On 10 September, Unitree Technology’s shares fell below the 500 yuan level for the first time, touching 498.7 yuan intraday, a sharp comedown from its blockbuster debut. Unitree’s shares slipped below 500 yuan, erasing more than RMB 240 billion in market value. (Source: Gasgoo) By the late morning the stock stood at 500.49 yuan with … Read more
Kinetix AI, also known as Chaowei Dynamics, has closed a series of angel-plus rounds above RMB 500 million, led by Vertex Ventures under Temasek, with Fangguang Capital and Wanshi Capital adding funds, to speed its data-model-entity iteration and productise embodied intelligence. Kinetix AI closed a RMB 500 million-plus angel round for its embodied-intelligence stack. (Source: … Read more
When notable investor Zhu Xiaohu stepped back from humanoid bets and turned to Harbin Engineering-linked Shihang, the deep-sea robot track drew fresh attention. A different Harbin Engineering spinout, DeepSea Intelligence, is taking the industrial deep-sea route, and it is moving to commercial scale faster. A RMB 500 million vote On 13 August, DeepSea Intelligence announced … Read more
On 1 September, Mech-Mind rang the bell on the Hong Kong exchange. The headline is a cornerstone book that reads like a roll call of smart money, led by Baillie Gifford, the Scottish house that backed Tesla and Nvidia, alongside Taikang, Jane Street, BYD’s Golden Link, Invus, Ghisallo, Ruihua, NGS Super and E Fund, who … Read more
At the Aggregated Intelligence Industry Conference on 9 September, Jin Bing, former deputy director of the State Post Bureau’s policy office, cited a striking figure: China’s humanoid exports and manufacturing account for 97 per cent of the global total. A Chinese humanoid robot production line at scale. (Source: Gasgoo) Just years ago the industry proved … Read more
If past years of embodied intelligence were a contest of single-point skills, the clear signal from this year’s World Robot Conference is that competition is moving from one breakthrough to the completeness of a system. Sensors, dexterous hands and data still matter, but a robot that enters a factory, warehouse or home meets shifting position, … Read more
A 9 September Gasgoo Embodied Intelligence roundup of automotive and supply-chain moves led with a milestone for Chinese humanoids: on 8 September, the XPeng group announced the world’s first high-end general-purpose humanoid automated production line, and the world’s first high-end general-purpose humanoid completed automated final assembly and walked off the line on its own. That … Read more
On 29 August, Baotong Technology, a firm built on games and industrial internet, released its half-year report. With both businesses recovering, revenue and profit rose together, but the longer arc is uneven: gaming is volatile, and Baotong’s two main lines have little in common. Baotong Mine-Rhino (Kuangxi) quadruped inspection robot built on a Unitree base. … Read more
Morgan Stanley expects the humanoid robot market to reach USD 5 trillion by 2050. BMW, Renault, Mercedes-Benz and Tesla are already testing the machines in their factories, and Hyundai, Mitsubishi and XPeng are moving in too. Carmakers move into pilot mode Tesla has stopped production of the Model S and Model X and shifted the … Read more
On 8 September, Guangdong Tianji Intelligence said it had closed a B++ strategic round co-led by Ant Group and Sofina Asia Private, with Gaorong Venture Capital and Tencent following on, and Gaohu Capital as sole adviser. Tianji Intelligence force-control humanoid dual-arm robot. (Source: OFweek Robot) The funds go to technology research, scaled production and global … Read more