Shenzhen-based DeepRoute.ai, which makes self-driving systems for vehicles that involve hardware and software, raises $300M+ led by Alibaba (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Shenzhen-based DeepRoute.ai, which makes self-driving systems for vehicles that involve hardware and software, raises $300M+ led by Alibaba  —  – Alibaba has led investments worth more than $300 million into Chinese autonomous driving start-up DeepRoute.ai.

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