The Belt China’s car exports are on track to cross 10 million units for the full year, and the make-up of that volume has shifted in a way western carmakers cannot ignore. Exports clear 8.2 million in three quarters The China Association of Automobile Manufacturers reported this week that outbound shipments reached 8.205 million units in the … Read more
Shutu Technology focuses on tactile data representation and contact-strategy training for robots (Source: Leiphone) Funding that compounds Shutu Technology has closed a Pre-A round of nearly RMB 100 million. The round was co-led by CDH Baifu and the Kunpeng Fund, a national-level fund focused on big data, with Guangzhou Industrial Investment and Yihe Capital joining … Read more
Unitree’s market value has nearly halved since its August listing. The quadruped rival now knocking on the IPO door is still losing money, and still lives on the robot dog. From profit to loss Deep Robotics, a Hangzhou peer that also started with quadrupeds, had its STAR Market IPO accepted in May, aiming to raise … Read more
In the late 19th century, Standard Oil’s founders quietly bought stakes in railways to secure cheap, safe transport for their oil and a captive customer for lubricant. The same move is playing out today, with CATL buying seats at the AI table before demand explodes. Battery money meets AI On 6 October, Bloomberg reported DeepSeek’s … Read more
Wubu Infra, a Tsinghua University spin-off, has closed a C round of RMB 2.3 billion, bringing cumulative financing to RMB 4.3 billion and setting a national record for China’s AI Infra category. Foreign media report the company is preparing an IPO. Illustrative image generated for this report: heterogeneous AI compute orchestration by Wubu Infra (Source: … Read more
Two shifts are accelerating in China’s AI chip market. Nvidia’s share is being eaten by domestic makers, and non-GPU accelerators are rising. IDC data for the first half of 2026 shows China’s data-centre AI accelerator shipments reached 2.008 million units, with non-GPU at 1.016 million, surpassing GPU for the first time. Nvidia still leads at … Read more
On the evening of 12 October, Microsoft chairman and CEO Satya Nadella outlined the company’s latest in-house chip plan: a large-scale deployment of Azure Maia 300 in 2027. Microsoft shares rose 1.14 per cent to US$541.15 that day, pushing its market value back above US$4 trillion. The Maia case Nadella’s point is that everyone is … Read more
Guo Renjie was born in 1997, entered Xi’an Jiaotong University’s gifted programme at 15, and within four years at Dreame rose to China president, running a team of over 1,500. In late 2024 he founded LeXiang Tech and its YuanDian robot brand. In July the company closed a RMB 500 million Pre-A round led by … Read more
The quadruped robot market is splitting into two very different businesses. Two kinds of demand IDC’s Worldwide Quadruped Robot Market Share, 1H26 shows the global market passed US$400 million in the first half of 2026, up 95.4 per cent year on year, with shipments above 49,000 units, up 92.5 per cent. Education, research and home … Read more
In less than a year, the daily rental price of a humanoid robot has fallen from several thousand or even tens of thousands of yuan to a few hundred. The price collapse is still unfolding, but the number of robots that can actually go to work has risen. From performer to earner During the just-passed … Read more