A heavily funded artificial intelligence robotics startup in China has completed a massive series of financing rounds, exposing how state-guided capital is flooding the country’s automated manufacturing sector to force what looks like artificial corporate growth. The startup, Stardust Intelligence, secured over 1 billion yuan, or roughly US$138 million, in its latest Series B funding blitz. The rapid capital injection, achieved through three successive rounds in just three months, artificially propelled the firm’s valuation past the 10-billion-yuan threshold, minting yet another government-blessed “unicorn” within China’s tech ecosystem. Stardust specializes in cable-driven AI robotics, a hardware-heavy approach designed to manipulate objects…
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