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China’s PsiBot Reaches US$1.48 Billion Valuation as Embodied AI Investment Accelerates

Shanghai, 23 July 2026 – Chinese artificial intelligence startup PsiBot is raising close to US$100 million at a valuation of approximately US$1.48 billion, joining the expanding group of technology unicorns attracting capital into embodied AI, robotics and machine-learning systems designed to understand the physical world. 

Also known as Lingchu Intelligence, the Shanghai-based company is nearing completion of a financing round led by Chinese automaker Chery Automobile, with participation from other strategic investors connected to sensors, electronics and advanced manufacturing.

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  • Steven is a writer focused on science and technology, with a keen eye on artificial intelligence, emerging software trends, and the innovations shaping our digital future.

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