Alibaba leads $100 million investment in Chinese humanoid robot startup

Alibaba-backed robotics startup X Square Robot raises $100M to build humanoid robot butlers - Tech Startups

The race to bring humanoid robots into everyday life is accelerating, and one of China’s youngest players just pulled in a big check. Shenzhen-based humanoid startup X Square Robot announced Monday that it raised around $100 million in fresh funding, […] The post Alibaba-backed robotics startup X Square Robot raises $100M to build humanoid robot butlers first appeared on Tech Startups.

Alibaba Cloud leads US$140 million funding round for AI start-up X Square Robot

The growing investor interest in embodied intelligence reflects the rapid advances being made by China’s humanoid robot makers.

Alibaba leads $100 million investment in Chinese humanoid robot startup

Capital is rushing into humanoids — X Square Robot has completed eight fundraising rounds in less than two years since the startup was founded.

Alibaba leads $140 million funding round in Chinese humanoid robot start-up X Square Robot

X Square Robot, a Shenzhen-based humanoid robotics developer, has raised the equivalent of between $100 million and $140 million in its latest financing round, according to multiple reports. Alibaba Cloud, the artificial intelligence and cloud computing arm of Alibaba Group, led the round, which the South China Morning Post reported as a 1 billion yuan […]

X Square Robot debuts foundation model for robotic butler after $100M Series A - The Robot Report

The Quanta robot is intended to provide a path to humanoids in the household. Source: X Square Robot Embodied artificial intelligence is drawing attention for its potential to enable robots such as humanoids to do more. X Square Robot today announced that it has raised an additional $100 million in Series A+ funding. The Shenzhen, China-based company also launched Wall-OSS, its proprietary open-source foundation model for robotic platforms, and …

Alibaba Leads $140 Million Funding Round In X Square Robot

Alibaba Group Holding Ltd. co-led the latest funding round in robotics startup X Square Robot, as the Chinese e-commerce company is trying to cement its leadership in emerging technologies. The Hangzhou-based company has said it plans to spend $53 billion on AI infrastructure over three years in a major pivot. Artificial intelligence advancements promise to usher in a new generation of smarter robotics, and Beijing has made developing that secto…