Spidits
Funding

Chinese robotics outfits AI2 Robotics and X Square Robots each secure funding at around $2.8B valuation

Summary

Today, two Chinese general-purpose and embodied artificial intelligence firms, AI2 Robotics and X Square Robots, announced funding rounds that pushed their respective valuations beyond 50 billion RMB, or around $2.8 billion. Chinese general-purpose and embodied artificial intelligence firms continue

Why It Matters

Signals increasing investor interest and capital allocation in AI startups.

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