Alliance Ventures invests in Chinese self-driving start-up WeRide.ai

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Artificial Intelligence

WeRide.ai plans to use the proceeds from the latest financing round to deploy a fleet of 500 autonomous vehicles next year

Alliance Ventures, the corporate venture capital fund of Renault-Nissan-Mitsubishi, has become the lead investor in China-based self-driving firm WeRide.ai following the completion of the Series A financing round at the Chinese start-up, the alliance said in a press release on 11 October.

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