Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation

Xpeng shares slid after weak delivery guidance, even as its nascent robotics business secured a valuation nearly matching that of its core EV business.

Chinese electric vehicle (EV) maker Xpeng has secured US$900 billion in funding from high-profile investors including Alibaba Group Holding and IDG Capital to spur its robotics unit, despite a widening second-quarter loss. Dogotix, a subsidiary of Xpeng, raised US$900 million in the latest round of financing, which val

Xpeng's robotics unit valued at over $6.3 billion after record funding round  Reuters

Medicare advantage Patrick T. Fallon / AFP via Getty Images Healthcare startup Devoted Health is raising a new round of funding. The round could value the healthcare company at $25 billion. Devoted Health was founded by brothers and former healthcare executives Ed and Todd Park Devoted Health is the latest startup to

Without drastic interventions, data centers in space could disrupt scientific observations and fragile ecosystems by adding almost innumerable new “stars” to the heavens above

Skip to content What’s mined is yours The yeetcycling math resembles asteroid mining in reverse. Credit: Aurich Lawson | Getty Images Credit: Aurich Lawson | Getty Images Elon Musk’s talk about maintaining a million-strong AI data center satellite megaconstellation may not exactly be practical or economical, but it mig