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Xiaomi invests in Chinese self-driving chip startup Black Sesame

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Investments

Startup leverages fresh funding to accelerate product upgrades and commercialization

According to an AsiaTechDaily press release dated 23 September, Black Sesame Technologies, a Chinese company that develops processors for self-driving systems based on AI, announced that its valuation had approached USD2 billion after attracting "hundreds of millions of dollars" from several investors, including Xiaomi.

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