News

Chinese consumer-robotics firm Vbot lands first Japan order worth RMB 1 billion for elder care

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Chinese consumer-embodied-intelligence firm Vbot said its global strategy has begun, with Japan as the first overseas market. Under a strategic agreement, Japanese robot-solutions firm Future Robotics has bought in Vbot’s flagship quadruped development platform, the Datou EDU edition, and will build local applications around elder-care companionship and village public services. Over three years the two … Read more

Ruisong plans RMB 784 million raise to scale high-precision six-axis robots

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Ruisong Technology said it plans a private placement of up to RMB 784 million, with the net proceeds funding a high-precision, high-speed six-axis robot industrialisation project, an headquarters and R&D centre upgrade, and working capital and debt repayment. The aims are more capacity, better process and stronger technology reserves. A long road with Panasonic Founded … Read more

Bangqi bets on industrial AI agents, not just robots, to wire factories into one nervous system

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Bangqi, a Shenzhen firm, has staked its strategy on building a factory-wide intelligent system rather than selling single devices. Using its own industrial vertical AI model, it pairs an LDS production-coordination system and an ADS multi-brand scheduling system with self-built AGV, AMR and embodied-robot hardware, pushing plants from local automation toward global autonomous decisions. From … Read more

Yuanli Wuxian closes nearly RMB 1 billion round, chases embodied-intelligence ‘evolution speed’

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Yuanli Wuxian, an embodied-brain company, completed Series A and A+ funding of nearly RMB 1 billion on 14 August. The round was led by Dunhong Asset and a leading state-owned platform, with Zhejiang University’s sci-tech group, Yandu state control and Lishui state capital among the industrial and institutional backers, and earlier investor CCV adding more. … Read more

Guangdong mobile-base pioneer Jiateng Robots raises tens of millions, bets on industrial embodied intelligence

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Jiateng Robots, a veteran Chinese mobile-robot company, said it has closed a strategic funding round worth tens of millions of yuan, 12 years after its last major raise. The round was led by H&T Intelligent Control, with Daohe Fund and Jinmu Capital following. An industrial round, not a financial one The investor line-up is built … Read more

Shenzhen humanoid robot sorts 1,200 parcels an hour at a mail centre, and a video of it went global

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A short video posted by a Chinese foreign ministry spokesperson on overseas social platforms turned a homegrown humanoid sorting robot into an unexpected hit. On 12 August, a Shenzhen Evening News reporter visited the Shenzhen land-mail processing centre to see what the machine can actually do. A humanoid that handles a messy sorting line On … Read more

Pony.ai and Uber to deploy over 2,000 Robotaxis across five European cities

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Pony.ai and Uber said on 19 August they will deepen their strategic partnership and deploy more than 2,000 Pony.ai Robotaxis across five European cities, one of the largest Robotaxi deployment plans in the region. Pony.ai’s total overseas deployment target now exceeds 4,000 vehicles. The expansion builds on Pony.ai and Uber’s existing commercial operation in Zagreb, … Read more

Qianhe Yibang closes a 2 billion yuan B round for 3D compute-in-memory chips

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Qianhe Yibang, a leader in 3D compute-in-memory chips, recently closed a B round above 2 billion yuan. As China accelerates high-quality integrated-circuit development and Indigenous breakthroughs in core technologies, innovative firms with self-developed ability and new chip architectures are becoming central to industrial upgrading. Globally, the digital economy has entered a compute-centric phase, and memory … Read more

Lenovo’s net profit jumps 176 per cent on 63.4 billion yuan of AI revenue as Yang shrugs off the bubble talk

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In May, Lenovo chairman and CEO Yang Yuanqing set a goal of reaching US$100 billion in annual revenue within two years, from US$83.1 billion then, implying about 9.7 per cent compound growth. On 13 August, Lenovo reported its first fiscal-quarter 2026/27 results for the period ended 30 June 2026: revenue of 183.4 billion yuan, up … Read more

Xiaomi burns 5.7 billion yuan on EVs and AI in the first half as the Pengcheng range looms

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On 18 August, Xiaomi president Lu Weibing and vice president and CFO Lin Shiwei took questions on the group’s second-quarter 2026 results. On the smart-EV business they addressed five points: the Pengcheng model’s buyers barely overlap with existing models; the Pengcheng N90 Max and N70 Max are not yet priced, so margin impact is unclear; … Read more