Horizons Ventures, the private Hong Kong based investment arm of Li Ka-shing, the wealthiest man in Hong Kong, has made an “early-stage investment after it backed AI startup” Fano Labs. Horizons is a leading investor in some of the world’s most innovative companies and disruptive technologies, including Facebook, Spotify, Impossible Foods, Improbable, Zoom, Blockstream, Soul Machines and ChromaDex. Now, they decided to put undisclosed money into Fano Labs, which recently graduated AI accelerator program Zeroth. This deal also marks the firm’s first investment in a Hong Kong-based company. “We are a team of scientists and engineers. Our world-class technical expertise in speech and NLP technologies would empower
Qualcomm says incorporation of its Zeorth platform will give the chip a competitive edge over the competition.