XIRRA raises hundreds of millions of yuan to build a physics model for robots
Founded in July by former Huawei Cloud large-model CTO Li Yin, XIRRA says it is valued at $500 million after seed and angel financing.
By RuntimeWire Staff · Published
Primary source: Jiemian News
Why it matters
XIRRA's $500 million company-stated valuation rests on a bet that Li Yin can turn large-model training experience into robot intelligence that works across tasks and machines. The financing funds that test; it does not settle it.
Li Yin's XIRRA has completed seed and angel rounds totaling several hundred million yuan, according to financing details reported by Jiemian News on September 23rd. Founded in July by the former Huawei Cloud large-model CTO, XIRRA is based in Shenzhen and says it is valued at $500 million. Neither the precise amount raised nor the basis for that valuation was given.…
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