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Ant Group’s R1 Robot: China’s Fintech Enters Robotics Market

by Lucas Fernandez – World Editor

Ant Group Enters ​Robotics Race with R1 Humanoid ⁣Robot

Shanghai, China – Ant Group, the ​financial technology giant affiliated with Alibaba, has thrown its hat into the increasingly crowded robotics arena with⁢ the‌ unveiling of ⁤its first humanoid⁣ robot, the‌ R1. The debut, made at the Inclusion Conference in Shanghai⁤ on Thursday, signals a​ significant push by the company into “embodied ​artificial intelligence” – ​essentially, ‌bringing ‍AI into the physical world.

The R1, developed⁣ by Ant’s newly formed ‌robotics division, Ant lingbo Technology (also‍ known as Robbyant), is a wheeled, two-armed humanoid designed for practical applications. During the conference, one R1 was on display while another demonstrated its capabilities in a mock kitchen setting, skillfully adding ingredients to a‍ wok.

According to⁤ Ant⁣ Group, the first-generation R1 weighs 110kg and stands between 1.6 and 1.75 ​meters tall. It can move at speeds under 1.5 meters per second and boasts⁢ 34 degrees of freedom, allowing for​ a versatile ‍range of motion. The company envisions the⁣ R1 performing ⁣tasks such as acting as a chef, providing guided tours, or executing​ remotely controlled operations.

notably, ⁣the⁤ R1 is already in production and has begun shipping⁣ to clients, including the Shanghai History ⁤Museum.However, Ant‌ Group isn’t planning‍ to ​sell the R1 ‌as a standalone product. Instead, the robots will be offered as part‌ of comprehensive‍ “scenario ​solutions,” ⁣tailored to specific client needs. A second-generation model is ⁤already in growth,suggesting​ a commitment to rapid iteration and improvement.

Ant ⁤Lingbo Technology was⁤ established‍ in Shanghai at the close ⁢of 2024 and officially launched in March,‍ with strong support from local⁤ officials and Ant Group​ leadership, including ‍Chairman Eric Jing Xiandong and CEO Cyril Han Xinyi. A further subsidiary was opened in Hangzhou⁣ in August.

“We are ​newcomers to this field, focusing ‍on developing intelligence,” stated ‍Zhu Xing, CEO of Robbyant. “Ant Group has consistently invested‍ in⁣ life services – encompassing⁣ public welfare, healthcare, and finance. Robbyant‍ aims to leverage embodied intelligence to seamlessly extend Ant’s digital services into ⁣the physical world, creating more impactful and accessible solutions.”

The​ launch positions⁤ Ant Group as a new competitor alongside​ established robotics firms like‍ Unitree⁤ Robotics, ⁢intensifying the race to develop practical and commercially viable humanoid robots.This move underscores⁤ the growing belief that embodied AI will play a crucial ⁤role in the future of technology and service industries.

Keywords: Ant group, Robotics, Humanoid Robot, AI,​ Artificial Intelligence,⁤ R1, Ant Lingbo ⁤Technology, Unitree ⁢robotics, Shanghai, Technology News, Fintech, Alibaba.

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