XPENG IRON humanoid robot draws record physical AI funding

XPENG’s physical AI unit has secured over $900 million at a $6.3 billion valuation to scale its IRON humanoid robot platform. The Chinese electric vehicle maker announced the funding round for its robotics business through a set of share purchase agreements with multiple investors. XPENG says the deal represents the largest single-round private capital raise […] The post XPENG IRON humanoid robot draws record physical AI funding appeared first on AI News.