Zhidx reported on 9 September that US AI coding unicorn Cognition has closed a Series E above US$2 billion, about RMB 13.4 billion, at a valuation of US$48 billion, about RMB 322.1 billion. Cognition co-founder and CEO Scott Wu. (Source: Zhidx) The round was led by new investors a16z and Accel, with existing backers Founders … Read more
A sweep of China auto and robotics news on 8 September points to the same direction: Chinese electric mobility and robotics are pushing harder into overseas and embodied-intelligence manufacturing. Several items stand out for international readers. The Zeekr 7X reached its 200,000th mass-produced unit at the Ningbo Meishan smart factory. (Source: Gasgoo) Zeekr 7X rolled … Read more
Zhidx reported on 9 September that Hangzhou three-dimensional compute-in-memory AI chip firm Weina Hexin has closed a RMB 1 billion C1 round and will soon reach scaled commercialisation and mass production, joining the first group of three-dimensional compute-in-memory AI chip companies worldwide to do so. Weina Hexin 3D compute-in-memory AI inference chip. (Source: Zhidx) The … Read more
Zhidx reported on 8 September that Beijing edge-LLM unicorn ModelBest, together with the OpenBMB open-source community, has open-sourced MiniCPM5-2B, a next-generation edge language base model. The 2-billion-parameter model supports tool calling, deep search and code generation, and shipped day-zero adaptation to Intel, Rockchip and Arm platforms. MiniCPM5-2B benchmark results versus larger open models. (Source: Zhidx) … 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
On 9 September, at the Inclusion Bund Summit, Hangzhou Laimeng Technology said it had closed a tens-of-millions-yuan angel round for its AI robot, with Fashion Media Group and Hongyi Asset Management co-leading. Fashion Media Group, founded in 1993 with brands across apparel and jewellery, is making its first bet in AI robotics. On 25 September … 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
On 2 September, the new Li Auto MEGA launched with a single MEGA Home version priced at 509,800 yuan, with deliveries starting within the week. The new model keeps a 108 kWh ternary-lithium 5C super-charging battery, front and rear dual-motor all-wheel drive and a CLTC pure-electric range of 710 kilometres. On a 5C charger, ten … Read more