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
At the Beijing World Robot Conference in August 2026, the sound in the halls was no longer amazement that a robot could dance like a person. It was founders quietly working out return on investment in their heads, counting the wages a machine could save in a month. Embodied-intelligence exhibits at the World Robot Conference … Read more
On 9 September, at the Agglomeration Intelligent Industry Development Conference 2026, Jin Bing, former first-level inspector and deputy director of the policy and law department at the State Post Bureau, said embodied intelligence is entering an accelerated mass-production phase. Citing the latest data, he said China’s share of global humanoid-robot exports and manufacturing has reached … Read more
Robot Forward reported on 9 September that Suzhou maglev company Zongwei Technology has closed a RMB 200 million Pre-C-plus-plus round, led by Matrix Partners China, with Shunwei Capital, BlueRun Ventures and Shengbao Capital following as existing shareholders. Zongwei Technology sTrak intelligent maglev transport platform. (Source: Zhidx) Founded in 2020, Zongwei says it has landed more … Read more
Robot Forward reported on 9 September that Beijing Physical-AI data-base company WuWen ZhiKe has closed a Series A of several hundred million yuan. The round was led by Hongtai Fund, with Hongshan Capital, Zhongdian Shurong and Lion City Capital following, and existing shareholders Bridge Capital, Lihe Financial, Lihe Zhongke and Chengkai Lingcheng oversubscribing; Shneng Capital … Read more
Robot Forward reported on 9 September that at the JDD 2026 JD Global Technology Explorer Conference, JD pointed the next decade of AI at the physical world. Cao Peng, chairman of JD’s technology committee and president of JD Cloud, said the smart economy will migrate from the digital world to the physical world over the … Read more
XPeng’s robot business has moved a step closer to volume production. On 8 September XPeng’s own line completed automated final assembly of its first high-end general-purpose humanoid, and the machine walked off the line by itself, marking the shift from research build to line manufacturing. XPeng IRON humanoid on the company’s newly opened automated assembly … Read more
At WAIC 2026 the embodied-intelligence zone was again among the most crowded. Robots made coffee, took photos and danced. The SuDu Technology booth drew a crowd too, but the mood was different. A few robots stood quietly at workstations doing unglamorous things: picking items, wrapping an object with a cloth using both hands, inserting a … Read more