XPENG’s robotics arm has raised more than $900M ahead of its humanoid production run

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XPENG said on Monday that its robotics business has raised more than $900M in what the company described as its first funding round, a substantial sum for a unit that has yet to sell a single robot commercially. The timing is deliberate, since the Chinese carmaker has committed to putting its IRON humanoid into mass […]This story continues at The Next Web