Product updates AI industry
MetaX-UBTech Embodied-AI Chip JV Xixuan Chuangzhi Reportedly Raises RMB 500M Angel Round
According to IT Home, Media reports say Xixuan Chuangzhi, an embodied-AI edge computing joint venture founded in May 2026 by GPU maker MetaX and humanoid robot firm UBTech, closed a RMB 500 million angel round led by GGV Capital and Matrix Partners China. Funds are reportedly earmarked for core chip and computing platform R&D, software toolchains, hiring, and joint validation with robot makers toward mass production.