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SAIC Motor Plans Joint Venture With Momenta and Yandian for Advanced Driver-Assist R&D

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According to IT Home, SAIC Motor's board approved a plan to form a joint venture with Momenta and Yandian Technology to strengthen advanced driver-assist R&D, according to an IT Home report on the company's announcement. The venture would have 300 million yuan in registered capital, with Momenta holding 51%, SAIC 25% and Yandian 24%. Momenta, listed in Hong Kong, positions itself as a physical-AI foundation model provider.

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www.ithome.com · Read the original source ↗

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