Yonhap Infomax NewsAlibaba Cloud has invested $100 million in XSquare Robotics, a Chinese humanoid robot startup, as competition heats up in the sector; XSquare plans an IPO next year and aims to lower robot prices below $10,000 within five years.
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Alibaba Invests $100 Million in Chinese Humanoid Robot Startup
Alibaba Cloud has invested $100 million in XSquare Robotics, a Chinese humanoid robot startup, as competition heats up in the sector; XSquare plans an IPO next year and aims to lower robot prices below $10,000 within five years.