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Today's Brief/Monday, 6 July 2026/๐Ÿ“ˆ Stocks & Economy
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Ant Group Bets Big on Humanoid Robots With 12 Deals in 18 Months

CNBCยทMonday, 6 July 2026
Ant Group Bets Big on Humanoid Robots With 12 Deals in 18 Months

Ant Group, the financial technology affiliate of Alibaba, has made a dozen deals in the humanoid robotics space over the past 18 months. Its latest move is leading a 500 million yuan ($73.59 million) funding round in a humanoid robotics startup called Zeroth. The rapid pace of investment signals that Chinese tech giants are making a serious push into physical AI.

Why It Matters

China's aggressive move into humanoid robotics signals where the next wave of automation and manufacturing disruption is heading โ€” a trend that will affect global labor markets, including in India's manufacturing sector.

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