MTS to invest in edge AI chip developer Kneron

Friday 26 March 2021 | 11:22 CET | News
Russian operator MTS announced that the company's wholly-owned subsidiary MTS AI Centre has signed a definitive agreement to invest around USD 10 million in the start-up Kneron, an AI chip developer. The investment will enable MTS AI to receive exclusive distribution rights in Russia for Kneron chips as well as move toward creating its own line of AI-ready products leveraging Kneron's technology.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: MTS
Countries: Russian Federation / World
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Kneron secures USD 25 mln in funding to develop AI chip for smart city infrastructure

Published 21 Dec 2021 15:00 CET | World
US-based AI chip company Kneron announced new funding of USD 25 million, taking its total raised funds to USD 115 million. The ...

MTS to acquire AI computer vision company VisionLabs

Published 14 Dec 2021 09:14 CET | Russian Federation
Russian operator MTS has has signed a definitive agreement to acquire the company VisionLabs for RUB 7 billion. The final deal ...

MTS Group invests in fintech platform TalkBank

Published 09 Jun 2021 17:21 CET | Russian Federation
Russian operator MTS said its corporate venture fund has invested in fintech platform TalkBank. The total amount invested in the ...

MTS launches platform for developing IoT services

Published 03 Jun 2021 16:41 CET | Russian Federation
Russian operator MTS has launched a platform for the development of the MTS IoT Hub. Integrators, producers of IoT equipment and ...

MTS to deploy IoT infrastructure in new apartment buildings

Published 13 May 2021 11:33 CET | Russian Federation
Russian operator MTS has introduced a new service for property developers to deploy IoT infrastructure in apartment buildings ...

MTS may invest in Lite scooters rental service - report

Published 20 Apr 2021 13:07 CET | Russian Federation
Russian operator MTS is considering an investment in the scooters rental service Lite, reports Vedomosti. The operator also ...

MTS to use AI for training call centre staff

Published 19 Feb 2021 12:36 CET | Russian Federation
Russian operator MTS has completed a pilot project SkyTrainer and has switched to scaling of the project from the corporate ...

MTS launches 5G video system at Moscow skating rink

Published 11 Feb 2021 11:22 CET | Russian Federation
Russian operator MTS has launched a video delivery service with data analytics on its pilot 5G network in Moscow. The system ...

MTS venture fund to invest RUB 125 mln in CoinKeeper

Published 14 Sep 2020 08:35 CET | Russian Federation
Russia operator MTS has announced an agreement to invest RUB 125 million in the developer of CoinKeeper, a personal finance ...

Kneron launches Kneron KL 720 SoC

Published 31 Aug 2020 11:29 CET | World
AI specialist Kneron launched its newest custom chip, the Kneron  KL 720 SoC, according to TechCrunch.com. The company said its ...

MTS invests in SWiP retail biometric platform

Published 23 Jan 2020 12:54 CET | Russian Federation
Russian mobile operator MTS announced a cash investment to support the further development of SWiP, a digital platform for ...

Calendar   /   Industry Events

25 Jan Ericsson Q4 2021
25 Jan Verizon Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Uniti Group Q4
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Crown Castle Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan MTN Nigeria Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Elisa Q4 2021
27 Jan Comcast Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
28 Jan Charter Communications Q4
::: More Calendar Items