Jun 4th, 2025

EngineAI Targets $1 Billion Valuation: Co-founder Ren

Chinese startup EngineAI is planning a new round of financing later this year, targeting a $1 billion valuation as it seeks to join the global race to develop humanoid robots. Speaking with Bloomberg TV's Annabelle Droulers, Co-founder Ren Guowen discussed the latest capabilities of EngineAI’s humanoid robots, current production progress, fundraising plans, and the impact of US-China tensions.