Chinese leading AIoT company Terminus announced it has closed CNY 2 billion (USD 283 million) Series C1 round of funding. The company is competing in a market that expects to grow to USD 1,612 billion in 2025 from USD 164 billion in 2018.

The strategy differentiates itself from IaaS (Infrastructure as a service) cloud service as it targets directly at verticals and applications leveraged by underlying cloud computing technology and universal medium-end data service.

Terminus launched a new product namely Zhihui X9 server with AI computing, edge computing and storage functions, which is one part of Terminus's edge computing solution.

Terminus launched a program to build the first smart community leveraged by various 5G applications in Zhiqiang North Community in Haidian District, Beijing.

A Chinese AIoT company transformed a quiet neighbourhood of Beijing into an intelligent community backed by AI-powered surveillance systems all around the block.

Both parties will co-work in developing police robotic series products and using AI, cloud computing and big data to elevate police service efficiency, promote a positive image to the public, and ultimately serve people better.

Terminus and China Broad Greenstate International formed a strategic alliance in the smart city, upgrade in scenic spots, theme park and restoration of the ecosystem and expected to realize CNY 10 billion projects in the next three years.