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FINWIRES

Shoucheng Unit Invests in Robotics Firm TARS

-- Shoucheng (HKG:0697) said a fund managed by its unit has invested in Shanghai TARS Robotics, according to a Thursday Hong Kong bourse filing.

The investment will support TARS in technology development, product upgrades, and talent expansion.

TARS focuses on embodied artificial intelligence and has developed capabilities in full-stack AI deployment and general-purpose embodied models with industrial applications, the filing said.

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