Zhihui Fangzhou has completed a new round of financing of nearly 5 billion yuan, with a valuation exceeding 20 billion yuan

Embodied AI firm Zhisquare has recently completed a new round of financing, with a total financing amount of nearly 50 billion RMB (approximately 7 billion USD), pushing its valuation to over 200 billion RMB. According to statements from Zhisquare to reporters, following this round of financing, the company will accelerate the iterative upgrading and large-scale mass production of its "robot brain", and further consolidate its integrated capabilities of "model X hardware X scenario". (The Paper)