The Belt 
In October, the China Marine Economy Expo opened in Shenzhen with hull-cleaning robots, river-cleaning craft, seabed cable machines and deep-sea survey vehicles on the floor. Outside the hall, the money had already gone in. Work-class ROVs are replacing saturation diving on hull inspection and cleaning. Illustration: The Robot Belt (Source: OFweek) Seawit closed an A … Read more
The most expensive input in Chinese robotics this year is not compute, not reducers and not rare earth magnets. It is people, and the market has started pricing them like scarce components. Campus recruiting is now a bidding war for embodied AI graduates in China (Source: OFweek) In April 2026, UBTech, the Hong Kong-listed humanoid … Read more
China’s richest people are usually easy to explain. They own listed shares whose value is set every day by strangers. Liang Wenfeng’s fortune is different. It rests on a company that has no public shareholders, no disclosed revenue and no product for retail customers to buy. DeepSeek is valued near USD 75 billion before any … Read more
For two years the Chinese humanoid trade ran on paper. Terms sheets set the price, the next round ratified it, and nobody had to test whether anyone else would pay it. In October, for the first time, a seller tried to find out. Chinese humanoid valuations are being repriced in the secondary market. Illustration: The … Read more
The most valuable asset in AI search may be the plumbing rather than the answer. Tencent upgraded its Yuanbao search on 20 October and opened it to individual developers and enterprises through Tencent Cloud as an API. Behind it sits an index the company describes as reaching a hundred billion scale, built from public web … Read more
A drone the size of a hand and about as heavy as a smartphone has now flown faster than a Formula One car, and the margin over the previous record is not close. Xu Yang, an undergraduate at the School of Science and Engineering and Morningside College at CUHK-Shenzhen, set a new Guinness World Record … Read more
Teaching a humanoid to fold a towel currently requires a robot, an operator and an afternoon. A team at Peking University has proposed deleting the robot from that sentence. The bottleneck is post-training. Pretraining gives a model a baseline competence, but the ceiling is set afterwards, and for embodied systems that means correction: watching a … Read more
Moonshot AI has not launched anything. The model’s name appeared in a teaser video, in an API config file, in a code editor menu, and then in an arena leaderboard under a codename, and the benchmarks people are running against it already tell a story. The trail started in late September, when developers found a … Read more
Nvidia’s favourite cloud customer is now the clearest test of whether the AI build-out can pay for itself. CoreWeave, the neocloud that borrows against GPU fleets and contracted compute orders, has been hit on both sides of its capital structure. Its shares fell more than 23 per cent in eight trading days and sit 55.7 … Read more
The most valuable company in physical AI may turn out to be one that does not build robots at all. General-purpose models are now being tested as robot controllers. Recent work around GPT-6 Astra and comparable systems shows models that can interpret complex instructions, identify objects and plan the next operation, including recovering when a … Read more