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Ant Group’s embodied AI arm Robbyant kicks off external funding
['Wency Chen']
South China Morning Post
Robbyant, the embodied artificial intelligence division of Ant Group, has begun seeking external funding, becoming the fourth unit of the fintech giant to step up capital-raising efforts.
The unit said it was in talks with investors on Monday.
As Ant Group ’s “core initiative in embodied intelligence”, a Robbyant spokesperson said it would remain focused on developing a general-purpose “robot brain”, investing in technologies designed specifically for embodied AI and accelerating commercial deployment.
Local media outlet Lanjing News reported on the same day that the unit decided to raise capital independently as Ant Group’s broader push into AI squeezed internal computing budgets, while financing in the embodied AI sector had gained momentum.
Last month, Robbyant released the second generation of its LingBot AI foundation model family.