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Benzinga
Benzinga
Business
Triveni Kothapalli

Why Is Robo.ai Stock Trading Higher Thursday?

Balancing Growth And Affordability

Robo.ai Inc. (NASDAQ:AIIO) shares are trading higher on Thursday after it announced a strategic investment in Arkreen through the DePIN technology firm aitos.io, aiming to connect artificial intelligence and blockchain infrastructure.

Robo.ai stated that the tie-up will enable it to build an intelligent machine asset network by combining AI-powered robotics with DePIN blockchain systems. It described this collaboration as a key step in linking the machine economy with Web3 technologies.

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