From pitch deck to line: giants cross into embodied AI

Unitree, the “first humanoid-robot stock”, set its IPO price at RMB 150.8 per share with a price-to-earnings multiple of 219.23x, far above the 38.56x industry average, throwing more fuel on the embodied-AI boom. Over the past three months, giants on both sides of the Pacific have been heating the sector too. Tesla installs its first-generation … Read more

Humanoid robots in 2026: output frenzy, deployment doubt

100,000 units, or a fivefold leap Halfway through 2026, the humanoid industry turned in a glossy scorecard. At July’s WAIC press conference, MIIT vice-minister Gan Xiaobin said full-year output could exceed 100,000 units. From about 20,000 in 2025 to 100,000 is a fivefold jump any sector would envy. Fellow vice-minister Ke Jixin called it a … Read more

AgiBot’s Luo Jianlan leaves as it chases Hong Kong IPO

The IPO that finally surfaced AgiBot (Zhiyuan Innovation), the humanoid star that repeatedly denied Hong Kong IPO rumours, finally confirmed in late July that it had started the listing process. Good news followed: its self-developed WITA-Omni Preview model topped Qwen, Gemini, Doubao and Nvidia with an 85.21 score, and it launched the world’s first robot … Read more