Close Menu
    • Home
    • Contact Us
    Kuwait TribuneKuwait Tribune
    • Automotive

      Porsche to cut 5000 more jobs under restructuring plan

      July 28, 2026

      Japan new car sales rise 1.8% in first half of 2026

      July 2, 2026

      Porsche reveals bespoke 911 GT3 RS in Macadamiametallic

      May 18, 2026

      Mercedes-Benz unveils electric C-Class in Seoul

      April 21, 2026

      2027 Mercedes-Benz S-Class adds DIGITAL LIGHT micro-LEDs

      January 30, 2026
    • Business

      South Korea launches Arctic container ship trial to Europe

      August 24, 2026

      Alibaba secures HK$80 billion to expand AI investment

      August 24, 2026

      Japan posts record July trade as imports outpace exports

      August 21, 2026

      Wall Street rises after Treasury expands debt buybacks

      August 20, 2026

      South Korea auto exports reach $6.24 billion in July

      August 14, 2026
    • Entertainment

      Sony confirms God of War trilogy remake and PS5 prequel

      February 13, 2026

      Apple Arcade adds Jeopardy and NFL games in September update

      August 19, 2025

      Moscow hosts historic 47th international festival

      April 19, 2025

      Legal action against ‘Ketamine Queen,’ doctors in Perry overdose

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024
    • Health

      Australian team finds new way to tackle triple-negative breast cancer

      August 22, 2026

      DR Congo allocated 70,000 doses for Ebola outbreak

      August 21, 2026

      WHO maps three-month path for Congo Ebola containment

      August 19, 2026

      DRC malaria cases surpass 26 million in 2025

      August 17, 2026

      DR Congo Ebola death toll tops 1,900 as cases rise

      August 11, 2026
    • Luxury

      Global luxury market contracts for first time since Great Recession

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • Lifestyle

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023

      From labels to legacy – understanding fashion’s hierarchy

      August 21, 2023
    • News

      Nearly 22,000 Pakistanis deported from Gulf over 4 months

      August 22, 2026

      Indonesia 6.1 earthquake rattles North Sumatra coast

      August 19, 2026

      DRC Ebola outbreak sets national death toll record

      August 17, 2026

      Total solar eclipse crosses Russian Arctic and Europe

      August 13, 2026

      International Youth Day 2026 puts youth inclusion in focus

      August 13, 2026
    • Sports

      Portugal fall to Spain as Ronaldo legacy closes

      July 7, 2026

      Brazil exits World Cup after Norway Round of 16 victory

      July 6, 2026

      Oyarzabal brace sends Spain past Austria at World Cup

      July 3, 2026

      Mexico advances after 2-0 win over Ecuador in World Cup

      July 2, 2026

      Harry Kane lifts England into World Cup round of 16

      July 2, 2026
    • Technology

      Japan H3 rocket deploys Michibiki No. 7 into planned orbit

      August 12, 2026

      Apple market cap reaches 4.94 trillion to top Nvidia

      July 29, 2026

      UN urges fair rules for artificial intelligence worldwide

      July 18, 2026

      Australia AI office faces calls for artist representation

      July 16, 2026

      Samsung sets 2029 start for first Yongin semiconductor plant

      July 13, 2026
    • Travel

      Etihad sets December start for Abu Dhabi Gothenburg flights

      August 13, 2026

      South Korea tourism surplus reaches post-pandemic high

      August 10, 2026

      Spain begins temporary border checks for Italy arrivals

      August 10, 2026

      May foreign tourist arrivals drive South Korea travel surplus

      July 27, 2026

      flydubai Bangkok flights rise to 14 weekly services

      July 16, 2026
    Kuwait TribuneKuwait Tribune
    Home » Robo.ai announces proposed acquisition of QC Capital, an AI-Driven technology holding and venture-building platform
    PR Newswire

    Robo.ai announces proposed acquisition of QC Capital, an AI-Driven technology holding and venture-building platform

    June 18, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    ABU DHABI, UAE, June 18, 2026 /PRNewswire/ — Robo.ai Inc. (NASDAQ: AIIO), a Nasdaq-listed UAE-based company, announced today that it has entered into an agreement to acquire 100% of the equity interests of QC Capital Limited (“Quantum Core” or “QC Capital”). Under the agreement, the total consideration for the proposed transaction is US$60 million, payable in newly issued Class B ordinary shares of Robo.ai. The consideration shares will be subject to a vesting and release schedule of up to eight years. The transaction is expected to close within 30 business days following, subject to customary closing conditions and other applicable requirements.

    The proposed acquisition represents a strategic step in Robo.ai’s development of a global artificial intelligence robotics network platform. QC Capital is positioned as an AI-driven technology holding and venture-building platform with capabilities across technology development, venture building and industrial investment. Through the proposed integration of QC Capital, and drawing upon Robo.ai’s successful experience in acquiring AI visual data processing and compression technology company Neurovia, Robo.ai expects to strengthen its capabilities in technology company sourcing, capital allocation, venture incubation, cross-border mergers and acquisitions, post-investment operations and global commercialization.

    Under the acquisition agreement, the transaction consideration is structured to align with long-term performance targets. The consideration shares will be released in stages and linked to the achievement of multi-year revenue targets. This structure is intended to align the release of transaction consideration with QC Capital’s future business performance and the long-term interests of Robo.ai shareholders.

    QC Capital’s operating model is based on AI technology and operational enablement capabilities, with a focus on AI agents, vertical AI applications and industrial technology enablement for sectors including industry, transportation, embodied robotics and intelligent manufacturing. In the course of its operations, QC Capital expects to accumulate AI data, operating data from portfolio companies, post-investment operating data and market feedback data. These data resources are expected to be incorporated into its AI Investment Engine and QC Alpha™ system to support industry analysis, project screening, due diligence, risk management, post-investment management, M&A screening and portfolio optimization. This model is designed to create a long-term loop from technology capability to data assets, and from AI-assisted decision-making to revenue growth and ecosystem expansion.

    QC Capital’s business system includes four core areas: venture building, strategic investment, M&A platform development and AI investment technology. Its key areas of focus include AI infrastructure, smart cities, robotics and AI agents, autonomous driving and intelligent logistics, AI fintech, enterprise AI platforms and the next-generation digital economy. These areas are complementary to Robo.ai’s artificial intelligence robotics network, intelligent device ecosystem and digital infrastructure strategy.

    Performance Targets

    Pursuant to the performance-based release mechanism stipulated in the acquisition agreement, the shares issued to QC Capital will be released over the next eight years subject to the achievement of specified revenue targets. These include, but are not limited to, a cumulative revenue milestone of approx. US$2.4 billion across 2026 and 2027, which will serve as part of the key benchmark for the phased release of the consideration shares.

    Robo.ai expects that, subject to the successful closing of the transaction, successful business integration and the recognition of related revenue in accordance with applicable accounting standards, QC Capital may become an incremental platform for the Company’s medium- to long-term revenue growth, industrial synergies and global AI ecosystem commercialization. These revenue targets are forward-looking in nature and do not constitute a guarantee of future performance.

    Benjamin Zhai, Chief Executive Officer of Robo.ai, said, “Robo.ai is building a global artificial intelligence robotics network platform for the next generation of the intelligent economy. QC Capital is expected to bring capabilities in AI investment decision-making, data asset accumulation, venture building, M&A integration and global resource networks. Following the completion of the transaction, QC Capital is expected to serve as Robo.ai’s platform for strategic holdings, venture building, investment development and data asset growth, supporting the Company’s continued expansion across artificial intelligence, robotics, digital infrastructure, smart cities, intelligent mobility, low-altitude economy and the next-generation digital economy.”

    About QC Capital Limited

    QC Capital Limited is an AI-driven technology holding and venture-building platform focused on artificial intelligence, robotics, digital infrastructure, smart cities, autonomous driving and the next-generation digital economy. Through AI technology, operational enablement capabilities, industrial operating experience, data asset accumulation and global resource networks, QC Capital seeks to identify, incubate, invest in and operate technology companies with long-term value, while supporting the development of synergies among AI technology, capital capabilities, industrial resources and data assets.

    About Robo.ai Inc.

    Robo.ai Inc. (NASDAQ: AIIO) is a technology company focused on building a global artificial intelligence robotics network platform. The Company focuses on artificial intelligence, robotics, intelligent devices, digital infrastructure and related technology ecosystems, with the objective of connecting technology, data, devices and industrial scenarios through an AI-driven network platform.

    Forward-Looking Statements

    This press release contains forward-looking statements. Actual results may differ materially from those projected. For additional information, please refer to Robo.ai Inc.’s filings with the U.S. Securities and Exchange Commission.

    Media Contact:

    Robo.ai Inc. Corporate Communications
    Email: pr@roboai.io
    Website: www.roboai.io

    QC Capital Limited Corporate Communications
    Email: info@qccapital.io
    Website: www.qccapital.io

    Photo – https://mma.prnewswire.com/media/2997089/image1.jpg
    Logo – https://mma.prnewswire.com/media/2757061/ROBO_LOGO_Logo.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/roboai-announces-proposed-acquisition-of-qc-capital-an-ai-driven-technology-holding-and-venture-building-platform-302804177.html

    Related Posts

    Legend Robot Unveils How Its Mobile Continuous Spraying Technology Accelerates Vision 2030 Gigaprojects at Big 5 Saudi

    August 25, 2026

    Dewan Announces Two Strategic Managing Director Appointments as Firm Evolves Leadership Structure to Support Continued Growth

    August 25, 2026

    LG ELECTRONICS BRINGS HIGH-EFFICIENCY LIVING TO MORE CONSUMERS AT IFA 2026

    August 25, 2026

    Robo.ai Inc. Reports First Half 2026 Financial Results

    August 24, 2026

    Galileo Robotics Unveils Galileo X at WRC 2026, Breaking Conventional Form Factors with Its “Embodied Ground Mobility System”

    August 24, 2026

    New Taipei’s Tech Ecosystem Leaps into the Middle East: 20 Companies to Showcase at LEAP 2026

    August 23, 2026
    Latest News

    South Korea launches Arctic container ship trial to Europe

    August 24, 2026

    Alibaba secures HK$80 billion to expand AI investment

    August 24, 2026

    Nearly 22,000 Pakistanis deported from Gulf over 4 months

    August 22, 2026

    Australian team finds new way to tackle triple-negative breast cancer

    August 22, 2026

    Japan posts record July trade as imports outpace exports

    August 21, 2026

    DR Congo allocated 70,000 doses for Ebola outbreak

    August 21, 2026

    Wall Street rises after Treasury expands debt buybacks

    August 20, 2026

    WHO maps three-month path for Congo Ebola containment

    August 19, 2026
    © 2026 Kuwait Tribune | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.