BP Ventures makes multi-million pound investment in Chinese AI firm


#China #funding - Oil giant BP’s hi-tech investment arm BP Ventures has today made a multi-million pound investment in R&B Technology, an AI technology firm based in China. The £2.7 million ($3.53m) backing in the Shanghai-headquartered firm will see the company support BP Alternative Energy’s focus on low-carbon power, storage, digital energy value chain and wider energy as a service. (Energy Voice)


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