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AgiBot and Ant Group launch joint venture focused on AI and robotics
Original from TechNode.com: AgiBot and Ant Group launch joint venture focused on AI and robotics

AgiBot and Ant Group launch joint venture focused on AI and robotics

Hangzhou Chuanzhi Future Technology Co., Ltd. has been established with a registered capital of RMB 20 million (approximately $2.75 million), as reported by Qichacha. The company is a collaborative venture involving several key players, including Zhiyuan Innovation, an affiliate of AgiBot, Shanghai Yunyang, a subsidiary of Ant Group, Transfar Zhilian, and the Zhejiang Humanoid Robot Innovation Center. This new entity aims to explore advancements in technology and innovation, particularly in the field of robotics and artificial intelligence, reflecting a growing trend in the region's tech landscape. The establishment of this company underscores the commitment of its stakeholders to foster innovation and development in emerging technologies.

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