Alibaba Leads $60 Million Series B Round in AI Video Startup AISphere

“Looking ahead, we will continue to make firm investments around our two strategic priorities: mass consumption and AI+cloud, seizing historic opportunities to achieve long-term growth,” said Wu Yongming, CEO of Alibaba Group.

Mistral AI Raises US$ 2 Billion as ASML Becomes Its Top Shareholder

The investment strengthens ASML’s position as a key backer of Mistral AI, a startup regarded as one of Europe’s most promising challengers to U.S. AI leaders including OpenAI, Meta, and Alphabet’s Google.

Lightelligence Raises Over $210 Million in Series C Round to Accelerate Hybrid Optoelectronic Computing

Dr. Shen Yichen, founder and CEO of Lightelligence, noted that large-scale optoelectronic integration technology has reached a critical stage for commercialization. Within the next five years, photonic chips are expected to account for 30% of computing power in intelligent computing centers.

Alibaba Cloud Backs X Square Robot in Nearly $140 Million Funding to Advance Embodied Intelligence

X Square Robot CEO Wang Qian expects the industry to reach a "ChatGPT moment" in robotics within three to five years, contingent on scaling laws, sufficient data, and ongoing improvements in model architecture and training.

ASML to Become Top Shareholder in Mistral AI With $1.5 Billion Investment

UBTECH Reports 27.5% Revenue Growth in H1, Secures $1 Billion Strategic Financing to Accelerate Humanoid Robot Expansion

UBTECH has established partnerships with major players including BYD, Dongfeng Liuzhou Motor, Geely Auto, FAW-Volkswagen Qingdao Branch, Audi FAW, BAIC New Energy, SF Express, and Foxconn. Its Walker S seriesindustrial humanoid robots have been deployed in more factories for practical training than any other humanoid robots globally.

AI² Robotics Raises Multi-Million-Dollar Series A to Expand Humanoid Robot Production

Earlier this year, AI² Robotics unveiled GOVLA, the world’s first full-domain, full-body VLA (Vision-Language-Action) large model. GOVLA surpasses conventional robotic arm-focused models by offering superior perception, full-body control, and trajectory management, combining fast and slow system outputs in an end-to-end framework.

CQMTEK Secures Over US$ 13.8 Million in Series A+ Financing to Advance Quantum Precision Measurement

“The strength of our chip atomic clock and frequency-stabilized laser platforms puts us in a strong position to industrialize quantum precision measurement at scale,” a company spokesperson said. “This financing will further accelerate our role in building a secure and independent domestic ecosystem.”

Nvidia, Google Join $863 Million Funding Round for Fusion Startup CFS

Chinese Toy Maker Haivivi Raises $28M Series A to Lead the AI Toy Revolution

In June 2024, Haivivi launched its first AI toy, BubblePal, featuring role-playing, multilingual conversations, AI-powered collaborative storytelling, and long-term memory. In the first month, more than 10,000 units sold; total sales now exceed 200,000 units. The success has validated investor confidence in the AI toy market.