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AI Group, a wholly owned subsidiary of Guohua (00370), has signed a cooperation agreement with CloudMinds (Danta) to restructure Hong Kong Robotics into a joint venture for humanoid robot business in Hong Kong and overseas. AI Group will hold 51% and CloudMinds 49%. The JV plans to raise $100 million in 2025 and $200 million in 2026 for R&D.
“AI集团与达闼订立合作协议,内容有关通过重组在香港成立一间合资公司(即香港仔机器人),以于香港及海外发展与人形机器人智能技术及产品有关的业务营运。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.