On October 20, autonomous driving technology company Neolix announced the completion of a new funding round of nearly $400 million, led by Boyu Capital and the National AI Industry Investment Fund, with participation from Alibaba AEF NextGen Hong Kong Fund, Monolith, Vertex Growth, GAC Capital, and others. Neolix's cumulative financing has exceeded RMB 10 billion, ranking first in the unmanned delivery vehicle industry.