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News
Chinese robotics giant Unitree surged as much as 629% in its blockbuster market debut
3+ week, 5+ day ago (484+ words) Chinese investors are going wild for humanoid robots. Shares in Unitree, a Chinese robotics company known for its dancing and backflipping humanoid robots, soared as much as 629% on Wednesday in its trading debut, before closing at 845 yuan ($125), up 460%. The Hangzhou-based…...
Prosus, chaired by South African billionaire Koos Bekker, bets on $20,000 robots as AI’s next frontier
3+ week, 3+ day ago (986+ words) Prosus, the global technology investor majority-owned by South Africa’s Naspers, is positioning itself for a new wave of artificial intelligence that could move robots from controlled factories into warehouses, businesses and other workplaces. The Amsterdam-listed company said in a new…...