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News
Former New Mexico lawmaker pleads guilty to diverting public school funds
1+ week, 2+ day ago (365+ words) Sheryl Williams Stapleton changed her plea during a hearing Friday, just three weeks after a federal jury convicted her of dozens of similar charges stemming from what prosecutors described as a yearslong scheme. State prosecutors filed money laundering, racketeering and…...
AI and robotics drive an IPO boom in China as Shein lists in Hong Kong
2+ week, 6+ hour ago (665+ words) In the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a blockbuster initial public offering raising $1.7 billion, in one of the city’s biggest new share sales…...
A Chinese humanoid robot sets a new 100-meter sprint record at Beijing Games
2+ week, 5+ day ago (184+ words) The race was part of China’s World Humanoid Robot Games, an Olympic-style competition now in its second year in Beijing. The event is also a showcase for China’s rapid advances in robotics amid an intensifying technology rivalry with the U....
Chinese robot Tiangong clocks sub-9 second 100 metres in Beijing
2+ week, 5+ day ago (443+ words) By Eduardo Baptista, Tingshu Wang and Alessandro Diviggiano The time was more than seven-tenths of a second faster than the 9.58-second men’s human world record set by Jamaican sprinting great Usain Bolt in 2009. Tiangong Ultra, developed by the Beijing Humanoid…...
China robot maker Unitree's post-listing slump sparks bubble fears
2+ week, 6+ day ago (854+ words) The wild swings in Unitree’s valuation – soaring to $66 billion at one point and later plunging by $30 billion – have led to questions about whether enthusiasm for AI and robotics has outpaced fundamentals. The post-listing selloff in the company, one of the…...
Xpeng's robotics unit valued at over $6.3 billion after record funding round
2+ week, 6+ day ago (269+ words) The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement. Gaorong Ventures, an early investor in autonomous driving company Momenta and humanoid…...
Chinese humanoid robots smash human records in 100m sprint and high jump at Beijing robot games
3+ week, 1+ day ago (543+ words) More than 2,000 humanoid robots were participating in the event, the organizer said. The five-day games, now in its second year, are a spectacle demonstrating China’s rapid progress in advanced robotics as the technology race with the U.S. heats up, with…...
From science fair to strategic showcase: a decade of China???s robot games
3+ week, 2+ day ago (745+ words) BEIJING, Aug 22 (Reuters) – It’s been called the Robot Olympics. But unlike the human Olympics, Team China is collecting almost all the medals. Over the past decade, robotic competitions in China have provided a window into the advances of a now-surging sector…...
Germany's VDMA lobby calls on Europe to step up on humanoid robotics as Unitree surges
3+ week, 4+ day ago (180+ words) • Shares in Unitree, China’s best-known humanoid robot maker, soared in their Shanghai trading debut, in a landmark moment for the country’s robotics sector, which has become a battleground in the Sino-U.S. tech war. • Global humanoid robot shipments nearly quadrupled…...
From robot dogs to helpers, China puts robotics ambitions on display at world conference
3+ week, 4+ day ago (250+ words) China kicked off the 2026 World Robot Conference on Wednesday, with companies showcasing the country’s expanding robotics industry as it looks to move the technology beyond demonstrations and into factories and other real-world applications. Organizers say around 3,000 products will be showcased…...