¥426B China Science Spike Forces Japanese CNC Buy for Robot Arms Race
TL;DR
* China’s 15th Five-Year Plan mandates military-civil fusion in robotics, AI, and quantum tech, directing 90% machine tool imports from Japan to fuel domestic innovation
* Mind Robotics raises $500M Series A led by Accel and Andreessen Horowitz, valued at $2B, spun out from Rivian to focus on industrial