Unitree Robotics rose 460 percent in its Shanghai IPO, hitting a valuation of around $50 billion. But an FT report shows much of the demand for its robots comes from state-backed training centers that buy the machines and sell the resulting data back to the manufacturers, a circular business model that echoes the Nvidia criticism in the US.

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Unitree Robotics’ initial public offering has reportedly been oversubscribed more than 5,000 times as investors scramble for shares in one of China’s best-known humanoid robot manufacturers. The Hangzhou-based company priced its IPO at 150.8 yuan ($22.4) per share, raising approximately $900 million and giving Unitree a valuation of around $9 billion, according to CNBC. Demand […]

Chinese robotics company Unitree has priced its initial public offering at a valuation of approximately $9 billion, becoming the country’s first mainland-listed humanoid robot manufacturer and highlighting growing investor interest in AI-powered robotics despite rising geopolitical tensions. The Hangzhou-based company said it has priced its Shanghai STAR Market IPO at 150.8 yuan ($22.34) per share, […]

Chinese robotics company Unitree Technology expects strong revenue growth in the first half of 2026 as demand for humanoid robots and embodied AI continues to increase, according to reports by DigiTimes and AFP. The company expects first-half revenue of about CNY1.1 billion ($156 million), representing year-on-year growth of between 35.6 percent and 45.4 percent, the […]

China has threatened to retaliate against new US restrictions on foreign-produced humanoid robots, warning that the measures will damage economic and trade relations between the world’s two largest economies. The response comes after the US Federal Communications Commission (FCC) added foreign-produced advanced robotic devices, including humanoids and quadrupeds, to its Covered List, preventing new models […]

Chinese companies represent almost 70 percent of the global humanoid robot market Chinese humanoid robot manufacturers could face a significant setback in one of the world’s largest technology markets after the US Federal Communications Commission (FCC) moved to block new foreign-produced advanced robotic devices from receiving equipment authorization. The move follows a determination by US […]