Industry
China\'s AI2 Robotics, XSquare Robot raise funding at $2.8 billion valuations
China\'s AI2 Robotics and XSquare Robot have raised investment after being valued at more than 50 billion yuan, or about $2.8 billion, each, SiliconANGLE reported on Sunday, citing Bloomberg. AI2 Robotics raised about $735 million in the round. The size of XSquare Robot\'s investment was not disclosed. AI2 Robotics develops general-purpose intelligent robots and its own vision-language-action model. XSquare Robot is known for its WaiAI model and Quanta series wheeled humanoids.
