en.Wedoany.com Reported - Two Chinese general-purpose and embodied artificial intelligence companies, AI2 Robotics and X Square Robots, today announced the completion of their funding rounds, with each surpassing a valuation of 50 billion yuan (approximately $2.8 billion). Among them, AI2 Robotics raised nearly $735 million in new funds, while X Square Robot Technology Co. Ltd. did not disclose the specific amount raised across four consecutive funding rounds, culminating in a Series C round.
Embodied AI, also known as physical AI, sits at the intersection of artificial intelligence and the physical world. Detectors such as cameras and microphones feed information into advanced AI models to control robots. The scope of robotics technology includes humanoid robots, as well as robotic arms with grippers, smart infrastructure (such as doors and air conditioners), and autonomous vehicles.
Shenzhen-based AI2 Robotics is a global leader in the research, development, and manufacturing of general-purpose intelligent robots, with products covering hardware and vision-language-action models that control machinery. These models provide spatial reasoning and intelligence, enabling robots to observe, understand the world, and take action without human intervention. The company is renowned for its flagship series of robot platforms, such as AlphaBot and AlphaBot Cube. AlphaBot is an advanced wheeled humanoid robot powered by the "Alpha Brain" foundation model, capable of interpreting complex instructions, manipulating objects, and performing goal-oriented tasks. Some of its humanoid robots feature over 34 degrees of freedom, a waist-leg lifting mechanism, and an arm span of approximately 2.3 feet. Unlike purely bipedal humanoid robots, AI2's design combines a wheeled platform with a humanoid torso, focusing on industrial-grade stability, speed, and safety. AlphaBot is less prone to tipping over while executing high-precision human-like actions. The company is advancing the commercialization of AlphaBot 2 in various environments, including industry, biotechnology, public services, and retail.
X Square Robots is known for its proprietary Wall AI frontier robot model and its self-developed wheeled humanoid robot series, Quanta, which includes the flagship product X2. In September 2025, the company released the open-source version of Wall-OSS, aiming to democratize access to embodied intelligence and accelerate community-driven robot form development. The company has developed data collection tools, including teleoperation systems, exoskeletons, and specialized interfaces for understanding human motion, to build robots' motion and environmental understanding capabilities and enhance performance. Quanta robots have been deployed for tasks such as daily household chores and industrial logistics. The company's core goal is to provide general-purpose humanoid robots to industries facing labor shortages or requiring highly repetitive physical labor. Its target market focuses on the domestic service sector, envisioning robots used in real homes to assist professional cleaners with household tasks. Meanwhile, the company is also developing heavy-duty versions of robots for industrial applications, handling precision assembly and automated parts handling on factory floors. Other robot forms can support supply chain management through sorting, heavy lifting, and material transport.
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