Hanwha and Ambarella sign $800M+ decade-long deal to co-develop edge AI tech across industries.

Hanwha and Ambarella have entered a long-term agreement valued at over $800 million to co-develop and deploy edge AI technology across multiple industries including robotics, industrial automation, and life sciences. This decade-long partnership combines Hanwha Vision's expertise in vision solutions and cybersecurity with Ambarella's advanced edge AI platform, which supports a wide range of AI applications. The collaboration aims to accelerate product development and expand AI-enabled products at scale, strengthening both companies' positions in the growing edge AI market. This deal represents one of Ambarella's largest partnerships and is expected to drive significant multi-year revenue growth.