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Ant Group enters AI robotics sector to build China’s humanoid workforce

Ant Group, a Chinese fintech giant and affiliate of Alibaba, has entered the AI robotics sector to develop humanoid robots. The company is hiring for roles focused on "embodied intelligence," aiming to create both the "brains" and "bodies" of these robots. Ant plans to invest in AI, with founder Jack Ma emphasizing the transformative potential of the technology. The company established Shanghai Mayi Lingbo Technology in December 2023, with a registered capital of 100 million yuan, to focus on the research and development of embodied-intelligence technology and products.
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