A price-to-sales multiple near 200 times The other side of the headline matters. Public figures put Qianxun’s 2026 revenue target at about 100m yuan on roughly 200 units. A 20bn yuan valuation against 100m yuan of sales is a price-to-sales ratio close to 200 times. A company just starting to earn revenue is being priced … Read more
PaXini says cumulative funding has crossed 3.5 billion yuan, refreshing the global ceiling for tactile-sensing financing, as the company repositions itself from sensor maker to the data infrastructure of the Physical AI era. The round assembles a ‘four-in-one’ capital matrix spanning national financial capital, three regional AI-industry funds, leading market institutions and global industry giants. … Read more
From a 20 billion yuan unicorn to a fresh start The founder is Xu Huazhe, formerly co-founder and chief scientist of StarWeave, the embodied-AI company whose valuation blew past 20 billion yuan with close to 3 billion yuan raised. Xu left at the peak to build something new. His record is rare even in this … Read more
Four kinds of freedom Dobot says ’embodied omni’ rests on four dimensions. Spatial: the robot adapts freely to homes, shopping malls and campuses. Role: it switches identity with the person it meets, becoming a life companion, a sports playmate or a science tutor. Capability: it fuses vision, voice and movement so it moves from passive … Read more
In July 2026, Nature published a breakthrough: a UC San Diego team had doctors teleoperate a Unitree G1 humanoid to perform two laparoscopic gallbladder removals on live pigs — the first time a general-purpose humanoid did the main steps of standard laparoscopic surgery on a living subject. The trigger was Elon Musk. After his April … Read more
At WAIC 2026, Yuanli Lingji drew a crowd with an unusual demo: four desktop arms and two wheeled Apex robots worked 15 hours to assemble a 3.5-metre-by-1.5-metre Great Wall model from nearly 82,000 micro-blocks, some under 1 centimetre, at sub-millimetre precision. The point was not the toy. Founded by Tang Wenbin, co-founder and former CTO … Read more
Roland Berger’s new report, “Humanoid Robots 2026: The Convergence Moment of a New Market,” marks a shift in the debate. The question is no longer whether humanoids are a bubble, but who grabs the position if the industry actually takes off. Three variables converged at once. AI capability — vision-language models, generative AI, edge computing, … Read more
Galaxy General’s Galbot S1 has run 7×24 in CATL’s battery-pack lines for over 90 days, fully autonomous. The demo-to-production leap China’s humanoid race has been promising.