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Figure Valuation Soars to 270 Billion RMB; Unitree Open-Sources 'Trump Card' Tech; Nvidia Invests 35.5 Billion RMB in Intel | Electric Wave Weekly Report
This week's tech highlights include Figure AI securing over $1 billion in funding with a post-money valuation of $39 billion, Unitree open-sourcing its UnifoLM-WMA-0 architecture for embodied AI, and Nvidia investing $5 billion in Intel to collaborate on chip development.

Unitree Launches IPO; UBTECH Wins Nearly 100 Million RMB Order; Langyi Robotics Completes Angel Round | Electric Wave Weekly
Unitree files for IPO after breaking 1 billion RMB in annual revenue; UBTECH secures major procurement contract and unveils Walker S2 with autonomous battery swapping; Langyi Robotics raises angel funding for embodied AI navigation.

Lingbao Raises Nearly 100 Million RMB in Angel+ Round; Xiaomi AI Glasses Launch; OpenAI Faces Lawsuit | Weekly Tech Roundup
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.