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Zhicheng AI completes funding of hundreds of millions of yuan, with state-owned capital jointly betting on JEPA physical world model
Zhicheng AI announced the completion of a funding round of hundreds of millions of yuan, jointly invested by Hangzhou Capital, Fuzhe Technology, Caitong Capital, and Linglan Capital; the funds will be used for embodied intelligence and world model R&D and commercialization. The company was founded in March 2024 by Hu Luhui, former chief engineering lead at Meta. Its Chengling physical world model adopts the JEPA architecture, and version 0.1 was open-sourced under the MIT license in May 2026. The XR1 composite wheeled industrial robot has entered real production line operations at NIO's factory, while cooperation with Volkswagen remains in the scenario testing stage at the final assembly section.
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