Alibaba leads $100 million investment in Chinese humanoid robot startup
1. Alibaba Cloud leads $100 million investment in humanoid startup X Square Robot. 2. X Square Robot's total funding reaches approximately $280 million since its launch. 3. The startup plans to offer robots at competitive prices, aiming for $10,000. 4. X Square Robot anticipates 'robotic butlers' within five years, integrating AI advancements. 5. The company is preparing for an IPO next year while generating early revenues.