INMO, the global smart-glasses brand, has closed its C3 round, led by the Sichuan Zhenxing Sci-Tech Innovation Fund with Jing’an Capital, Shibei Hi-Tech, Guangzhou Industrial Investment and several Sichuan government funds following. Combined with its earlier C1 and C2 rounds, the C series totals nearly 1 billion yuan, and the company says it has formally … Read more
In the first half of 2026, China’s artificial-intelligence start-ups raised more than 300 billion yuan, a sum that already exceeds the sector’s full-year 2025 total in just six months, according to IT Juzi. The figure spans embodied intelligence, chips and every ticket above and below the 100 million yuan line, and marks a clear acceleration … Read more
On 10 September, Unitree Technology’s shares fell below the 500 yuan level for the first time, touching 498.7 yuan intraday, a sharp comedown from its blockbuster debut. Unitree’s shares slipped below 500 yuan, erasing more than RMB 240 billion in market value. (Source: Gasgoo) By the late morning the stock stood at 500.49 yuan with … Read more
Kinetix AI, also known as Chaowei Dynamics, has closed a series of angel-plus rounds above RMB 500 million, led by Vertex Ventures under Temasek, with Fangguang Capital and Wanshi Capital adding funds, to speed its data-model-entity iteration and productise embodied intelligence. Kinetix AI closed a RMB 500 million-plus angel round for its embodied-intelligence stack. (Source: … Read more
Five days after Tesla put its production Cybercab into public Robotaxi service, early riders in Austin are split between awe and annoyance. Tesla’s wheel-less, pedal-less Cybercab has joined its Robotaxi fleet for public trials. (Source: CheDongXi) The Cybercab, revealed on 4 September, drops the steering wheel, pedals and mirrors entirely and relies on Tesla’s Full … Read more
China has published its 15th Five-Year Plan for the intelligent-connected new energy vehicle (NEV) industry, laying out the concrete targets that will define the country’s car sector through 2030. China’s newly published roadmap sets 2030 targets for its intelligent-connected NEV industry. (Source: CheDongXi) The plan, issued by the Ministry of Industry and Information Technology and … Read more
When notable investor Zhu Xiaohu stepped back from humanoid bets and turned to Harbin Engineering-linked Shihang, the deep-sea robot track drew fresh attention. A different Harbin Engineering spinout, DeepSea Intelligence, is taking the industrial deep-sea route, and it is moving to commercial scale faster. A RMB 500 million vote On 13 August, DeepSea Intelligence announced … Read more
As smart terminals race toward agentic AI, more functions run efficiently and safely on device. An agent can run dozens or hundreds of steps from one sentence, or act before you speak by sensing context and memory. That experience rests on the silicon, and the agent trend is pushing chips to evolve: more performance, less … Read more
On 1 September, Mech-Mind rang the bell on the Hong Kong exchange. The headline is a cornerstone book that reads like a roll call of smart money, led by Baillie Gifford, the Scottish house that backed Tesla and Nvidia, alongside Taikang, Jane Street, BYD’s Golden Link, Invus, Ghisallo, Ruihua, NGS Super and E Fund, who … Read more
At the Aggregated Intelligence Industry Conference on 9 September, Jin Bing, former deputy director of the State Post Bureau’s policy office, cited a striking figure: China’s humanoid exports and manufacturing account for 97 per cent of the global total. A Chinese humanoid robot production line at scale. (Source: Gasgoo) Just years ago the industry proved … Read more