JD.com Invests in Three Chinese Embodied AI Startups in a One Day · TechNode
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3 Articles
JD.com invests in three Chinese embodied AI startups in a one day · TechNode
Chinese e-commerce company JD.com on Monday completed strategic investments in three embodied intelligence companies: Spirit AI, LimX Dynamics, and EngineAI. Based on the announcements from the three companies, the total investment is estimated to have approached two billion yuan ($280 million) in a single day. JD.com says it is focusing on supply chain scenarios that drive innovative applications, according to local media outlet Securities Time…
JD.com and Meituan take their rivalry from takeout to humanoid robots
As if the takeout business weren’t enough to fuel tensions between JD.com and Meituan, their rivalry has now extended into embodied artificial intelligence, with both companies investing in robotics startups to gain an edge. Following earlier reports by 36Kr on Meituan’s investments in X Square Robot and Galaxea AI, two emerging players in the embodied intelligence space, JD has countered with a flurry of moves. After backing Agibot in its Serie…
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