3 d. ago Unitree to file IPO documents in fourth quarter for likely A

Unitree Robotics, the country’s top humanoid robot maker, said it would file documents to an onshore stock exchange in mainland China between October and December this year, suggesting it will soon go public. While the Hangzhou-based firm’s statement did not specify whether it was seeking a listing in Shanghai, Beijing or Shenzhen, a source familiar with the matter said that the company was eyeing an onshore initial public offering (IPO) as the first step. “At present, the company is actively...

Politics

4 d. ago Chinese humanoid robot maker UBTech gets US$1 billion funding boost

UBTech Robotics, a leading Chinese manufacturer of factory robots, has secured a credit line of up to US$1 billion from a Hong Kong investment firm to finance its production expansion, including a joint venture in the Middle East. The Hong Kong-listed company said in an exchange filing on Sunday it would receive funding from Infini Capital, an investment conglomerate headquartered in Hong Kong and Abu Dhabi. The support would come through share allocations, convertible bonds and expedited...

Economics

7 d. ago A Chinese robot vacuum maker is not only trying to build luxury EVs, but compete with Bugatti

A Chinese robot vacuum maker is not only trying to build luxury EVs, but compete with Bugatti  Electrek

Politics

1 week ago Chinese humanoid robotics firms adopt Nvidia’s new ‘robot brain’

Chinese humanoid robot makers – including Unitree Robotics, AgiBot, Galbot, Engine AI and UBTech Robotics – have become early adopters of Nvidia’s latest product that enables their machines to have real-time, intelligent interactions with people. The Jetson AGX Thor developer kit and production modules, which Nvidia launched on Monday, are computers designed to power robots across industries including manufacturing, logistics, transport, healthcare, agriculture and retail. Built on an Nvidia...

Politics

2 w. ago Drone leader DJI’s latest challenger is a Chinese robot vacuum maker

Dreame Technology, a Chinese brand known for its robot vacuum cleaners, is actively recruiting drone experts in what is seen as a move to compete with DJI, the dominant player in the market, amid growing competition from innovative hardware start-ups. The company is advertising at least 10 positions – including drone navigation modelling algorithm engineer, drone test pilot, drone operations sales director and business director for the pan-aviation industry – according to job postings on the...

Politics

4 w. ago Video: Beijing store stocks humanoid robots from over 40 Chinese brands

Video: Beijing store stocks humanoid robots from over 40 Chinese brands  The Globe and Mail

Politics

4 w. ago Beijing store stocks humanoid robots from over 40 Chinese brands

Beijing store stocks humanoid robots from over 40 Chinese brands  yahoo.com

Politics