Google takes stake in Chinese voice recognition start-up Mobvoi

©Bloomberg Google has taken a significant minority stake in Mobvoi, a Beijing-based start-up that has developed Chinese-language voice recognition and search technology for mobile devices. The investment underscores how rapidly Chinese entrepreneurs are developing new technologies for the domestic market and comes as the Silicon Valley group continues to look for ways to rebuild its internet services offering in the country. More On this topic IN Technology “The new funding by Google will enable the company to further enhance its core artificial intelligence technologies, and develop new consumer products empowered by [artificial intelligence], and explore robotics technologies,” Mobvoi said. Earlier this year, the two companies signed a strategic partnership agreement, with Mobvoi providing search and speech recognition for Android Wear, Google’s smartwatches. The companies did not disclose the value or…

Link to Full Article: Google takes stake in Chinese voice recognition start-up Mobvoi

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