BEIJING, Feb 19 (Reuters) - Ant Group, the
Alibaba-linked fintech giant, is venturing into the humanoid
robot industry, joining a growing list of major Chinese tech
companies exploring this emerging field.
The company has opened positions related to humanoid robot
systems and applications through its subsidiary, Shanghai Ant
Lingbo Technology, which was established at the end of 2024 with
registered capital of 100 million yuan ($13.73 million),
according to a local media report confirmed by an Ant
spokesperson.
Humanoid robots, which are designed to resemble humans in
shape and movement, have become a hot investment area in China,
attracting interest from both large corporations and startups
across various sectors, including technology, electric vehicles,
and manufacturing.
The Chinese government has identified humanoid robots as one
of the "new productive forces" that Beijing seeks to drive the
country's economic growth and compete with the United States for
technological leadership.
Some prominent Chinese humanoid robot companies have gained
recognition, including UBTech and Unitree. Unitree has captured
attention for its products' impressive capabilities, such as
walking, climbing, and carrying loads.
Unitree's founder was given a front row seat in a meeting
Chinese President Xi Jinping held with private sector bosses on
Monday, shoring up interest in the sector further.
Some companies, such as Meituan ( MPNGF ) and Xiaomi ( XIACF )
, are directly involved in the research and development
of robots. Xiaomi's ( XIACF ) efforts date back to at least 2022 when it
launched its first full-size humanoid bionic robot, CyberOne.
Other companies are entering the space through investments
and partnerships. Tencent, for example, has been involved in the
industry since at least 2018, when it invested 50 million yuan
in Leju Robot, a Shenzhen-based startup.
($1 = 7.2848 Chinese yuan renminbi)