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Ambani-Backed Addverb Bags Bold $100 Mn China Challenge

Quick Take Reliance-backed Addverb Technologies is raising over $100 Mn (Rs 836 Cr) to build humanoid and quadruped robots. This is Addverb's first major raise since Reliance's $132 Mn deal for a 54% stake in 2021. Funds target AI training, proprietary lidar, and a global top-10 robotics rank within five years. In This Article Deal…