XPENG Robotics Raises $900M+ First Round at $6.3B+ Valuation
XPENG's robotics business has entered share purchase agreements with investors to raise more than US$900 million at a post-money valuation above US$6.3 billion, the company announced on August 24, 2026. XPENG describes the raise as the largest single-round private financing recorded in China's embodied AI industry. The round is led by IDG Capital, with participation from Gaorong Ventures and support from Tencent and Alibaba as strategic investors. It is the robotics unit's first external… [...]
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XPENG’s robotics arm has raised more than $900M ahead of its humanoid production run
XPENG said on Monday that its robotics business has raised more than $900M in what the company described as its first funding round, a substantial sum for a unit that has yet to sell a single robot co [...]
The app store for robots has arrived: Hugging Face launches open-source Reachy Mini App Store with 200+ apps
There's an app for nearly every imaginable user and use case these days, but one thing they all have in common is that they're centered around one device: the smartphone.That changes today a [...]
Nscale closes a $900m revolving credit facility to fund its data-centre build-out
Nscale has closed a $900m revolving credit facility, a standing pool of borrowing it will draw on to speed up its data-centre build-out across the US, Europe, and Asia-Pacific, the company said on Tue [...]
XPeng starts its robotaxi line in Guangzhou, three years behind the leaders and ahead of any other Chinese automaker
The first car off the line on Monday marks the start of a slow ramp. Public pilots arrive in the second half, fully driverless by early 2027. XPeng said on Monday that the first robotaxi had rolled of [...]
Xpeng’s L03 is the first Chinese EV to put proprietary AI driving chips in a mass-market car
Xpeng debuted the L03 on Wednesday in Munich, launching its most internationally ambitious electric vehicle simultaneously across 65 markets. The coupe-SUV is built around the company’s proprietary [...]
Xpeng debuted its flying car in Germany. It has 7,000 orders and a factory that can build 10,000 a year.
Xpeng debuted the Land Aircraft Carrier at a launch event in Munich on Wednesday, the first time the Chinese automaker has shown its modular flying car outside Asia. The vehicle is a six-wheeled groun [...]
Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China
China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]
NEURA Robotics raises up to $1.4B in record robotics round backed by Nvidia, Amazon, and Tether
German robotics company NEURA Robotics has announced up to $1.4 billion in Series C funding to scale its cognitive robotics platform. The round values the company at approximately $7 billion, accordin [...]
Nvidia releases DreamDojo, a robot ‘world model’ trained on 44,000 hours of human video
A team of researchers led by Nvidia has released DreamDojo, a new AI system designed to teach robots how to interact with the physical world by watching tens of thousands of hours of human video — a [...]