An Alibaba Veteran Raised RMB 1 Billion in August and Is Raising Again

Embodied intelligence has no shortage of technical routes. It has a shortage of commercial ones, and investors have started paying for the difference. INFIFORCE keeps several body forms as validation platforms for its embodied brain (Source: Gasgoo) Zhejiang Venture Capital Group has completed an investment of close to RMB 100 million in INFIFORCE, a Hangzhou … Read more

Humanoid Secondary Shares Are Trading at Half Price and the Bids Are Not There

For two years the Chinese humanoid trade ran on paper. Terms sheets set the price, the next round ratified it, and nobody had to test whether anyone else would pay it. In October, for the first time, a seller tried to find out. Chinese humanoid valuations are being repriced in the secondary market. Illustration: The … Read more