Chinese robotics startup EngineAI raises $200M Series B to scale robotics and AI
- EngineAI completed a $200M Series B co-led by Henan Investment Group and Luxshare Precision.
- Funding will accelerate commercial robotics deployments and integrated AI controls across manufacturing.
- Signals continued large-ticket private funding into AI‑powered robotics in Greater China region.
Tech in Asia · 2026-04-10
China's ShengShu raises $293M to advance artificial general intelligence
- ShengShu Technology closed a 2 billion yuan (~$292.6M) round led by Alibaba Cloud to accelerate AGI research.
- The funding underscores continued large-scale capital flows into Chinese foundational-model developers.
- Implications for global AI competition: more compute and research capacity originating from China in 2026.
The Economic Times · 2026-04-10
JV to build world’s largest single‑cell protein plant in Saudi Arabia announced
- A joint venture will construct a single‑cell protein facility in Saudi Arabia using natural gas feedstock; project framed as food security and industrial tech.
- The plant will be among largest industrial biotech deployments in the region — potential for local advanced manufacturing jobs and digital process controls.
- Project links energy, petrochemical feedstocks and industrial biotech; watch for downstream AI/automation integration in process control.
The Engineer · 2026-04-10