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Nvidia Alum Bets on China Robotics for $150M Debut
Bloomberg Tech·
Manycore Tech Inc., founded by a former Nvidia executive, is pivoting from real estate software to robotics and artificial intelligence. The company aims to capitalize on China's growing demand for automation and AI-driven solutions. This strategic shift follows a period of rapid growth in the real estate tech sector, with Manycore now seeking to replicate its success in the burgeoning robotics market. The company has already secured significant funding, signaling strong investor confidence in its new direction and the potential of AI in industrial applications.
Tags
ai
funding
robotics
Original Source
Bloomberg Tech — bloomberg.com