Chinese AI Startup Backed By Meituan, Liao

Chinese AI Startup Backed By Meituan, Liao

Flexiv is a Chinese AI startup backed by Meituan,Liao and Techcrunch. The company has received $100 million in series A funding. It is one of the most ambitious Chinese AI startups, aiming to develop autonomous robots that can learn through experience and make decisions quickly. Using deep learning models and algorithms, they intend to create robots that can interact with humans and can be used in a variety of applications.

Background of Flexiv

Flexiv was founded in 2017 by Qingkai Hu, a former Microsoft Research engineer, and two other researchers, Danima Cheng and Liao Ruihai. It is headquartered in Beijing and is supported by major investors including China-based Meituan and Liao, and venture capital firm TechCrunch.

The Goal of Flexiv

Flexiv’s goal is to “transform the world through intelligent robotics”. The company has developed a range of technologies designed to unlock the potential of robots and autonomous systems. Their vision is to develop robots that interact with humans, understand their environment and make decisions quickly. They believe that these robots can be used in a variety of applications, such as manufacturing, logistics, healthcare and retail.

The Technology Behind Flexiv

To achieve its goal, Flexiv has developed several Technologies. They include a platform for rapid iteration and development of robotic applications, an AI engine designed to enable autonomous robots to learn through experience, and an AI simulator designed to allow robots to interact with humans.

Platform for Rapid Iteration and Development

Flexiv’s platform for rapid iteration and development is a powerful tool for developing applications for robots. It includes a powerful library of APIs, along with tools for data processing, vision recognition, navigation, and other tasks. It allows developers to quickly develop and test applications on a variety of robots.

AI Engine

Flexiv’s AI engine is designed to enable autonomous robots to learn from experience and make decisions quickly. It combines several techniques, including deep learning, reinforcement learning, and supervised learning. It is designed to continuously improve over time and develop more sophisticated applications.

AI Simulator

The AI simulator is designed to allow robots to interact with humans. It provides a virtual environment, where robots can interact with objects and humans in a simulated environment. This allows robots to learn, while avoiding any potential risk or damage.

Investments and Future Plans

Flexiv has received $100 million in series A funding from investors Meituan, Liao, TechCrunch and others. The company plans to use the funds to expand its technology and research, increase its team and scale its business. In the future, they plan to develop a range of products and services to expand their reach into various applications.

Conclusion

Flexiv is an ambitious Chinese AI startup backed by Meituan, Liao and TechCrunch. The company plans to use the $100 million in series A funding to develop autonomous robots that can learn through experience, interact with humans and make decisions quickly. To do this, they have developed a platform for rapid iteration and development, an AI engine, and an AI simulator. This technology has the potential to transform the robotics industry and create powerful, autonomous robots.

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