Xinhua Headlines: Chinese startups embrace new opportunities for high-quality development

BEIJING, Oct. 12 (Xinhua) -- Founded here in May 2023, Galbot is a cutting-edge startup building robot with embodied artificial general intelligence. In just over a year, it has developed a globally leading grasping technology with a 95-percent success rate for objects of any material and stacking configuration.

Venture capital (VC) has significantly supported Galbot's rapid development. As of June, the company