Ant Group's embodied intelligence company Lingbo Technology plans to raise 1.5 billion yuan in its first round of funding

According to a report by LatePost, Ant Group's embodied intelligence company Lingbo Technology has launched its first round of financing, aiming to raise 1.5 billion yuan, and is striving to complete a second round of financing by the end of this year. The report points out that Lingbo has currently formed a relatively complete layout in the brain chain related to robot perception, understanding, and action, covering areas such as vision, depth, mapping, video, world models, VA, and VLA, thus attracting the attention of several investment institutions before the financing launch.

The report states that funds in the embodied intelligence sector are currently accelerating towards the "embodied brain" direction. Ant Lingbo is seen as Ant Group's core vehicle in the fields of embodied and physical AI, and Ant will continue to provide support in areas such as AI infrastructure, data assets, and application scenarios. One of the core goals of this round of financing is to accelerate the development of Lingbo's embodied brain. The report also mentions that Lingbo's future valuation will depend on model generalization capabilities, real deployment and data flywheel, as well as whether it can grow into a global physical AI foundational model platform.