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
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
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
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
On 19 August, Unitree Technology (688836.SH) listed on the Shanghai Stock Exchange’s STAR Market, becoming the first pure-play humanoid-robot stock on the A-share market. Priced at 150.80 yuan per share, it opened at 1,100 yuan, pushing its market capitalisation above 400 billion yuan. At that open, a single winning IPO lot could be worth up … Read more
Gasgoo Embodied Intelligence has learned that Acorn Robot, an embodied-manipulation company, recently closed an angel round led by China Merchants Venture Capital and NIO Capital, with the Tsinghua alumni seed fund following on. Only four months after a nearly 100 million yuan seed round in March, the two rounds together have raised several hundred million … Read more
For years, three words trailed SMIC wherever it went: behind, restricted, catching up. It could not buy the best tools, could not take the most advanced orders, and the market kept asking the same question: when would it close the gap with TSMC? For a company carrying the hopes of China’s domestic chipmaking, simply surviving … Read more
Zeng Yi’s office tea was refilled again and again as the conversation unfolded, a typical Guangdong reception: no need to sit stiff, but the matter was clear. He speaks with a Chaoshan accent, not fast, always finishing a sentence with a smile, eyes narrowing, leaning in, easy to relax around. Talk of AI and RISC-V … Read more
AI large models are evolving from a business and product into the infrastructure a company runs on. Past software and hardware firms organised by product, with AI as one function among imaging, voice, recommendation or interaction. After foundation models arrived, AI reached product definition, user interaction and service distribution. Teams once split by product must … Read more