Chinese artificial intelligence company SenseTime has signed a long-term development agreement with Japanese car manufacturer Honda, to build cars with autonomous driving. The partnership will leverage Honda’s vehicle control system with SenseTime’s AI algorithms, to jointly create an autonomous driving solution, said the companies in a statement. Honda ad SenseTime will also work together to develop robot technology.
SenseTime recently raised a $410 million Series B round, and is valued at roughly $1.47 billion.
[Image courtesy: Honda]