Chinese AI chipmaker MetaX takes stake in robotics firm Zeno

Chinese AI chip manufacturer MetaX Digital Intelligence (Shanghai) Technology has acquired a stake in Hangzhou Zeno Future Technology, an affiliate of Zeno Robotics. The acquisition was noted through a recent change in the company's registration details.

Zeno Future Technology is described as a physical intelligence company focused on developing reliable robotic systems. The company's registered capital increased to 1.3 million yuan (approximately US$188,000) following the registration change, though the specific investment amount was not disclosed.

This move by MetaX, a key player in China's AI chip industry, signals an expansion into the robotics and physical intelligence domain. It aligns with broader industry trends examining the integration of advanced AI in physical systems.

The development occurs as analysts observe China's increasing focus on embodied AI, a key component of its expanding robotics sector. MetaX's investment suggests a strategic alignment with these national industrial ambitions.