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AgiBot to Take Control of Shangwei New Materials; Magic Atom Unveils Z1 Humanoid; xAI Launches Grok 4
AgiBot aims to acquire control of Shangwei New Materials, while Magic Atom releases the new bipedal robot MagicBot Z1. xAI officially launches Grok 4, and Meituan invests in Galaxea.
AgiBot's RMB 2.1 Billion Takeover Bid Sends Target Shares Up 107% in Four Days
AgiBot plans to acquire control of Shangwei New Materials for up to 2.1 billion RMB, causing its stock to surge 107% in four days. This move reflects the booming investment in Embodied AI and marks a significant milestone for humanoid robot manufacturing.
1X AI VP: Dancing Robots Are Cool, But Useless in the Home
In an interview with The Humanoid Hub, 1X AI Vice President Eric Jang discusses why dancing robots lack utility in home environments, highlights 1X's hardware-first strategy, and emphasizes the critical role of world models in embodied AI.
Meituan Leads Starry AI's Over $100 Million A4 and A5 Funding Rounds
Galaxea (Beijing) Artificial Intelligence Technology Co., Ltd. announced the completion of its A4 and A5 strategic funding rounds, totaling over $100 million. Long-Z led the A5 round, while Today Capital and Long-Z led the A4 round.
Didi Leads First Embodied AI Investment in Xiaoyu Intelligent Manufacturing's hundreds of millions of RMB Round
DiDi leads the Series A+ funding round for Beijing Xiaoyu Intelligent Manufacturing, marking its first investment in embodied AI. The company, founded by ex-Mi and Huawei talent, has previously secured backing from Xiaomi's Li Wanqiang and iFlytek.
AgiBot Unveils Lingxi X2-N Hybrid Robot; Tesla Pauses Optimus Production; Hong Kong Robotics Secures RMB 300 Million Order
This week's tech roundup covers AgiBot's new switchable wheel-leg robot, Tesla pausing Optimus production for design adjustments, Genesis AI raising $105M in seed funding, and Hubei launching a 10 billion RMB humanoid robot investment fund.
RobotEra Raises Nearly RMB 500 Million in Series A, Has Delivered Over 200 Robots
RobotEra announces completion of nearly RMB 500 million Series A funding led by CDH VGC and Haier Capital. The company has already delivered over 200 humanoid robot units this year and is expanding its global commercial footprint.
Tesla Halts Optimus Production, Casting Doubt on This Year's Mass Manufacturing Plans
Tesla halts procurement of Optimus parts to refine hardware and software, casting doubt on Musk's goal of 5,000 units this year.
Lingbao Raises Nearly RMB 100 Million for Humanoid Robots; Xiaomi Launches AI Glasses
Lingbao secures nearly 100 million RMB led by Lens Technology; Xiaomi launches AI glasses starting at 1,699 RMB after national subsidy; IO faces trademark lawsuit from IYO.
Preview of Huawei's unreleased HarmonyOS flagship TV at HDC
At the 2025 Huawei Developer Conference (HDC), we got a sneak peek at HarmonyOS's latest flagship smart TV. Discover features like app continuity, AI-based user recognition, and advanced interactive controls that are redefining home entertainment.
Unitree C Round, HarmonyOS 6 and Apple AI in China
This week's tech news: Unitree Tech completes C-round funding with a valuation exceeding 10 billion RMB; Huawei unveils HarmonyOS 6 at HDC 2025; Alibaba's Qwen3 open-sources 32 MLX models to accelerate Apple AI deployment in China.
Galbot Closes RMB 1.1 Billion Funding Round Led by CATL
Galbot has completed a new round of financing led by CATL totaling 1.1 billion RMB, setting a new record for single largest embodied AI funding in China this year.