The Belt 
AI large models are evolving from a product into the infrastructure a company runs on. Xiaomi recently reorganised XiaoAI and its AI business: the near-decade-old assistant is shifting from a standalone team to one backed by the base-model team, a cloud engineering team and an on-device OS team. Reporting says the MiMo base-model team led … Read more
Before Groq’s LPU rode Nvidia’s spotlight to fame, Yuanchuan Micro founder and CEO Yang Bin was already sketching an inference chip. LeiFeng Net has learned exclusively that the LPU start-up has closed a several-hundred-million-yuan Pre-A round led by IDG Capital, with Futong Capital, JK Venture, Shangqi Capital, Shunxi Fund and Xuhui Sci-Tech Innovation Investment joining. … Read more
On 22 August the second World Humanoid Robot Games opened at Beijing’s National Speed Skating Oval, themed “Competing intelligently toward the future”, hosted by the Beijing municipal government and China Media Group. The event runs five days, up from three, with 51 events and 1,301 matches. It drew 666 teams and 2,056 robots from 16 … Read more
On 23 August, Qiyuan Robot, under Shangwei Advanced Materials, opened pre-orders for its Qiyuan Q1 and Qiyuan T1 humanoids through its mini-program, Tmall, Douyin, Bilibili and offline events. A 1,000 yuan deposit deducts 2,000 yuan from the final price, and first shipments are expected in September. For an industry hunting for a landing path, this … Read more
The embodied-AI industry is not short of robots that can deliver one pretty demo. What it lacks is robots that repeat the same task ten thousand times in a real setting and stay reliable. PaXini says it has just crossed that line. The company disclosed a 1 billion yuan strategic round and said cumulative funding … Read more
On 22 August, at the National Speed Skating Oval in Beijing, the opening of the second World Humanoid Robot Games put a live tennis court on air. A humanoid robot faced incoming balls travelling above 50 km/h, judged the bounce in milliseconds, moved its feet, twisted its body and swung, landing the ball inside the … Read more
On 10 August Unitree opened its public offer at 150.8 yuan a share, a market value near 61 billion yuan, and cleared the STAR Market review in 73 days, the fastest tech-board listing this year. Behind it sat a star cast of backers, Meituan, Tencent, Alibaba and Xiaomi among them. Missing from the winner’s circle … Read more
Ninebot rode high-growth and a robot narrative to a rich valuation, then spent a year testing investor trust. The 2025 full-year numbers still looked strong: revenue of 21.278 billion yuan, up 49.89 per cent and the first year above 20 billion, with net profit of 1.758 billion, up 62.17 per cent. E-bikes reached 11.86 billion … Read more
UBTECH arrived at WRC 2026 with a ‘working crew’ rather than a dance troupe. Walker C1 hosted the booth, more than ten Cruzr Y1 and S2 units ran a copied factory line doing stamping and machining feed, depalletising and e-commerce sorting, and the new UWORLD U1 home humanoid drew the longest queues. The through-line was … Read more
While humanoids packed the WRC floor, a quieter fight played out one level down. Unitree still leads the quadruped market, but its grip is loosening, and a young firm called Vbot (Weita Power) found the gap: the consumer. SAG estimates global quadruped shipments of about 26,000 units in the first half of 2026, with Unitree … Read more