李根 衡宇 发自 凹非寺 量子位 | 公众号 QbitAI "让天下没有难落地的机器人。" 在这样解释定位和使命后，量子位大概感受到了逐际动力被投资的原因—— 至少是成为阿里第一个具身智能投资项目的原因。 实际上，之前更多的时候， 逐际动力创始人张巍 更倾向于用"英伟达"来类比，因为英伟达提供了一个底层平台，可以让游戏、汽车、机器人 等等不同领域的创新，成为可能。 逐际动力的创办和发展，也希望成为这样的平台——提供机器人平台，然后各个领域的开发者可以进一步打造应用方案和产品。 张巍说，"人形机器人的本体硬件制造非常容易，比造飞机、造汽车都要容易。" 真正阻碍机器人落地的是——大脑，而如何让机器人控得很好 ——是 小脑AI化的能力 。 这也是逐际动力之前一直押注和突破的方向，而现在，向来低调的教授张巍，觉得如果要在"百具大战"中让更多人更清晰认知逐际动力，那是 时候高调又明确地自我介绍： 逐际动力，小脑能力全球领先。 接下来的路线和目标也已经被明确： 而终点就是" 让天下没有难落地的机器人 "。 先把双足人形做到好用，功能丰富、运动流畅； 再让它易编程，用自然语言就能调用动作； 最终长出生态，形成具身智能的Ag ...

Core Insights - The field of embodied intelligence and robotics has become one of the hottest investment sectors in 2023, with significant interest from top investment firms and tech giants, leading to rapid valuation increases [1][5] - Investment events in the embodied intelligence and robotics sector reached 114 in the first five months of 2025, surpassing the total of 77 events in 2024, with total financing amounting to 232 billion yuan, exceeding the 209 billion yuan from the entirety of 2024 [1] - There are ongoing debates regarding the commercialization challenges within the robotics industry, with some investors expressing skepticism about the sustainability of high valuations [1][5] Investment Trends - Lenovo Ventures has been actively investing in the robotics sector for several years, focusing on various types of robots, including humanoid, multi-modal bipedal, medical, and industrial robots [2][9] - The firm acknowledges the presence of valuation bubbles in both primary and secondary markets, emphasizing that true business commercialization is necessary to address these bubbles over the next one to two years [5][7] Market Opportunities - The market for new scenarios in embodied intelligence is viewed as potentially vast, with estimates suggesting it could reach trillions or even tens of trillions in value [7][11] - Companies that have been in the robotics field for years are beginning to see the benefits of their investments as they expand into new applications and markets [7][11] Future Outlook - The next two to three years are expected to be crucial for companies in the embodied intelligence sector to demonstrate commercially viable products in controlled environments [11][12] - There is optimism about the potential for embodied intelligence to significantly reduce costs and improve efficiency across various industries, although the exact market share it will capture remains uncertain [12]