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News

bloomingbit
en.bloomingbit.io > feed > news > 119788

Hyundai’s Chung Says Louisiana-Made Steel Should Be Used in Atlas, Eyes SpaceX Supply

1+ week, 2+ day ago   (295+ words) Euisun Chung, executive chair of Hyundai Motor Group, said steel produced at Hyundai Steel’s electric arc furnace mill in the U.S. should be used in products including Boston Dynamics’ Atlas robot. Chung made the remarks to reporters at the Hyundai…...

bloomingbit
en.bloomingbit.io > feed > news > 118717

Exclusive: Wonik Robotics Seeks About $217 Million as State Growth Fund Considers Investment

3+ week, 4+ day ago   (362+ words) Wonik Robotics is seeking **an investment of more than $217 million** from the **National Growth Fund** and other investors. If approved, the deal would become the **National Growth Fund’s first investment in robotics**, and would likely take the form of mezzanine…...

bloomingbit
en.bloomingbit.io > feed > news > 118636

China’s Unitree Jumps 460% in Shanghai Debut, Pressuring Korean Robot Stocks

3+ week, 5+ day ago   (420+ words) Unitree closed at 845 yuan on Aug. 19 after listing on Shanghai’s STAR Market, the exchange’s technology board. The IPO price was 150.8 yuan, leaving the stock up 460.34% at the close. The shares climbed as high as 1,100 yuan, or about $153, shortly after trading…...

bloomingbit
en.bloomingbit.io > feed > news > 118538

Unitree Perpetual Futures Surge Ahead of China Listing, Implying $40.5 Billion Valuation

3+ week, 6+ day ago   (202+ words) Perpetual futures tied to Chinese robotics company Unitree have surged in digital-asset trading ahead of the company's stock market debut. Bloomberg reported on Aug. 18 that Unitree perpetual futures on Hyperliquid (HYPE) were trading at about $100. That price implies a valuation…...

bloomingbit
en.bloomingbit.io > feed > news > 118533

LG, Nvidia Step Up Robotics Push as Madison Huang Leaves 'AMAZNIG LG' Message

3+ week, 6+ day ago   (291+ words) LG Electronics is accelerating its push into robotics with Nvidia. The company plans to deploy several hundred of its in-house LG CLOiD robots at a robot data factory under construction in Seoul's Yangjae area and use Nvidia's physical AI technology…...