financetom
Business
financetom
/
Business
/
Robo.ai Invests in Arkreen to Integrate AI Machines With Web3 Technologies; Shares Rise 12%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Robo.ai Invests in Arkreen to Integrate AI Machines With Web3 Technologies; Shares Rise 12%
Sep 18, 2025 9:35 AM

10:06 AM EDT, 09/18/2025 (MT Newswires) -- Robo.ai ( AIIO ) said Thursday it made an investment in Arkreen as it seeks to develop an intelligent machine asset network via the integration of AI robot technology with Web3 technologies.

Financial details weren't disclosed.

The company said it will collaborate with Arkreen by connecting its ecosystem of intelligent devices such as robotaxis and electric aircraft with Arkreen's decentralized physical infrastructure networks, enabling data and asset monetization.

The collaboration will also focus on creating a global payments system using stablecoins, with Robo.ai's ( AIIO ) operations in the Middle East serving as a key testing ground. This move is designed to boost financing, improve efficiency, and increase the companies' presence in the digital asset market, Robo.ai ( AIIO ) said.

Shares of Robo.ai ( AIIO ) were up 12% in recent Thursday trading.

Price: 2.16, Change: +0.23, Percent Change: +11.92

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
China limits companies from US investments, Bloomberg News reports
China limits companies from US investments, Bloomberg News reports
Apr 2, 2025
(Reuters) - China has taken measures to limit its companies from making investments in the United States in an effort to gain more leverage in potential trade talks with U.S. President Donald Trump's administration, Bloomberg News reported on Wednesday citing people familiar with the matter. ...
Interactive Brokers Chairman Thomas Peterffy Discloses 25.9% Stake in Newsmax
Interactive Brokers Chairman Thomas Peterffy Discloses 25.9% Stake in Newsmax
Apr 2, 2025
06:28 AM EDT, 04/02/2025 (MT Newswires) -- Interactive Brokers Group ( IBKR ) Founder and Chairman Thomas Peterffy disclosed a stake of about 23 million shares in Newsmax ( NMAX ) in a Tuesday filing. The 25.9% ownership is held indirectly through Conyers Investments, making Peterffy the second largest shareholder of the company, according to Investing.com. The stake is worth...
Eli Lilly Says It Has No Affiliation With Hims & Hers Regarding Zepbound
Eli Lilly Says It Has No Affiliation With Hims & Hers Regarding Zepbound
Apr 2, 2025
06:26 AM EDT, 04/02/2025 (MT Newswires) -- Eli Lilly ( LLY ) said Tuesday it doesn't have any affiliation with Hims & Hers Health ( HIMS ) , adding that its weight-loss drug Zepbound, or tirzepatide, can be prescribed by any licensed healthcare professional. Hims & Hers earlier said it was expanding its weight-loss products on its telehealth platform to...
Ryanair Holdings Reports March Passenger Numbers Increase 10%
Ryanair Holdings Reports March Passenger Numbers Increase 10%
Apr 2, 2025
06:25 AM EDT, 04/02/2025 (MT Newswires) -- Ryanair Holdings ( RYAOF ) said Wednesday that it flew 15 million passengers in March, up 10% from 13.6 million a year earlier. The budget European airline said it carried 200.2 million passengers in the year ending March 31, up 9% from 183.7 million a year earlier. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved