Microsoft CEO Nadella Visits Domestic Robots at CES 2024


Xihu Robotics, the first technology transfer project in the field of artificial intelligence and robotics at West Lake University, has completed four rounds of financing in half a year, accumulating approximately 500 million yuan. The latest A round was led by Haiyuan Capital with nearly 100 million yuan, and the funds will be used for the development of a unified large model for humanoid robots and the construction of a talent cultivation base. The founders include West Lake University's tenure professors such as Wang Donglin.
Wang Xingxing, CEO of Unitree, stated that the listing is a new starting point. In the future, the company will focus on core technology research and industrial applications of general-purpose embodied intelligent robots, and promote robots entering social service scenarios. Key efforts will be directed towards embodied large models, scenario data collection and analysis, reinforcement learning, body models, self-researched core components, and high-performance actuation mechanisms, accelerating the innovation of software and hardware integration.
On Aug 6, Unitree Robotics, the “first humanoid robot stock,” set its IPO price at 150.8 yuan/share. DeepSeek, as a strategic investor, was allocated 933,400 shares for about 141 million yuan, with a 36-month lock-up. Strategic investors include long-term institutions, partners, and sponsor co-investors.....
Yushu Technology started the preliminary inquiry for its Sci-Tech Innovation Board IPO on August 5th, determined the issue price and valid quotation on the 6th, started the subscription on the 10th, and the payment deadline is on the 12th. The company plans to issue 40.4464 million new shares.
Humanoid robots have gone from stumbling to dancing and fighting in just a few years, and the critical point from being able to move to being able to work is approaching rapidly. On July 22nd, at the Digital Silk Road Development Forum held in Xi'an, 2026 World Internet Conference, Wang Xingxing, CEO of HuaZhu Technology, proposed an aggressive timetable: the 'ChatGPT Moment' of embodied intelligence will arrive as early as two or three years from now, at which time robots will truly have the capability to work and overcome the high barrier to practical application.