A wave of safety warnings from leading artificial-intelligence labs, together with OpenAI’s decision to shelve its IPO this year, pushed markets to price in a simple equation: slower frontier-model iteration means weaker chip demand. On Monday the selling swept Asia, Europe and the Americas, and early tallies put the market value wiped from the global … Read more
Five days after Tesla opened its production Cybercab to the public in its Robotaxi fleet, the verdict from riders is split. The vehicle, unveiled on 4 September, has no steering wheel, pedals or mirrors and relies entirely on Full Self-Driving. Some riders say they felt like VIPs; others say it ran flawlessly. Many more posted … Read more
China built 34.53 million vehicles in 2025, the 17th year it has led the world, with new-energy output up 29 per cent year on year. The more consequential contest, though, is the silicon behind the wheel. Horizon Robotics says its Journey series of autonomous-driving chips has now passed 15 million units shipped, and the pace … Read more
Guoxun Robotics, a Hangzhou developer of industrial inspection robots, has closed two funding rounds totalling tens of millions of yuan within roughly six months, with Jiuzhao Investment, Yueke Financial Group and Liang Venture Capital co-investing, the firm’s backer Chenyuan Capital said. The new money carries weight because Yueke Financial Group is Guangdong’s largest state-owned fund-management … Read more
Hai Robotics refreshed its Hong Kong Stock Exchange listing application on 13 September, restarting a process first filed in February, and is positioning itself as the exchange’s first ACR stock. ACR stands for case-handling mobile robot, the box-style warehouse machine the company pioneered. Before the listing the firm had already completed 15 rounds of equity … Read more
Kinetix AI, a full-stack embodied-intelligence company, has closed an angel-plus round of more than RMB 500 million, with Vertex Capital, the venture arm under Singapore’s Temasek, alongside Fangguang Capital and Wanshi Capital adding to the round. The proceeds will accelerate the firm’s data-model-embodiment loop and push its embodied products toward commercial deployment. The company was … Read more
On 9 September, the US physical-AI startup Harmoni closed a 10 million dollar Series A led by Bessemer Venture Partners, with valuation undisclosed, and on the same day unveiled HAL. HAL is an AI that lives on the shop floor: a worker can ask why a machine is running slower than usual, file a repair … Read more
Zhejiang Qingtian Lituo Robot Co has broken ground on a project that will build a digital factory for smart logistics robots at a planned capacity of 5,000 units a year. The site covers 40 mu and will produce AGV handling robots, smart warehouse systems and the software that runs them, aimed at the intelligent-upgrade needs … Read more
Wanxun, a global front-runner in flexible embodied intelligence, has released NOVA 2.0, the Neuromorphic Omniversal Versatile Architecture, which it calls the industry’s first open-world, all-weather, commercial-delivery-grade embodied intelligence architecture. It is forged from more than 10 million multi-dimensional extreme-condition operations across 40-plus real industry scenarios. Somatic intelligence against extreme conditions Embodied intelligence is moving out … Read more
Siasun Robotics announced that its wholly owned subsidiary Shenyang Dianshi Technology will increase capital through public listing on the Beijing Property Exchange, bringing in at least three investors for a combined amount of no less than RMB 50 million, at a price no lower than the asset-appraisal result filed with state assets authorities. After the … Read more