Cloud Factory Technology Expands AI Capabilities with Major Robot Acquisition
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Cloud Factory Technology Holdings Limited (HK:2512) has announced a significant acquisition of 5,000 quadruped robots from Star Plus IP (HK) Limited for USD 15 million. This move is part of the company's strategy to enhance its AI and edge computing capabilities, thereby expanding its market position and offering comprehensive solutions. The latest analyst rating for HK:2512 is a Hold with a price target of HK$4.00. The company focuses on integrating edge computing with AI, providing services like AI model simulation and low-latency network scheduling.
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