Chinese startup Axera, which makes AI chips for computer vision in smart cities and smart homes, raises ~$126M from Meituan and others (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Chinese startup Axera, which makes AI chips for computer vision in smart cities and smart homes, raises ~$126M from Meituan and others  —  – Chinese artificial intelligence chip start-up Axera has raised 800 million yuan ($126 million) from investors including food delivery giant Meituan.