Xpeng Advances AI and Expansion Plans

Chinese company Xpeng has unveiled a remarkably advanced humanoid robot, sparking intrigue with its lifelike movements, leading engineers to open it up to prove no human was inside. Xpeng's CEO promotes a 'physical AI' vision, emphasizing upcoming robotaxi trials. The company, a competitor to Tesla, has recruited Morgan Stanley and JPMorgan to assist in preparing its Aeroht division for a Hong Kong stock market listing.