No Result
View All Result
  • Login
Wednesday, July 1, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Markets

Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals

by FeeOnlyNews.com
3 hours ago
in Markets
Reading Time: 2 mins read
A A
0
Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals
Share on FacebookShare on TwitterShare on LInkedIn


Zeroth W1, produced by Lexiang Technology, has obtained the Wall-E IP authorization for the Disney animated film “RoboCop” and will be unveiled at AWE 2026 in Shanghai, China on March 15, 2026.

Cfoto | Future Publishing | Getty Images

BEIJING — Alibaba-affiliate Ant Group is ramping up its move into humanoid robots.

Ant has led a 500 million yuan ($73.58 million) funding round in humanoid robotics company Zeroth, the start-up announced Thursday.

It’s the 12th company in the sector that Ant has invested in since the beginning of 2025, according to CNBC analysis of PitchBook data. The investments tracked by CNBC range from humanoid robotics companies Galaxea and Unitree, to parts and software start-ups such as Linkerbot, Hypershell and Genrobot AI.

After regulators halted Ant’s giant IPO in 2020, the operator of mobile payments app Alipay has launched a healthcare services app and released its own artificial intelligence models. In late 2024, Ant also established a humanoid robot subsidiary called RobbyAnt that subsequently developed its own robot.

Ant has released an AI and robotics-friendly version of its Alipay mobile payments service, which is an area Zeroth said it would like to cooperate in.

Monolith, Geely Capital, 37 Interactive Entertainment and Hua Capital also participated in Zeroth’s latest funding round. The pre-Series A raise brings total funds raised to 1 billion yuan.

The start-up’s founder, Guo Renjie, told CNBC that Zeroth focused on securing companies with experience in industries such as smartphone chips. He said the company’s robots currently use chips from Horizon Robotics.

Zeroth Robotics, known in China as Suzhou JoyIn Intelligent Technology, was founded in late 2024.

The start-up plans a phased approach to realizing humanoid robots for the home, Guo told CNBC in an interview earlier this year. The company is starting with companionship robots for elderly care and pet care, followed by robots for children’s education, he said.

Zeroth claimed it has received orders for more than 30,000 units, and that operating revenue in the first half of the year surged 600% from a year ago.

Guo said he plans to start overseas sales in North America and Europe this fall, once the company clears local compliance requirements.

The Ant Group-led deal comes as interest in humanoid robots grows in China. Nvidia on Monday announced it was hiring for several robotics roles based in Beijing, Shanghai and Shenzhen.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.



Source link

Tags: AlibabaaffiliateAntDealsentersGrouphumanoidmarketrobot
ShareTweetShare
Previous Post

Delaware Market Cards: 6 Fresh-Food Details for Seniors

Next Post

CSM Technologies shares to list today. Check GMP ahead of debut

Related Posts

Dr. Phil or Kevin O’Leary: Who Said Your Girlfriend Is Easier to Replace Than Your Business?

Dr. Phil or Kevin O’Leary: Who Said Your Girlfriend Is Easier to Replace Than Your Business?

by FeeOnlyNews.com
July 1, 2026
0

Dr. Phil McGraw built a media career giving blunt relationship advice on daytime television. Kevin O’Leary built his public brand...

Tech analyst Dan Ives is exiting Wedbush for a new venture

Tech analyst Dan Ives is exiting Wedbush for a new venture

by FeeOnlyNews.com
July 1, 2026
0

Dan Ives, Wedbush Securities analyst.Scott Mlyn | CNBCDan Ives, one of Wall Street's most recognizable technology analysts, is leaving his...

Aaon Drops 6.8% Amid Sector-Wide Selling

Aaon Drops 6.8% Amid Sector-Wide Selling

by FeeOnlyNews.com
July 1, 2026
0

AlphaStreet Newsdesk powered by AlphaStreet Intelligence Aaon shares tumbled 6.8% Wednesday to close at $118.26 as a broad selloff hammered...

The  Trillion Case for an AI Bubble

The $2 Trillion Case for an AI Bubble

by FeeOnlyNews.com
July 1, 2026
0

Everyone wants to know whether artificial intelligence is a bubble. My answer might surprise you. Because the last major technology...

How To Prepare in This Awesome Market

How To Prepare in This Awesome Market

by FeeOnlyNews.com
July 1, 2026
0

I just spent two days in Boston for an awesome meet-up with so many great students and friends. It also...

Constellation Energy (CEG) Has a Contracted Power-and-Customer Platform Bigger Than a Merchant-Power Trade

Constellation Energy (CEG) Has a Contracted Power-and-Customer Platform Bigger Than a Merchant-Power Trade

by FeeOnlyNews.com
July 1, 2026
0

Why Constellation is more than a merchant-power stock Constellation Energy is often grouped with merchant generators, but its operating model...

Next Post
CSM Technologies shares to list today. Check GMP ahead of debut

CSM Technologies shares to list today. Check GMP ahead of debut

  • Trending
  • Comments
  • Latest
Entry-Level Rentals Are Disappearing—Here’s How Landlords Can Fill the Gap

Entry-Level Rentals Are Disappearing—Here’s How Landlords Can Fill the Gap

June 18, 2026
Trump reportedly pressed FDA chief to authorize mango and blueberry vapes after years of rejection

Trump reportedly pressed FDA chief to authorize mango and blueberry vapes after years of rejection

May 7, 2026
House backs an emergency brake on elder fraud

House backs an emergency brake on elder fraud

June 26, 2026
Trump claims Iran deal is ‘unconditional surrender’: Axios

Trump claims Iran deal is ‘unconditional surrender’: Axios

June 18, 2026
Strait Outta Hormuz: Getting the Iran Oil Story Straight

Strait Outta Hormuz: Getting the Iran Oil Story Straight

June 12, 2026
Rothbard on Scientism | Mises Institute

Rothbard on Scientism | Mises Institute

June 5, 2026
When President Trump or another celeb buys a stock, here is the one investing rule to follow

When President Trump or another celeb buys a stock, here is the one investing rule to follow

0
Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals

Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals

0
CSM Technologies shares to list today. Check GMP ahead of debut

CSM Technologies shares to list today. Check GMP ahead of debut

0
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers

Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers

0
How To Prepare in This Awesome Market

How To Prepare in This Awesome Market

0
World Cup could boost the June jobs report by 40,000, Goldman estimates

World Cup could boost the June jobs report by 40,000, Goldman estimates

0
CSM Technologies shares to list today. Check GMP ahead of debut

CSM Technologies shares to list today. Check GMP ahead of debut

July 1, 2026
Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals

Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals

July 1, 2026
Delaware Market Cards: 6 Fresh-Food Details for Seniors

Delaware Market Cards: 6 Fresh-Food Details for Seniors

July 1, 2026
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers

Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers

July 1, 2026
Fed’s Warsh Defies Trump’s Rate Cut Demand at ECB Forum, Vows 2% Target

Fed’s Warsh Defies Trump’s Rate Cut Demand at ECB Forum, Vows 2% Target

July 1, 2026
FOUR Bags of Blue Buffalo Healthy Dog Treats only .95 shipped total!

FOUR Bags of Blue Buffalo Healthy Dog Treats only $10.95 shipped total!

July 1, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • CSM Technologies shares to list today. Check GMP ahead of debut
  • Alibaba-affiliate Ant Group enters the humanoid robot market with 12 deals
  • Delaware Market Cards: 6 Fresh-Food Details for Seniors
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.