Short summaries · original links
7×24 Flash
Robotics~RMB 100M

Robot-AI startup Gewu Tongzhi, founded by former Huawei engineers, raises nearly RMB 100 million in angel round

Source
TechNode
Gewu
Generated graphic, not a news photo

This is a short summary, not a reprint. Read the original for details.

The Hangzhou company disclosed the round on 18 October and focuses on robot AI.

Read original ↗Source: TechNode · Opens the source in a new tab

Related stories

China blocks SoftBank's US$5.4 billion takeover of ABB's robotics business

ABB said on 5 November that China's foreign-investment security review office prohibited SoftBank's acquisition of its robotics business, signed at an enterprise value of about US$5.375 billion. Reports cite concern about data leaving China. It is the second publicly known AI-related foreign deal Beijing has blocked this year, after Meta's Manus purchase of over US$2 billion. ABB says talks continue.

RoboticsHotUS$5.4B deal (blocked)SCMP