Alibaba Cloud leads US$140 million funding round for AI start-up X Square Robot

South China Morning Post - Sep 8, 2025

Alibaba Group Holding’s artificial intelligence and cloud computing services unit recently led a 1 billion yuan (US$140 million) Series A+ funding round for X Square Robot, a Shenzhen-based developer of embodied intelligence models. The deal marked Alibaba Cloud’s first investment in the embodied intelligence field, according to a statement on Monday from X Square Robot. The start-up said it expected “multidimensional support” from the Hangzhou-based company. Alibaba owns the South China Morning...

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