Hello Robotaxi receives strategic investment from Alibaba; both parties will collaborate to build intelligent driving models and computing power platforms
Hello announced on September 17th that its Robotaxi business has received a strategic investment from Alibaba Group. This investment marks the further deepening of the two parties' comprehensive cooperation in areas such as intelligent driving big models, computing platforms, and Robotaxi, building on their previous collaboration, and jointly accelerating the commercialization and scale-up of the Robotaxi industry. Going forward, the two parties will collaborate comprehensively based on the actual operational scenarios and needs of Robotaxi to develop extremely low-cost, highly safe, highly reliable, and highly available intelligent driving technology, accelerate the commercialization of Robotaxi, and jointly create an industry-leading product. The two parties will jointly build foundational big models for vision, speech, and language, as well as specialized models for vertical fields such as intelligent cockpits. They will also jointly explore innovative applications of cutting-edge technologies such as world models in the field of autonomous driving.