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XPENG IRON humanoid robot draws record physical AI funding

XPENG’s physical AI unit has secured over $900 million at a $6.3 billion valuation to scale its IRON humanoid robot platform. The Chinese electric vehicle maker announced the funding round for its robotics business through a set of share purchase agreements with multiple investors. XPENG says the deal represents the largest single-round private capital raise […] The post XPENG IRON humanoid robot draws record physical AI funding appeared first on AI News.

Humanoid Robot Physical AI XPENG
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The DOJ is investigating a16z. What does this mean for venture capital?

Andreessen Horowitz has two partners sitting on the boards of companies that now compete with each other: Ben Horowitz at Databricks and Martin Casado at Fivetran. Nothing too scandalous on the surface, except the Department of Justice has reportedly been investigating the arrangement for almost a year, dusting off a 112-year-old antitrust law that’s rarely used against VCs.  Board conflicts aren’t&#

DOJ investigation antitrust a16z
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