In 2026 the large-model industry is living through a visceral shift. The Scaling Law that ruled the digital world is hitting the hard wall of physical law, spatial constraint and long-tail data as it crosses into the real world. The rift peaked on the final day of RSS 2026 in Sydney, where robotics academics’ reverence … Read more
Baidu reported its latest quarterly results with the same cash-flow profile as Tencent. Q2 revenue was RMB 31.3 billion, down 4 per cent year on year and 2 per cent quarter on quarter. Attributable net profit was RMB 2.3 billion and non-GAAP net profit RMB 2.6 billion, down 68 per cent and 46 per cent. … Read more
After a brief show of restraint in Q1, Tencent went all in on spending in Q2. The company reported after market close that capital expenditure surged to RMB 52.8 billion, about 26 per cent of total revenue and well above the RMB 32.14 billion the market expected. Add RMB 51.4 billion in prepaid compute-procurement deposits … Read more
On 19 August, Kuaishou Technology released its second-quarter 2026 results. Revenue reached RMB 35.54 billion, up 1.4 per cent year on year, while profit for the period was RMB 3.15 billion, down 36 per cent. For the first half, revenue totalled RMB 69.25 billion, up 2.4 per cent, though profit fell 32 per cent. Kuaishou’s … Read more
China’s AI has posted a run of breakthroughs this year, from DeepSeek’s DeepSeek-V4 series to Moonshot’s Kimi K3, a 3-trillion-parameter open-source model, and Zhipu’s GLM-5.3, whose coding ability approaches top closed models. Behind the models sits compute. Despite US limits on advanced AI chips and semiconductor equipment, domestic compute such as Huawei’s Ascend has broken … Read more
On 19 August, as the 2026 World Robot Conference opened in Beijing, Wujie Dynamics unveiled a string of self-developed results: the MWA embodied general brain, the K15 robot body, the AnySense EGO first-person multimodal capture terminal, the Anyverse ADA seven-degree-of-freedom humanoid arm and the Anyverse ASC central compute platform. With Korea’s KG Group coffee brand … Read more
During the 2026 World Robot Conference, FAW Die Technology (Changchun) showcased a wheel-arm robot, a full-size bipedal humanoid, a small bipedal service humanoid, a heavy-load robot and joint modules, presenting what it called “China’s fully autonomous embodied-intelligence automotive manufacturing scenario.” FAW’s wheel-arm industrial humanoid robot on display at WRC 2026 (Source: Gasgoo) FAW is building … Read more
Moxing AI, the “Token super factory” founded just over two years ago, has closed another funding round. The company announced a Series A led by Yida Capital, with several strategic resource partners joining, existing shareholders adding more, and some over-allocating. The round follows a several-hundred-million-yuan Pre-A disclosed in May, only three months earlier. Two rounds … Read more
RobotEra, a Tsinghua University spinoff and one of China’s leading embodied-intelligence companies, is preparing to list on the main board of the Hong Kong Stock Exchange, targeting a raise of US$800 million to US$1 billion, according to people familiar with the matter cited by Bloomberg. The company has begun working with advisers on the listing, … Read more
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