China's Unitree soars in market debut as investors bet on humanoid robots China's Unitree Robotics has soared in its market debut, a sign of investors' confidence in Chinese innovation in the burgeoning field of human-like robots. Shares of Unitree surged more than 620 percent on Wednesday as it began trading in Shanghai, lifting the Hangzhou-based company's market capitalisation to as high as 445 billion yuan ($66bn). Unitree, whose main competitors include China's AgiBot and US-based Tesla and Boston Dynamics, had priced its initial public offering at 50.8 yuan per share for a company valuation of about 61 billion yuan ($9bn). The landmark IPO marked the first listing of a humanoid robotics company in mainland China. Unitree, founded in 2016 by engineer Wang Xingxing, is one of China's leading makers of humanoid robots, with its demonstrations of human-like figures performing dancing and martial arts routines capturing widespread attention.

Things to Do in L.A. Tap to enable a layout that focuses on the article. This is read by an automated voice. Please report any issues or inconsistencies here . See more from the L.A. Times in Google Search. Attorneys representing State Farm said they discovered "nonexistent case citations which appear to have been AI hallucinations" across a recent batch of motions.

Analysts project sales of humanoid robots could rise from $2bn in 2025 to $300bn in 2035. Analysts project sales of humanoid robots could rise from $2bn in 2025 to $300bn in 2035. Company's robots have gained global fame via videos of them performing martial arts and as dancers for pop stars EDTLast modified on Wed 19 Aug 2026 04.44 EDT Unitree, the world's biggest humanoid robot maker, has made a spectacular entry on to China's stock market, with its shares surging by more than 600%. The Chinese company's robots have gained global fame via viral videos of them performing martial arts, running at Olympic speeds and serving as backup dancers for pop stars. Photograph: Adek Berry/AFP/Getty ImagesShares in the business, officially known as Yushu Technology Co, rose to as high as 1,100 yuan (£120.39) on Wednesday, up from an IPO price of just 150.8 yuan.

Robots have been a prolific theme in Japanese pop culture and media since the 1950s, which includes global icons like the, and ( 1). Perhaps not coincidentally, Japanese citizens have a positive outlook on robotic technologies and their use in the labor sector compared to many other nations ( 2); much to their advantage, as robotics continues to be a vital pillar for ensuring Japan's economic resilience and future growth. Here, we discuss priorities and long-term agendas as presented in Japan's national robotics strategies. Although weather control is among Japan's lofty research goals for the next 25 years ( 3), geological disturbances remain inevitable. As such, disaster mitigation and response are high priorities that serve as motivation for robotics development in Japan ( 4).

Image caption, Unitree's humanoid robots have been at the centre of a huge marketing push The world's biggest humanoid robot maker Unitree Robotics made its stock market debut in Shanghai on Wednesday, with its shares soaring by more than 600%. In the highly anticipated initial public offering (IPO), the firm's shares opened at 1,100 yuan (£120.60; The listing on the tech-focused Star Market - which is widely known as China's Nasdaq - marks a milestone for Beijing's ambitious plans for the country's robotics industry. It comes as the US and China are locked in a battle to dominate the global market for robots and artificial intelligence (AI) models that power them. Robots like automated industrial equipment and smart vacuum cleaners are already widely used in factories, warehouses and homes. Now, the humanoid robotics industry is attracting huge amounts of investment as major companies - including Tesla, BYD and Amazon - are developing two-legged machines capable of performing tasks usually carried out by people.

Long-term borrowing costs across some of the word's biggest economies hit fresh highs because of concerns over inflation, government debt levels and spending on Artificial Intelligence (AI). The interest rate on US borrowing over 30 years hit 5.33% on Tuesday, the highest since June 2007, meanwhile UK long-term debt reached 5.85%. There were similar moves in Germany and Japan. Interest rates on bonds - which are a type of debt - are known as yields and can directly affect the borrowing costs consumers pay on mortgages, car loans and credit cards. Rising oil prices are the main driver behind this recent surge in bond yields, as investors fear inflation could spike again. If that happens, central banks may choose to raise interest rates to cool inflation.

China's Unitree unveils'Superman' robot as fervor builds ahead of Shanghai debut SHANGHAI/BEIJING - China's Unitree unveiled a new high-speed robot it dubbed "Superman" on Monday, days before becoming the first general-purpose robotics company to list on mainland China's stock market. Unitree, the world's biggest humanoid-robot maker by sales, will start trading in Shanghai on Wednesday after raising 6.1 billion yuan ($905 million) in an initial public offering last week. The company, based in the eastern Chinese tech hub of Hangzhou, said it developed the new robot in just over three months. It achieved a standing jump of 2 meters and reached a top speed of 12.66 meters per second. The Shanghai debut coincides with the opening of the World Robot Conference in Beijing, adding to investor attention on a company whose humanoid robots have drawn global notice for running, dancing and performing martial arts. The IPO was more than 8,000 times oversubscribed by retail investors, a record for Shanghai's tech-focused STAR Market.

Donald Trump Jr. (left) and Eric Trump gesture outside the Nasdaq building after ringing the opening bell to celebrate the closing of ALT5's $1.5 billion offering and adoption of its $WLFI Treasury Strategy at the Nasdaq Market, in New York on Aug. 13, 2025. BOSTON - U.S. President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial intelligence models developed by Chinese companies the U.S. administration has flagged for national security concerns. WorldClaw, founded earlier this year, offers customers access to a suite of AI models and accepts World Liberty's crypto tokens as payment. The Trump family, through its ownership stake, earns revenue from the use of World Liberty's tokens. A review found that 43 of the 90 models available through WorldClaw's website -- nearly half -- were developed by Alibaba, Baidu, Z.ai and other Chinese technology companies the Trump administration says pose risks to national security and intellectual property. WorldClaw also offers access to dozens of models from U.S. firms such as OpenAI and Anthropic.

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From threats to the safety of poll workers to voters who can't distinguish between odds and results, prediction markets are already scrambling the political process. When Jim Allen, the elections director for Delaware County, Pennsylvania, recently ran a training session for poll workers, he began a conversation about a topic he'd never previously had to address during training: prediction markets . "There was one person who stood up, and they said, 'Well, what if we just want to make a minor bet on what turnout will be, that'll keep things interesting?' And we said: 'No, this is all bad,'" Allen, who oversees 383 precincts, recounts. As a result, Allen and the board of elections in Delaware County amended the oaths signed by people involved in elections to include "an affirmation that the workers have no direct or indirect interests in any bets, wagers, or prediction markets."