Physical AI Competition Shifts from "Building Bodies" to "Laying Infrastructure" (opens in new tab)

Gasgoo Munich-Three months, three rounds, over 2 billion yuan — that is the fundraising scorecard Lightwheel AI‌ posted for the first half of 2026.The latest announcement came on June 23: a 1 billion yuan strategic round. Investors included government funds like the Zhongguancun Science City Fund and the Sichuan Development Science and Technology Innovation Fund, alongside industrial capital from Giant Interactive, Yusys Technologies, and Boton Technology.At the same time, Lightwheel AI‌ has ...