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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.

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Categories: Mobile & Wireless
Companies: MTS
Countries: Russian Federation / World
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