China approves Unitree’s Shanghai listing registration, valuing IPO at $619M
China’s securities regulator has approved Unitree Robotics’ registration to list on Shanghai’s STAR Market, clearing the last formal hurdle before the humanoid robot maker can price and sell shares. The approval, confirmed by Reuters on Thursday, values the planned offering at roughly $619 million, or about 4.2 billion yuan, a figure that lines up closely […]<br /> This story continues at The Next Web [...]
Rating
Innovation
Pricing
Technology
Usability
We have discovered similar tools to what you are looking for. Check out our suggestions for similar AI tools.
Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China
China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]
Unitree, China’s humanoid robot champion, lists in Shanghai on 19 August after record demand
Unitree Robotics, the Hangzhou company that has done more than anyone else to turn Chinese humanoid robots into a spectator sport, is due to begin trading on Shanghai’s STAR Market on 19 August, acc [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
CXMT prices a record $8.5bn Shanghai IPO, valuing China’s memory champion at $85bn
China’s biggest memory chipmaker is about to test the public markets. ChangXin Memory Technologies, known as CXMT, has priced its Shanghai IPO at 8.66 yuan ($1.28) a share, the South China Morning P [...]
The company that outsells Tesla on humanoid robots just unveiled a pilotable mecha. Unitree is filing for a $7 billion IPO.
Unitree Robotics has unveiled a 2.8-metre transformable mecha that a human pilot climbs inside and operates from an open cockpit in the torso. The GD01 walks on two legs, folds into a quadruped con [...]
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO
Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]
