Hyundai HT is showing strong performance. This is interpreted as highlighting the fact that OpenAI, the developer of the generative artificial intelligence (AI) ChatGPT, directly invested in a robotics company, and Hyundai HT has been promoting a smart home network construction project utilizing robots with the world's number one AI humanoid company.
As of 10:23 AM on the 28th, Hyundai HT is trading at 8,500 KRW, up 1.55% compared to the previous day.
According to industry sources, OpenAI's startup fund participated in the Series A2 investment of the Norway-based robotics company ‘1X’ on the 23rd. Founded in Norway in 2014, 1X is a company that manufactures humanoid robots. It started under the name Halodi Robotics and changed its name this year as part of a broad rebranding effort. Last year, it deployed its humanoid robot ‘EVE’ on a large scale in the United States, and plans to launch the android robot ‘NEO’ integrated with AI technology this summer.
This investment round was led by the OpenAI startup fund, with participation from venture capital Tiger Global and a consortium of Norwegian companies. Previously, OpenAI, along with partners including Microsoft (MS), established a $100 million startup fund to invest in early-stage AI companies. The total amount raised by OpenAI and other investors in this investment round is $23.5 million (approximately 30.5 billion KRW).
Meanwhile, Hyundai HT signed a business agreement last year with JM Robotics, the domestic partner of AI humanoid robotics company Ubtech Robotics, and U-Life Solutions to build a smart home network utilizing AI humanoid robots.
Accordingly, the three companies decided to proceed with the '2H Project (Home & Human),' a home network service development project based on AI robots using the AI robots supplied by JM Robotics. This cooperative relationship is believed to have increased expectations for Hyundai HT, leading to a surge in buying interest.
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