Learn English: Alibaba Invests in Chinese Robot Revolution (hard)

11 months, 3 weeks ago

Alibaba Invests in Chinese Robot Revolution

Alibaba is leading a significant $100 million investment in X Square Robot, a promising Chinese humanoid robot startup.

This substantial funding round marks the eighth for X Square Robot, showcasing investor confidence in the company's innovative technology.

X Square Robot is developing advanced robots capable of complex tasks, utilizing cutting-edge artificial intelligence.

With plans for an IPO and expansion into international markets, X Square Robot is poised to become a major player in the robotics industry.

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Source

Original: CNBC

Tags

#Robotics #Artificial Intelligence #Alibaba #Investment #Humanoid Robot

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