Chinese venture capital veteran Allen Zhu questions humanoid robots’ commercial value

Quick Summary:

Zhu, who famously backed Didi Chuxing and RedNote, says early-stage venture capitalists should steer away from the embodied-AI sector.

In March last year, Zhu said he would steer clear of Chinese large-language-model developers, but expressed optimism about AI applications.

Known for his early investments in Chinese internet companies, including ride-hailing platform Didi Chuxing and social media platform RedNote, Zhu has been relatively restrained when it comes to funding AI start-ups.

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Article Details

Author / Journalist: Xinmei Shen

Category: Business

Markets: Hong KongChina

Topics: Ventures Humanoid Been Commercial Venture Early-stage Chinese Investments Last Robots Embodied

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 17:00:16 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 199 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27468842

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