X Square Robot Secures Four Consecutive Financing Rounds, Surpasses US$2.8 Billion Valuation in Push for Physical AI Foundation Models
Chinese startup X Square Robot has raised significant funding, reaching a valuation of over $2.8 billion to advance its embodied AI foundation models. The company is backed by major Chinese tech giants including Alibaba, ByteDance, and Xiaomi.
Why it matters
The massive investment signals a major push in the development of physical AI and robotics, positioning China as a key player in the embodied intelligence sector.
New funding supports development of embodied AI foundation models, commercial deployments and integrated robotics infrastructure, only embodied AI company backed by all four major Chinese internet technology leaders
The article is a standard business announcement regarding funding and corporate growth.
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