Shenzhen’s Dobot Sees H1 Revenue Top 300M Yuan as Profitable Core Funds Embodied-AI Push

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Dobot expects first-half 2026 revenue of roughly 300 to 330 million yuan, up 94.65 to 114.12 percent year on year, with gross profit of 140 to 170 million yuan, up 84.73 to 124.31 percent, the company said in a recent profit alert. On top of its scaling collaborative-robot business, Dobot’s embodied-AI business is moving from … Read more

Shenzhen’s AI Squared Unveils World-First Brain-Inspired VLA Model to Scale Robot Deployment at WAIC

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At WAIC 2026 in Shanghai on July 17, Shenzhen company AI Squared showcased its upgraded in-house brain-inspired large model NeuroVLA, the open-source AlphaBrain Platform, and AlphaBot 2 running the latest robot brain — demonstrating real productivity in industrial manufacturing and new retail. Often called China’s most “Tesla-like” robotics firm, AI Squared drew a constant crowd … Read more

Shenzhen’s LimX Dynamics Closes $200M Pre-IPO Round, $400M Raised in Six Months at ~$2B Valuation

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General-purpose humanoid robot company LimX Dynamics, headquartered in Shenzhen, has closed a near-200 million dollar Pre-IPO financing round at a post-money valuation of 15 billion yuan (about 2 billion dollars), joining the ranks of China’s super unicorns, the company said recently. It has raised 400 million dollars in total over the past six months, laying … Read more

Shenzhen’s Ubtech Books 13,361 Orders for Consumer Humanoid ‘U1’ as It Pivots to the Home

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On June 30, Ubtech held its 2026 global launch in Shenzhen, unveiling its “human-robot symbiosis” strategy for the next decade and the full-size ultra-bionic humanoid series “YouWorld U1” — a half-body U1 Lite, a high-spec full-body U1 Pro, and a high-dynamics full-body U1 Ultra. Pricing: U1 Lite at 119,800 yuan; U1 Pro at 169,800 yuan; … Read more

Shenzhen’s Dobot Begins Global Mass Delivery of Humanoid Robots to Industrial Sites

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Shenzhen-based Dobot has begun deploying large batches of its humanoid robots across industrial sites worldwide, the company told Shenzhen News on July 24. The machines are running live validation and production tasks — loading and unloading, high-precision sorting, fine assembly, and finished-goods recycling — inside real manufacturing environments. The move sends a clear signal: humanoid … Read more

Raised $300M, Backed by Bill Gates — Robot Startup Vicarious Files for Bankruptcy

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In the midst of a global humanoid robot boom, a sobering reminder of how hard the robotics business actually is: Vicarious Surgical, a US surgical robot startup that raised $300 million from investors including Bill Gates and Jerry Yang, has filed for bankruptcy. Founded in 2014 by two MIT graduates, Vicarious set out to build … Read more

China’s First Fields Medalists in History Mark a New Era for Mathematics

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On July 23, the International Mathematical Union awarded the Fields Medal — mathematics’ highest honor — to four mathematicians. Two of them, Deng Yu and Wang Hong, were born in China. It is the first time in the prize’s 90-year history that two Chinese-born mathematicians have won in the same year. Deng Yu, born in … Read more

Chinese Cars Cost Double Overseas — And That’s the Point

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Chinese automakers are selling cars overseas at nearly double the domestic price. This isn’t price gouging — it’s strategy. Take the Xiaopeng MONA L03, launched in Munich on July 16. In Germany, the pure EV version starts at €35,600 ($27.6K USD equivalent). In China, the same car starts at ¥123,800 ($17.2K). The markup is nearly … Read more

Jensen Huang’s First Tweet Was About Open Source AI — Here’s Why

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On July 24, Jensen Huang posted his first-ever tweet. It wasn’t about NVIDIA’s latest GPU, earnings, or a product launch. It was about open source AI. Huang’s newly created X (Twitter) account shared an open letter titled “Open-Weight Models and American AI Leadership,” signed by NVIDIA, Microsoft, Meta, Hugging Face, Mistral, Y Combinator, and 15+ … Read more