Sep 24, 2025 03:34 PM (GMT+8) · EqualOcean
According to a Bloomberg report, robot company 1X Technologies — backed by OpenAI — is seeking up to USD 1 billion in new funding, targeting a valuation of at least USD 10 billion, surging more than twelvefold from its USD 820 million valuation in January.Founded in 2014, 1X initially focused on humanoid robot development. After OpenAI’s investment in 2023, it quickly rose to prominence and attracted backers including Tiger Global and Samsung NEXT. This year, the company launched its home robot Neo Gamma, and collaborated with NVIDIA. It gained widespread attention for the viral moment where a robot “delivered a jacket” to Jensen Huang. Currently, 1X plans to conduct tests in hundreds to thousands of homes, and has relocated its headquarters to Palo Alto, California.

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