Alibaba-Backed Robot Firm Seeks $3 Billion Value in New Funding

Chinese robotics startup Dexmal is seeking a valuation of around 20 billion yuan ($3 billion) in an ongoing funding round, demonstrating strong investor interest in the country’s firms chasing a breakthrough in physical artificial intelligence. Chinese robotics startup Dexmal is seeking a valuation of around 20 billion yuan ($3 billion) in an ongoing funding round, demonstrating strong investor interest in the country’s firms chasing a breakthrough in physical artificial intelligence.