
The Arena
Ex-Li Auto execs raise nine figures for a robot foundation model
Robot brains and AI infrastructure drew the money this hour: a Chinese embodied-model lab run by two of Li Auto's most senior AI executives closed a nine-figure angel round, and one of OpenAI's most visible former leaders resurfaced on the board of a data-center company heading for an IPO. Xieyue Intelligence has raised several hundred million yuan in an angel-plus round, announced September 12, with Linear Capital, Junshan Capital, Hongyi Capital and Yinshan Capital participating. The Hangzhou










