News

Jijia Vision’s joint-stock revamp puts a ‘world model’ IPO on the near horizon

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Jijia Vision’s joint-stock revamp puts a ‘world model’ IPO on the near horizon Gasgoo’s Embodied Intelligence desk reports that Beijing Jijia Vision Technology has completed its joint-stock restructuring, changing its name to Beijing Jijia Vision Technology Co., Ltd and converting from a limited liability company to a joint-stock company. The commercial-registration change has been publicised. … Read more

Turi AI closes first funding round to build its embodied-robotics ODM stack

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Turi AI closes first funding round to build its embodied-robotics ODM stack Gasgoo’s Embodied Intelligence desk reports that Hangzhou Turi Intelligent Equipment (Turi AI) has closed its first round of financing in the tens of millions of yuan. The round was led by Dongli Future Tech and Tongli Tech, joined by industrial investors Huang Yuexian … Read more

From Xiaolingtong to hotel robots: a UTStarcom old guard takes Wuxi firm past HK$15.5bn

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From Xiaolingtong to hotel robots: a UTStarcom old guard takes Wuxi firm past HK$15.5bn On 9 September, Youdao Robotics surged as much as 176 per cent on its first trading day, with its market value briefly crossing HK$15.5bn. History had not vanished. It merely returned in a new posture, as a founding team that grew … Read more

LuoHu launches an AI committee to wire its tech firms into one ecosystem

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LuoHu launches an AI committee to wire its tech firms into one ecosystem On 15 September, the LuoHu District Federation of Industry and Commerce (General Chamber of Commerce) inaugurated its Artificial Intelligence Committee, accompanied by an industry matchmaking event at the LuoHu HarmonyOS Ecosystem Tower. Nearly 90 representatives from universities, industry associations, venture funds, AI … Read more

A Shenzhen hazardous-industry robotics startup took a tens-of-millions A1 round, and the bet is on dirty work

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A Shenzhen hazardous-industry robotics startup took a tens-of-millions A1 round, and the bet is on dirty work Investors are putting real money into robots that do the dirty, dangerous work humans avoid, not the ones that pose for cameras. Xuanchuang Robotics, a Shenzhen firm focused on embodied intelligence for hazardous and chemical-industrial settings, has closed … Read more

Shenzhen just gave its street-cleaning robots a digital ID, and a regulator can now watch them work

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Shenzhen just gave its street-cleaning robots a digital ID, and a regulator can now watch them work Shenzhen’s street-cleaning robots just got licence plates, and a regulator can now watch each one work. On 16 September the city issued its first batch of identifiers for AI sanitation robots. A machine printed with the code SS·xxxxx … Read more

Leapmotor’s tech day promised a second brand and a self-built robot, with a jab at being the ‘Apple of cars’

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Leapmotor’s tech day promised a second brand and a self-built robot, with a jab at being the ‘Apple of cars’ A carmaker that keeps pitching itself as the cheap one just showed a self-built robot and an operating system, and aimed a line at Apple. At its 16 September tech day in Huzhou, Leapmotor founder … Read more

Lenovo’s venture arm just backed a Shenzhen exoskeleton maker for the fourth time

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Lenovo’s venture arm just backed a Shenzhen exoskeleton maker for the fourth time Lenovo’s venture arm has now backed a Shenzhen exoskeleton maker four times, and the bet is on ageing, not athletics. MetoRobot, founded in 2016 by a team of returnee PhDs, has closed a roughly RMB 100 million strategic round from CSC, a … Read more

A once-hyped Chinese robot unicorn just went into liquidation, and the lesson is about showrooms

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A once-hyped Chinese robot unicorn just went into liquidation, and the lesson is about showrooms A Chinese robot unicorn that once filled exhibition halls has just been pulled into liquidation, and the filing reads like an industry warning. DeepBlue Robotics, the core robotics subsidiary of DeepBlue Technology, is in bankruptcy liquidation after the Pudong People’s … Read more