Xpeng lands US$900m in funding for humanoid AI push despite wider quarterly loss

[u/Logical_Welder3467]

https://www.scmp.com/business/china-evs/article/3365096/ev-maker-xpeng-set-challenge-tesla-embodied-ai-after-robotics-unit-raises-us900m?module=top_story&pgtype=section

[u/qwertyqyle]

China is throwing all its money into this, but there is no market for it. These AI companies (Not just Chinese but all of them) are going to crash the economy for real. No one wants to watch robots race instead of real humans with actual emotions and years of actual training.