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Midea Invests $8.7 Billion in AI and Robotics Revolution

3/12/2026

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Summary

Story summary

Midea Group, owner of Kuka, announced a plan to invest 60 billion yuan (US$8.7 billion) in AI and robotics over the next three years.
The plan matches the company's total spending in the past five years and targets AI and embodied intelligence.
The announcement follows the Miro U humanoid robot introduction, which boosted production efficiency by 30% at a washing-machine factory in Wuxi, Jiangsu.

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Story summary

Midea Group, owner of Kuka, announced a plan to invest 60 billion yuan (US$8.7 billion) in AI and robotics over the next three years.
The plan matches the company's total spending in the past five years and targets AI and embodied intelligence.
The announcement follows the Miro U humanoid robot introduction, which boosted production efficiency by 30% at a washing-machine factory in Wuxi, Jiangsu.