Alibaba Cloud invests $140M in X Square Robot, boosting AI robotics

Alibaba Cloud

China’s high-tech landscape is witnessing a fast-growing craze for humanoid robotics. In this larger picture, Alibaba Group’s cloud and artificial intelligence unit has taken a significant step by leading a 1 billion yuan (approximately US$140 million) Series A+ funding round in Shenzhen-based AI start-up X Square Robot. This marks Alibaba Cloud’s first major investment in … Read more