Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field. The company has opened positions related to humanoid robot systems and applications through its subsidiary, Shanghai Ant Lingbo Technology, which was established at the end of 2024 with registered capital of 100 million yuan ($13.73 million), according to a local media report confirmed by an Ant spokesperson. Humanoid robots, which are designed to resemble humans in shape and movement, have become a hot investment area in China, attracting interest from both large corporations and startups across various sectors, including technology, electric vehicles, and manufacturing. The Chinese government has identified humanoid robots as one of the “new productive forces” that Beijing seeks to drive the country’s economic growth and compete with the United States for technological leadership. Some prominent Chinese humanoid robot companies have gained recognition, including UBTech and Unitree. Unitree has captured attention for its products’ impressive capabilities, such as walking, climbing, and carrying loads.

Full report : Ant Group enters China’s growing humanoid robot industry amid rising tech interest.