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XPENG robotics unit raises over $900M at $6.3B valuation in record AI round (XPEV:NYSE)

  • XPENG (XPEV) robotics business raised over $900M, at a post-money valuation of over $6.3B, marking the largest single-round private financing ever recorded in China’s embodied AI industry, the company said on Monday.
  • This round was initiated by global investors, led by IDG Capital, with

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