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01.AI Company Kai-Fu Lee Receives Hundreds of Millions of Yuan in State Investment from Hangzhou
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TechNode
technode.com

01.AI Company Kai-Fu Lee Receives Hundreds of Millions of Yuan in State Investment from Hangzhou

01.AI, founded by Kai-Fu Lee, has attracted investments amounting to hundreds of millions of yuan from state investors in Hangzhou and the Linping district of the city. This agreement was announced on October 30 after being signed two days earlier.

Under the terms of the deal, 01.AI plans to locate its headquarters in Linping and establish a base to assist enterprises in implementing artificial intelligence. These funds are aimed at supporting the company's growing focus on enterprise applications and specialized AI systems for industries.

The company is gradually phasing out consumer-oriented services, shifting towards corporate AI solutions. In September, the public models platform stopped offering trial versions of models and API services. Lee stated that the company is now adapting Chinese open models, such as DeepSeek, Qwen, and GLM, for business clients, with approximately half of its revenue coming from outside China.

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Robotics startup Jingji Intelligent for cleaning attracts tens of millions of yuan in seed round
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Robotics startup Jingji Intelligent for cleaning attracts tens of millions of yuan in seed round

The Shanghai-based robotics startup Jingji Intelligent for cleaning has successfully attracted tens of millions of yuan in seed funding. The investments came from Haowen Tianshu Robotics and Shanghai Lanyun Industrial Development.

Information about the fundraising was disclosed on October 20, approximately one month after the company's founding in September.

Jingji Intelligent's main focus is cleaning vertical surfaces, countertops, and sanitary ware. To achieve this, the company utilizes force control, machine vision, and high-precision actuation methods borrowed from medical robotics.

The company plans to maintain its research and development operations and supply chain within China, while focusing on international clients. Partnerships have already been established in Australia, Spain, Singapore, and Vietnam, and the company is now moving into the product validation stage after defining the technical approach and product architecture.

Robotics startup Gewu Tongzhi, founded by former Huawei engineer, attracts nearly 100 million yuan
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technode.com

Robotics startup Gewu Tongzhi, founded by former Huawei engineer, attracts nearly 100 million yuan

The robotics startup Gewu Tongzhi, based in Hangzhou, has completed an angel funding round worth nearly 100 million yuan, according to reports published on October 18. Investors included Hongfu Asset Management, Peak Investment, Hangzhou Capital, and Hangzhou Talent Group.

The company was founded in 2026 and is engaged in developing artificial intelligence for dexterous robotic manipulation. It combines global models with physical interaction-based learning.

Founder and CEO Cai Jia previously worked in the research laboratories and automotive business of Huawei, participating in the development of the company's ADS autonomous driving systems.

The raised funds will be used for model training, hardware development, personnel recruitment, and real-world data collection. Gewu Tongzhi collaborates with clients in the textile, optical module, and automotive component sectors on conceptual validation projects, with the first delivery expected by the end of 2026.

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