On August 3, news emerged that Ant Yibo Technology, an embodied artificial intelligence (AI) enterprise operating under Ant Group, has embarked on its inaugural round of financing, with an ambitious goal of securing 1.5 billion yuan. The company aims to finalize a second round of financing by the year's end. In response to these reports, Ant Yibo confirmed that it is indeed engaging in discussions with potential investors. As a pivotal component of Ant Group's strategic布局 (which means "strategic layout" in Chinese, and here we keep the original Chinese term for its specific meaning in business context, but if you want an English equivalent, it can be replaced with "strategic deployment") in the realm of embodied AI, Ant Yibo reaffirmed its unwavering commitment to advancing the development of the general robot brain. The company also pledged to bolster its investments in technologies intrinsic to embodied AI and expedite their integration into industrial applications.
