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00:02Ace Robotics chairman Wang Xiaogang expects humanoid robot intelligence to reach a chat
00:07GPT moment by the end of 2027, driven by world models and environmental data collection,
00:13according to Reuters. Wang said broad commercial adoption could take another four to five years
00:18after that breakthrough. Ace, backed by Ant Group and SenseTime, has raised more than $100 million
00:23this year and plans an IPO as early as permitted. The company is rapidly expanding real-world
00:29training data collection and expects to accumulate tens of millions of hours within two years.
00:33AC is deploying its embodied AI models in retail, hotels, and delivery warehouses and plans to reach
00:40at least 1,000 stores over the next year and 10,000 within two years.
00:44For all things money, visit Benzinga.com.
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