The new joint venture will develop and apply AI technologies to the automotive industry. Volkswagen ( VW ) Group China has signed a strategic partnership with China 's artificial intelligence specialist Mobvoi . VW has committed $ 180 million to the joint venture , which will combine Mobvoi 's natural language processing , speech recognition and search capabilities with VWs automotive skills to " accelerate and provide the answer to the challenges of smart mobility , " according to Prof. Dr. Jochem Heizmann , President and CEO of VW China .
Volkswagen ( VW ) Group China has signed a strategic partnership with China 's artificial intelligence specialist Mobvoi . VW has committed $ 180 million to the joint venture , which will combine Mobvoi 's natural language processing , speech recognition and search capabilities with VWs automotive skills to " accelerate and provide the answer to the challenges of smart mobility , " according to Prof. Dr. Jochem Heizmann , President and CEO of VW China .