Ant Group ventures into humanoid robot industry

Published 19/02/2025, 11:24
© Reuters.

Investing.com -- Ant Group, a fintech giant linked with Alibaba (NYSE:BABA), is making its move into the humanoid robot industry. This action places the company among a growing number of significant Chinese tech firms that are investigating this developing sector.

To facilitate this venture, Ant Group has advertised job openings related to humanoid robot systems and applications. These positions are available through its subsidiary, Shanghai Ant Lingbo Technology.

This company was founded at the end of 2024 with a registered capital of 100 million yuan ($13.73 million). This information was verified by a spokesperson for Ant Group and initially reported by local media.

Humanoid robots, machines designed to resemble human form and movement, are gaining popularity as an investment area in China.

These robots are attracting attention from large corporations and startups across diverse sectors. These include technology, electric vehicles, and manufacturing industries.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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