Netease Technology News on September 26, the unmanned enterprise King Chi Technology (King Chi) announced the completion of Pre-A round of 52 million US dollars financing. This round of financing was led by Qiming Venture Capital (Qiming), including the strategic investment of NVIDIA's GPU Ventures, and other institutions and individuals participating in joint investment. This round of investment will allow KingChip to rapidly expand its global R&D team and accelerate the deployment of the fourth-level fully self-driving fleet in China at the end of 2017. Qi Ming’s managing partner Yanzi Ping will join King Chi’s board of directors.

It is understood that Jing Chi was established in early April 2017. In less than five weeks, King Chi completed the unmanned test for the first closed venue. On June 18, Jing Chi became the 34th company to obtain a California license for unmanned vehicle testing. On June 24, just 81 days after the company was founded, Jing Chi completed the first unmanned test on the open road in Sunnyvale, California.

On August 15, 2017, KingChip and Anqing City of Anhui Province signed a comprehensive agreement to allow KingChip to launch 50 unmanned vehicles for operational testing in Anqing before the end of 2017. In 2018, KingChip plans to launch hundreds of vehicles equipped with NVIDIA DRIVE PX in Anqing to provide “robot taxi” taxi service.

“We are committed to creating an innovative and intelligent travel ecosystem that will make the public travel safer, more efficient, more economical and more comfortable.” Wang Jing, founder and CEO of Kingchip, said, “We look forward to turning People driving cars into cities in China have become the first companies in the world to adopt large-scale commercial applications of driverless technology. This investment has taken us one step closer to the dream. "

“The NVIDIA DRIVE PX artificial intelligence vehicle computing platform is critical for the development of deep learning capabilities of Kingchip and other unmanned projects around the world,” said Han Xu, co-founder and CTO of KingChip. “The computing advantages offered by Nvidia can be Significantly improve the on-board computing capabilities and make Kingchip’s unmanned vehicles more secure and reliable.Ping Chi looks forward to working with Nvidia to maximize the advantages of DRIVE PX and realize our vision of bringing autonomous travel services to China. With the cooperation and investment, Jing Chi can further accelerate the research and development of unmanned vehicles."

“In the past few years, Qiming has been paying close attention to the development of artificial intelligence and automatic driving. We firmly believe that these technologies will completely change human life in the future,” said Qi Mingping, partner in charge of Qiming. “Wang Jing and the team of Jing Chi have made us We are very impressed to start this journey together with the KingChip team from the beginning, and we will help KingChip become the first company in the world to bring autonomous driving to the mass market."

Jeff Herbst, NVIDIA’s vice president of business development, said: “Artificial intelligence is reshaping the entire transportation industry. We are excited to use our deep learning vision to develop driverless technology. They have made remarkable progress and we will fully support it. What they do.

“Anqing is a historical and cultural city and is currently accelerating its development. In the process of national industrial transformation, the municipal government has vigorously developed and supported strategic emerging industries,” said Dong Lei, deputy mayor of Anqing City. "The State Council has released the "New Generation Artificial Intelligence Development Plan". We will fully support the establishment of the artificial intelligence leader Jing Chi Technology in Anqing, support the development and testing of the Kingchip Technology in Anqing, and jointly create a model city for the operation of unmanned vehicles. ”

According to reports, Jing Chi is a fast-growing driverless technology company. There are currently more than 50 employees, of whom more than 80% are engineers. Most of them have doctoral degrees at Carnegie Mellon University, Champaign of Illinois, Champaign, Stanford University, University of California, Berkeley, and University of Southern California. . The core technology team has decades of accumulated experience in the driverless field. Many members are from Baidu, Shenzhou Special Vehicles, Didi Chuxing, Uber, Tesla and other companies. (Jie Ge)

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