China’s Weiyi Bets on Profitable Industrial Embodied-AI Robots Ahead of Hong Kong IPO
At WAIC on 17 July, Weiyi showed up with a range of industrial embodied-AI robots, and the pitch was that these machines are already in volume production, running in top-tier factories for over a year. No lab demos. The financials make the case. Per the prospectus, revenue rose from 221 million yuan in 2022 to … Read more