Reported 1 day ago
X Square Robot, a Shenzhen-based startup, secured $100 million in funding from Alibaba to expand in the robotics sector, totaling around $280 million since its launch. The company focuses on integrating embodied AI for humanoid robots, highlighted by their new project WALL-OSS, which aligns vision-language-action capabilities for real-world tasks. X Square aims to reduce robot costs to $10,000 within three to five years, driving consumer adoption, while also planning for international expansion and an IPO next year.
Source: YAHOO