X Square has raised 1 billion yuan ($143 million) in a funding round led by ByteDance and HongShan C...
The AMW Read
Updates the player map for the Robotics/Physical AI segment with a significant capital injection from major ByteDance/HongShan backers.
NoveltySignificance
Robotics · Player Map
X Square has raised 1 billion yuan ($143 million) in a funding round led by ByteDance and HongShan Capital, bringing its total recent capital to over $280 million. The investment signals a strategic pivot to ground large-scale AI models into physical hardware via the Quanta X2 humanoid 🤖. By targeting a $10,000 price point within five years, this concentration of capital accelerates the era of affordable general-purpose labor. AI is now moving beyond screens to directly disrupt physical operations at an industrial scale 🏭.
