AI hardware start-ups get fresh boost in Shenzhen with launch of US$1 billion funds
China's southern technology hub of Shenzhen is ramping up support for hardware powered by
artificial intelligence (AI) , unveiling two new investment funds totalling 7 billion yuan (US$1 billion) to back start-ups in robotics and other smart devices.
The funds – a 5 billion yuan vehicle and a separate 2 billion yuan pool – were announced on Thursday at the opening of the Global AI Terminal Expo 2025, a three-day event drawing more than 300 smart hardware exhibitors, according to the organisers. The expo is hosted by the Shenzhen Artificial Intelligence Association and the city's Convention and Exhibition Centre Management, with support from the municipal Industry and Information Technology Bureau and the Shenzhen Artificial Intelligence Industry Office.
The event showcased the latest in Chinese AI and robotics innovation.
Huawei Technologies exhibited its first
foldable tablet running HarmonyOS , the company's in-house operating system developed after losing access to Google services on mobile and, later, Microsoft Windows. Huawei began presales of the device on Monday, with shipments set to start on June 6.
Attendees at the Global AI Device Expo in Shenzhen try Huawei's new foldable tablet. Photo: Coco Feng
UBTech Robotics, a Hong Kong-listed humanoid robot maker, introduced Meng UU – a palm-sized doll with embedded AI that enables it to interact with users. EngineAI, a Shenzhen-based robotics developer whose humanoid robot became the world's
first to complete a front flip in February, unveiled its inaugural quadruped robot, expanding beyond its previous focus on bipedal machines.
The event also marked the launch of the Shenzhen AI Glasses Industry Alliance, reflecting growing industry hopes that AI-powered eyewear could become the next must-have consumer device after smartphones. As part of its new Project Aura,
Google recently tapped Chinese
augmented-reality (AR) glasses maker
XReal as a partner
Among other highlights, TCL-owned AR glasses maker RayNeo exhibited its upcoming X3 Pro AR and AI glasses, set to launch later this month. RayNeo is China's largest AR eyewear brand, capturing 50 per cent of the domestic market in the first quarter, according to market intelligence firm Runto.
Meta-Bounds – a Chinese smart glasses start-up that has supplied its tech to
Oppo
Lenovo and SoftBank-backed ThinkAR – also demonstrated a prototype weighing less than 35 grams.
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