温馨提示 ： 点击下方图片，查看运营团队最新原创报告（共235页） 说明： 欢迎约稿、刊例合作、行业交流 ， 行业交流记得先加入 "机器人头条"知识星球 ，后添加（ 微信号：lietou100w ）微信； 若有侵权、改稿请联系编辑运营（微信：li_sir_2020）； —— 正文： 具身智能大火至今，全球大厂入局具身智能赛道典型代表：[英伟达]和[特斯拉]；国内代表[华为]和[小鹏汽车]，其中，华为有意沿袭[英伟达]路线，打造底层开发生态， 成为具身智能领域当之无愧最强"卖铲人； [小鹏汽车]作为车企，沿袭[特斯拉]路线，并有望率先实现人形机器人商业化量产的国内车企。 2025年以来，以汽车主机厂为代表的产业派和互联网、电子商务、消费电子等为代表科技大厂以"自研+投资"双路径入局具身智能赛道， 多家大厂迎来投资首秀，腾讯 于3月领投 [智元机器人] B轮系列融资、 华为于4月通过旗下投资公司[哈勃投资]投资[ 千寻智能 ]、京东集团 于5月领投 [智元机器人]B+轮融资、滴滴于7月领投[ 小雨智 造 ]约亿元新一轮融资分别完成本波具身智能浪潮的投资首秀；其他早已投资入局的科技大厂也在今年进一步加码， 而美团则 ...

Core Viewpoint - The article discusses the rapid development and investment in the field of embodied intelligence, highlighting key players in both global and domestic markets, including Nvidia, Tesla, Huawei, and XPeng Motors, and their strategies for entering this sector [2][3]. Investment Landscape - Since 2025, major automotive manufacturers and tech giants have entered the embodied intelligence arena through a dual approach of self-research and investment. Notable investments include Tencent leading a Series B round for Zhiyuan Robotics, Huawei investing in Qianxun Intelligent, and JD Group leading multiple funding rounds for various robotics companies [3][4]. - JD Group has been particularly active, utilizing a combination of investment, self-research, and ecosystem development to penetrate the embodied intelligence market. They have led significant funding rounds for companies like Zhiyuan Robotics and Qianxun Intelligent, covering the entire human-robot industry chain [4][11]. Technological Development - JD Group has established an internal team focused on embodied intelligence and launched the "JoyInside" platform, which integrates their large model capabilities into various hardware devices, creating a comprehensive ecosystem [4][9]. - The company has announced an upgrade to its language model, now called JoyAI, which will expand its capabilities beyond language to include multimodal functionalities [7][9]. Market Strategy - JD Group has committed over 10 billion resources to accelerate the smart robot industry, aiming to help 100 brands achieve over 1 billion in sales within three years [11][13]. - The company has initiated the "E-Town Robot Consumption Festival" to promote various types of robots, showcasing a wide range of products to online consumers [13]. Competitive Landscape - Other tech giants are also entering the embodied intelligence sector through various strategies, including investment, ecosystem development, and self-research, indicating a competitive and rapidly evolving market [16][22].

Core Viewpoint - The article discusses the rapid advancements and competitive landscape in the field of embodied intelligence, highlighting the aggressive strategies of major internet companies like Tencent and JD.com in this emerging sector [5][15]. Group 1: Industry Trends - The WAIC (World Artificial Intelligence Conference) showcased a significant increase in the number of robotic exhibits, from 18 last year to over 90 this year, indicating a growing interest in embodied intelligence [6]. - The competition in embodied intelligence is intensifying, with major players like Tencent and JD.com positioning themselves as software platform providers rather than direct manufacturers of robots [13][15]. Group 2: JD.com's Strategy - JD.com aims to penetrate deeper into the robotics sector, not just as a sales channel but also by enhancing human-robot interaction capabilities through its JoyInside platform [18][20]. - The JoyInside platform integrates various multimodal capabilities, allowing for features like proactive dialogue and emotional detection, which are essential for modern consumer expectations of robots [21][22]. - JD.com reported a significant increase in sales, with its self-operated intelligent robots seeing a threefold increase during the "618" shopping festival, and embodied intelligent robot sales growing 17 times [24]. Group 3: Tencent's Approach - Tencent's Robotics X lab has developed various robotic prototypes but focuses primarily on software solutions, launching the Tairos platform to provide development capabilities for robot manufacturers [28][29]. - The Tairos platform includes a model algorithm and cloud service, aiming to address the challenges in deploying embodied intelligence from model training to real-world application [30][33]. - Tencent emphasizes a modular approach, allowing manufacturers to select specific capabilities based on their strengths, while maintaining a neutral platform to foster industry growth [39].

Group 1 - The WAIC (World Artificial Intelligence Conference) showcased a significant increase in the number of exhibiting humanoid robots, from 18 last year to over 90 this year, indicating a growing interest in embodied intelligence [1] - Tencent and JD.com are both entering the embodied intelligence sector, with Tencent's Robotics X lab head announcing Tencent's intention to become a partner for robot manufacturers [1][3] - JD.com launched its AI business brand "JoyAI" during WAIC and has made multiple investments in embodied intelligence companies, emphasizing the importance of branding their investments [3][4] Group 2 - Both Tencent and JD.com plan to act as software platforms rather than directly manufacturing robots, focusing on integrating their existing technological capabilities into robotic applications [4][5] - The competition for clients in the embodied intelligence sector is intensifying, as both companies aim to capitalize on the growing demand for AI capabilities in robotics [6] - JD.com aims to enhance human-robot interaction capabilities and has introduced the "JoyInside" platform, which leverages extensive data from its customer service and digital interactions [8][10] Group 3 - Tencent introduced the "Tairos" platform, which provides software development capabilities for robot manufacturers, focusing on model algorithms and cloud services [13][14] - The Tairos platform includes three types of large models: planning, perception, and action, aimed at addressing the challenges in deploying embodied intelligence [14][16] - Tencent emphasizes a modular approach, allowing manufacturers to select specific capabilities based on their strengths, while maintaining a neutral platform to foster industry growth [18]

Core Insights - The WAIC (World Artificial Intelligence Conference) showcased a significant increase in the presence of embodied intelligence, with over 90 different robots exhibited compared to only 18 last year [1] - Major Chinese tech companies, including Tencent and JD.com, are actively entering the embodied intelligence sector, focusing on software platforms rather than directly manufacturing robots [6][8] Tencent's Strategy - Tencent's Robotics X lab head, Zhang Zhengyou, announced the company's intention to become a partner for robot manufacturers, emphasizing software development over hardware [2] - Tencent introduced the Tairos platform, which provides software development capabilities for robot manufacturers, focusing on model algorithms and cloud services [14][15] - The Tairos platform includes a three-part model system aimed at enhancing robot capabilities in understanding and executing tasks [14][17] JD.com's Approach - JD.com launched its AI business brand "JoyAI" and has made multiple investments in embodied intelligence companies, aiming to enhance its role beyond just an e-commerce channel [4][9] - The company introduced the "JoyInside" platform, which aims to improve human-robot interaction capabilities through advanced model services [10][11] - JD.com reported a significant increase in sales of intelligent robots, with a 3x growth in self-operated sales and a 17x increase in embodied intelligent robot sales during the "618" shopping festival [13] Industry Trends - Both Tencent and JD.com are focusing on providing foundational infrastructure, such as models and computing power, to support the growth of the embodied intelligence sector [7] - The competition for clients in the embodied intelligence space is intensifying, with both companies positioning themselves as key players in the software and service domains [8]

Core Viewpoint - The competition in the field of embodied intelligence is intensifying among major internet companies, with JD.com and Meituan adopting distinct strategies to capture this emerging market [1][2]. Group 1: JD.com's Strategy - JD.com is implementing a vertical integration strategy, aiming to create a complete ecosystem from AI brain to robot body and scene implementation [3][5]. - The establishment of the "JoyInside" platform allows JD.com to combine its technological advantages with partners' hardware capabilities, forming a virtuous cycle of technology output, product sales, and data feedback [3][5]. - During the 618 shopping festival, sales of embodied intelligence robots on JD.com's platform increased by 17 times year-on-year, indicating the initial success of its systematic layout [3][4]. Group 2: Meituan's Strategy - Meituan is pursuing a broad investment strategy, having made eight investments in the field of embodied intelligence since 2024, including companies like Self-Variable Robotics and Galaxy General [7][8]. - This strategy aims for comprehensive coverage of "embodied brain + body," allowing Meituan to explore various technological routes and solutions [8][9]. - Meituan's extensive local service network, comprising 7 million delivery riders and 3.6 million merchants, positions embodied intelligence as a key tool for cost reduction and efficiency improvement [8][9]. Group 3: Competitive Dynamics - The competition between JD.com's vertical integration and Meituan's broad investment strategy is not a zero-sum game; both can learn from each other and coexist [10][13]. - JD.com's model allows for precise targeting in scene implementation, leveraging its supply chain and consumer electronics expertise to create a commercial closed loop [10][11]. - Meituan faces challenges in matching various technological routes with its business needs, requiring strong resource integration capabilities [11][12]. Group 4: Ecosystem Development - JD.com's vertical integration fosters a closed-loop ecosystem, enhancing its competitiveness and attracting more partners [12][13]. - Meituan's broad investment strategy necessitates building an open ecosystem, which requires coordination among various stakeholders to ensure stability and health [13][14]. - The competition in the embodied intelligence sector is expected to drive innovation and breakthroughs, benefiting society as a whole [15][16].

Core Viewpoint - The article discusses the competitive landscape in the embodied intelligence sector, highlighting recent investments by JD.com and Meituan in startups focused on this technology, indicating a growing interest and potential in the industry [3][4]. Investment Activities - JD.com has made significant investments in two embodied intelligence companies, Qianxun Intelligent and Zhongqing Robotics, following its previous investment in Zhiyuan Robotics [3][4]. - Qianxun Intelligent raised nearly 600 million CNY in a Pre-A+ round led by JD.com, with participation from various investment funds [3]. - Zhongqing Robotics completed nearly 1 billion CNY in two rounds of financing, with JD.com also leading the A1 round [3][5]. Company Profiles - Qianxun Intelligent focuses on embodied models and has developed the VLA (Vision-Language-Action) model "Spirit v1," capable of performing office tasks such as organizing desks and throwing away trash [4]. - Zhongqing Robotics emphasizes its capabilities in control systems, integrating traditional control techniques with reinforcement learning to develop humanoid robots [5]. Competitive Landscape - The investment strategies of JD.com and Meituan in the embodied intelligence sector are becoming more distinct, with Meituan focusing on "embodied brains" and JD.com investing in a broader range of robotics companies [6][7]. - JD.com has established a dedicated department for embodied intelligence and has recruited a vice president from SenseTime to lead this initiative [7]. Technological Development - JD.com launched the "JoyInside platform" aimed at enhancing human-robot interaction by integrating its AI capabilities with robotics manufacturers [8][9]. - The platform is designed to create AI systems with human-like conversational abilities, improving user experience in various scenarios [8][9].

Core Viewpoint - The article highlights the recent financing activities of two Shenzhen-based robotics companies, Zhongqing Robotics and Zhujidongli, both of which have received significant investments from major players like JD.com and other notable institutions, indicating a growing interest and competition in the robotics sector in China [1][2][8]. Financing Activities - Zhongqing Robotics completed nearly 1 billion yuan in Pre-A++ and A1 rounds of financing, with key investors including XPeng Motors and JD.com [1]. - Zhujidongli secured a new round of financing led by JD.com, although the specific amount was not disclosed [1]. - JD.com also invested nearly 600 million yuan in another robotics company, Qianxun Intelligent, indicating a strategic push into the robotics field [2]. Product Development - Zhongqing Robotics has launched three humanoid robot products: SA01 for research and education, SE01 as a full-size humanoid robot, and PM01 as a lightweight humanoid robot, along with a quadruped robot showcased in May [4]. - Zhujidongli has released the TRON 1 bipedal robot and plans to launch a full-size humanoid robot in the second half of the year [4]. Application Scenarios - Zhongqing Robotics plans to host a robot combat competition, akin to "WWE," starting in December, and has established partnerships with major companies like NVIDIA and Amazon for diverse applications [4][5]. - Zhujidongli is exploring large-scale applications of its TRON 1 robot in inspection, security, and delivery scenarios [5]. Technological Innovations - Zhongqing Robotics has overcome the Sim2Real technology challenge, creating a unique technical barrier that enhances robot performance in dynamic environments [5]. - Zhujidongli introduced the LimX VGM technology, which utilizes human operation video data for robot operation, emphasizing a multi-source data approach for innovation [5]. Strategic Directions - Zhongqing Robotics aims to accelerate its development pace, increasing production capacity by five times and enhancing R&D investment in embodied intelligence technology [6]. - Zhujidongli focuses on supporting innovation through its general-purpose platform, promoting technological advancements across various sectors [6]. Competitive Landscape - JD.com and Meituan are actively competing in the robotics investment space, with Meituan having invested in 30 robotics-related companies over the past three years [2][9]. - JD.com has established an internal team for embodied intelligence and launched the "JoyInside platform" to attract robotics manufacturers, integrating its AI capabilities into various robotic applications [10].

Group 1: Financing and Investment - Two Shenzhen-based robotics companies, Zhongqing Robotics and Zhujidongli, announced recent financing rounds, with Zhongqing raising nearly 1 billion yuan in Pre-A++ and A1 rounds, led by XPeng Motors and JD.com respectively [2][3] - Zhujidongli's latest financing round was strategically led by JD.com, although the specific amount was not disclosed [2][3] - JD.com has also invested in another robotics company, Qianxun Intelligent, which completed a nearly 600 million yuan Pre-A+ round [3] Group 2: Product Development and Offerings - Zhongqing Robotics has launched three humanoid robot products aimed at research and education, including the SA01, SE01, and PM01, and showcased its first quadruped robot, Leopard [2][3] - Zhujidongli has released the TRON 1 bipedal robot and plans to publicly sell a full-sized humanoid robot in the second half of the year [2][3] Group 3: Application and Technology - Zhongqing Robotics plans to host a robot combat competition, akin to "WWE," starting in December, and has formed partnerships with major industry players like NVIDIA and Amazon for diverse applications [4] - Zhujidongli is exploring large-scale applications of its TRON 1 robot in inspection, security, and delivery scenarios [4] - Zhongqing has achieved a technological breakthrough in Sim2Real, enhancing performance in dynamic actions [4][5] Group 4: Strategic Focus and Future Plans - Zhongqing aims to accelerate its development pace, increasing production capacity by five times and investing more in embodied intelligence technology [5][6] - Zhujidongli focuses on supporting innovation in various fields through its general-purpose robotics platform and plans to launch its full-sized humanoid robot soon [6] Group 5: Competitive Landscape - The competition between JD.com and Meituan has expanded into the robotics sector, with Meituan having invested in 30 robotics-related companies over the past three years [7][8] - JD.com is strategically building its capabilities in embodied intelligence, having established a dedicated team and launched the JoyInside platform to attract robotics manufacturers [8]