Chinese artificial intelligence chip maker ThinkForce has raised RMB450 million (US$68 million) in series A round from Sequoia Capital China, Hillhouse Capital, Jack Ma-backed Yunfeng Capital and Yitu Technology, an AI start-up specializing in machine vision and hardware, according to media reports.  This is Yitu Technology’s second investment in the AI space this month after joining IDG Capital in a US$15 million round in AI drug maker Accutar Biotech. Yitu Technology itself raised a RMB380 million (US$55 million) series C …

Sequoia, Hillhouse, Yitu Technology Join $68M Series A Round In Chinese AI Chip Maker ThinkForce appeared first on China Money Network.