Shafaqna English– The head of Unitree, a Chinese humanoid robot unicorn, stated on Thursday that the robotics industry is approaching a historic turning point for artificial intelligence in robots—comparable to the “ChatGPT moment.” His comments followed the company’s highly successful Shanghai stock market debut, which underscored China’s determination to dominate the next generation of AI‑driven machines.
The stock price of China’s leading humanoid robot company fell 11% on Thursday, one day after skyrocketing by almost 600% in its first trading session. The dramatic swing reflects strong speculative enthusiasm among investors for this nascent sector, which has been heavily backed by Beijing’s industrial policies.
Source: Reuters