What Happened
Shenzhen-Based Firm Leads China's Physical AI Sector
AI² Robotics has raised $735 million in a fresh financing round, pushing its valuation past $3 billion. The Shenzhen-based company develops wheeled humanoid robots equipped with a humanoid torso and nimble five-fingered hands. The funding positions AI² Robotics among the leaders of China’s fast-moving physical AI sector, with a diverse investor base reflecting the strategic importance of the technology. The company is targeting industrial applications, including logistics, manufacturing, and biotech, and is avoiding consumer markets. This development was first reported by The Robot Report.