Google takes minor stake in Mobvoi, a Chinese artificial intelligence company

Today GOOG: 649.13 -16.97 Google takes minor stake in Mobvoi, a Chinese artificial intelligence company Cam Bunton – 25 mins ago @CamBunton Google Corporate Comments (0) Google’s focus on building its presence the Chinese market shows no sign of letting up. Mobvoi, a Chinese company which develops advanced, natural voice detection and AI-based technology, announced this morning that Google has taken a minority stake in the company. Although the exact amount Google invested wasn’t disclosed, Mobvoi will retain a controlling stake… This isn’t the first time Google has worked with Mobvoi. Only a few weeks ago, Google partnered with the AI company to launch the Moto 360 in China. It marked the first time Android Wear was available within Chinese borders. With Google now owning a portion of the company, it should…


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