XPeng Raises $900M to Build Humanoid Robots as Tencent, Alibaba Back Expansion
XPeng Inc. ((", XPENG", or the ", Company, ", NYSE:XPEV), a leading global Physical AI company, announced today that its robotics business has entered into share purchase agreements with multiple
XPeng, a company that makes robots and electric cars, just got $900 million in money from big investors like Tencent and Alibaba to build more robots. This shows these investors believe in XPeng's robot business and think it could grow into something really important.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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