Cheetah Mobile Amplifies Investment in Robotics with Beijing OrionStar

BEIJING, Jan. 12, 2024 /PRNewswire/ -- In a strategic move to expand its foothold in the technological arena, Cheetah Mobile Inc. CMCM, a renowned Internet company with global operations, has announced a significant increase in its investment in Beijing OrionStar, a leading robotics company also based in the People's Republic of China. This synergy promises to leverage the innovative capabilities of both companies to create groundbreaking products and services.

The Investment Significance

Cheetah Mobile Inc. is making headway into the world of robotics by bolstering its partnership with Beijing OrionStar. The collaboration is aligned with Cheetah Mobile's strategy to diversify beyond its core business of mobile apps. The investment is poised to accelerate technological advancements and product development, harnessing OrionStar's pioneering expertise in artificial intelligence and robotics.

Impact on Cheetah Mobile

The fresh capital influx into Beijing OrionStar is indicative of Cheetah Mobile's commitment to remaining at the forefront of innovation. Having established a robust presence in markets across China, the United States, and internationally, the company, headquartered in Beijing, is looking to leverage this partnership to expand its technological repertoire and explore new opportunities for growth within the AI and robotics sectors.

Cheetah, OrionStar, Investment