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China robot maker Unitree’s post-listing slump sparks bubble fears
2+ week, 6+ day ago (845+ words) HONG KONG/SHANGHAI, Aug 25 (Reuters) – A roughly 45% slump in the shares of Unitree, China’s best-known humanoid robot maker, since a more than fivefold jump on its Shanghai debut has triggered concerns about bubble risk, retail investor losses and flaws in…...
China puts robocops on traffic duty, minus the arrest powers
3+ week, 4+ day ago (499+ words) By Chenxi Yang, Qiaoyi Li and Eduardo Baptista HANGZHOU/BEIJING, Aug 20 (Reuters) – It is not quite the “RoboCop” of the 1987 movie: no gun, no power to arrest and wheels rather than the Hollywood cyborg’s mechanical stride. But at a busy…...
Robots poised for ‘ChatGPT moment,’ Unitree CEO says
3+ week, 4+ day ago (687+ words) By Eduardo Baptista, Ju-min Park and Laurie Chen BEIJING, Aug 20 (Reuters) – The CEO of Chinese humanoid robot unicorn Unitree said on Thursday the industry is edging towards a “ChatGPT moment” for robot brains, after the company’s blockbuster Shanghai listing crystallised…...
Unitree surges in Shanghai debut, a milestone for China’s humanoid robotics sector
3+ week, 5+ day ago (825+ words) By Samuel Shen and Eduardo Baptista SHANGHAI/BEIJING, Aug 19 (Reuters) – Shares in Unitree, China’s best-known humanoid robot maker, soared more than five-fold in their Shanghai trading debut, in a landmark moment for the country’s robotics sector which has become a…...