Unitree shares fall 45% from their debut peak, wiping out $30bn
Unitree shares fall 45% from their debut peak, wiping out $30bn

Unitree’s shares have fallen roughly 45% from the peak they hit on their first day of trading in Shanghai. The slide has turned a national success story into an argument about how China prices its listings. The stock steadied on Tuesday after three con…

Fresh from €1.2bn, NEURA buys its second company in eleven days
Fresh from €1.2bn, NEURA buys its second company in eleven days

NEURA Robotics is buying a company that makes cleaning robots, and says it wants to replace their brains. The German firm is acquiring 100% of Adlatus Robotics, an Ulm maker of autonomous cleaning and sweeping machines. It announced the deal on Monday,…

XPENG’s robotics arm has raised more than $900M ahead of its humanoid production run
XPENG’s robotics arm has raised more than $900M ahead of its humanoid production run

XPENG said on Monday that its robotics business has raised more than $900M in what the company described as its first funding round, a substantial sum for a unit that has yet to sell a single robot commercially. The timing is deliberate, since the Chin…

Galbot Robots complete 100 consecutive rallies against a tennis champion
Galbot Robots complete 100 consecutive rallies against a tennis champion

Galbot says its robot completed more than 100 consecutive autonomous tennis rallies against former world number 15 Zheng Jie at the World Humanoid Robot Games in Beijing. The rally count, the autonomy claim and the robot’s identity all rest on the comp…

A humanoid robot just beat Usain Bolt’s 100m record, and roboticists are unimpressed for good reason
A humanoid robot just beat Usain Bolt’s 100m record, and roboticists are unimpressed for good reason

A robot built by Beijing’s X-Humanoid ran 100 metres in 9.39 seconds at the World Humanoid Robot Games, beating Usain Bolt’s 9.58-second record. Roboticists point out that speed on a known course is far easier for a machine than folding laundry. A mach…

China’s robot traffic police can do almost everything except stop you
China’s robot traffic police can do almost everything except stop you

China’s robot traffic police can direct cars, scold jaywalkers, and give a lost tourist directions to the nearest metro station. What they cannot do is stop anybody, and that limitation is written into the design rather than left to the machine’s discr…

Unitree’s founder says robots are nearing a ‘ChatGPT moment’
Unitree’s founder says robots are nearing a ‘ChatGPT moment’

Wang Xingxing spent Thursday morning at the World Robot Conference in Beijing telling the room that humanoid robots are approaching their “ChatGPT moment”. He spent another part of the same appearance explaining why that moment might still be a decade …

Waymo pioneer Sebastian Thrun is building a stealth robotics startup
Waymo pioneer Sebastian Thrun is building a stealth robotics startup

Sebastian Thrun, one of the pioneers of self-driving cars, is building a new robotics startup called Dulo. The company is still in stealth, and Thrun revealed little about it, Business Insider reported. Rya Jetha wrote that he named the venture at the …

IEEE Presidents’ Scholarship Honors Teen Innovators
IEEE Presidents’ Scholarship Honors Teen Innovators

About 16 percent of the global population—more than 1 billion people—live with some form of disability, according to the World Health Organization. Many of the disabilities affect independence and mobility.Three high school students working on inventi…

Unitree, China’s humanoid robot champion, lists in Shanghai on 19 August after record demand
Unitree, China’s humanoid robot champion, lists in Shanghai on 19 August after record demand

Unitree Robotics, the Hangzhou company that has done more than anyone else to turn Chinese humanoid robots into a spectator sport, is due to begin trading on Shanghai’s STAR Market on 19 August, according to Reuters. The listing makes it the first gene…