1 hr. ago
NurPhoto/Getty Images
German robotics startup Neura Robotics has announced its fifth acquisition in 16 months as it races to build a physical AI platform through acquisitions.
The company announced on Monday that it will take full ownership of Adlatus, a German maker of autonomous cleaning and sweeping robots for industry, logistics, healthcare and public ****** es.
Neura plans to add its own sensor and AI capabilities to Adlatus's fleet, which it will then fold into its shared physical AI infrastructure, the Neuraverse.
"We're not buying Adlatus just to add another cleaning robot to our portfolio," Neura CEO and founder David Reger said. "We want to give machines like this a new brain. Cleaning is a massive global labour market and, at the same time, a perfect example of what physical AI can transform. When a robot doesn't just navigate its environment but understands what it sees, senses, and needs to do, an entirely new generation of machines emerges."
#cleaning #robot #machines #nurphoto
German robotics startup Neura Robotics has announced its fifth acquisition in 16 months as it races to build a physical AI platform through acquisitions.
The company announced on Monday that it will take full ownership of Adlatus, a German maker of autonomous cleaning and sweeping robots for industry, logistics, healthcare and public ****** es.
Neura plans to add its own sensor and AI capabilities to Adlatus's fleet, which it will then fold into its shared physical AI infrastructure, the Neuraverse.
"We're not buying Adlatus just to add another cleaning robot to our portfolio," Neura CEO and founder David Reger said. "We want to give machines like this a new brain. Cleaning is a massive global labour market and, at the same time, a perfect example of what physical AI can transform. When a robot doesn't just navigate its environment but understands what it sees, senses, and needs to do, an entirely new generation of machines emerges."
#cleaning #robot #machines #nurphoto
2 hours ago
(Bloomberg) -- Xpeng Inc.'s robot unit plans to raise $900 million from investors including Alibaba Group Holding Ltd. and Tencent Holdings Ltd., bolstering the automaker's push into humanoid robots.
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#bloomberg #alibaba
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Canada Sees Long Trade War With US That May Last Beyond Midterms
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#bloomberg #alibaba
2 hours ago
Xpeng Inc (NYSE:XPEV), the Chinese electric vehicle maker, is raising more than $900 million for its robotics business, valuing the unit at more than $6.3 billion.
The EV maker claims this is the largest single-round private financing ever recorded in China's embodied AI industry.
The funding round is led by IDG Capital and includes Gaorong Ventures, while Alibaba and Tencent are participating as strategic investors, giving the unit substantial backing from China's technology industry.
Bloomberg reported that XPeng itself will invest $200 million in the robotics business, while external investors will provide $600 million and senior executives will contribute $100 million.
XPeng described the transaction as the largest single-round private capital raise to date in China's embodied artificial intelligence industry, which covers systems that use artificial intelligence to perceive and act in the physical world.
#robotics
The EV maker claims this is the largest single-round private financing ever recorded in China's embodied AI industry.
The funding round is led by IDG Capital and includes Gaorong Ventures, while Alibaba and Tencent are participating as strategic investors, giving the unit substantial backing from China's technology industry.
Bloomberg reported that XPeng itself will invest $200 million in the robotics business, while external investors will provide $600 million and senior executives will contribute $100 million.
XPeng described the transaction as the largest single-round private capital raise to date in China's embodied artificial intelligence industry, which covers systems that use artificial intelligence to perceive and act in the physical world.
#robotics
3 hours ago
BEIJING, Aug 24 (Reuters) - Chinese automaker Xpeng said on Monday its robotics unit had raised more than $900 million in its first funding round, setting a new record for a single private financing in China's embodied AI sector.
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
Gaorong Ventures, an early investor in autonomous driving company Momenta and humanoid robot startup AgiBot, also participated in the funding.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng has aimed to reach a monthly output of 1,000 units of its IRON humanoid robot by the end of the year, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
#robotics #funding #company
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
Gaorong Ventures, an early investor in autonomous driving company Momenta and humanoid robot startup AgiBot, also participated in the funding.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng has aimed to reach a monthly output of 1,000 units of its IRON humanoid robot by the end of the year, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
#robotics #funding #company
5 hours ago
SpaceX (NASDAQ: SPCX), Tesla (NASDAQ: TSLA), and Intel (NASDAQ: INTC) recently broke ground on the Terafab, the world's largest vertically integrated chipmaking factory. The massive plant is located in Grimes County, approximately 70 miles outside of Houston.
The initial phase of the Terafab will cost $16.8 billion, while its total costs across all phases could surpass $119 billion. Upon completion, the 100-million-square-foot facility will meet ******* eX and Tesla's projected computing demand of more than 1 terawatt per year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SpaceX and Tesla will fund the plant's construction, while Intel will support its development with its licensed chipmaking process and foundry operations. ******* eX and Tesla haven't disclosed the exact dollar-for-dollar equity split for the project, but ******* eX will absorb a larger portion of those costs because it will claim more of those chips. Approximately 75% of the Terafab's chips will be allocated to ******* eX's orbital data centers and satellite constellations, while the remaining 25% will power Tesla's Optimus robots, self-driving vehicles, and Cybercabs.
Those chips could help ******* eX achieve Elon Musk's ambitious goal of becoming the first company to generate over $1 trillion in annual revenue by 2030. To achieve that goal, ******* eX would need its Starlink, rocket launch, and AI businesses to grow exponentially.
#tesla #Intel #approximately
The initial phase of the Terafab will cost $16.8 billion, while its total costs across all phases could surpass $119 billion. Upon completion, the 100-million-square-foot facility will meet ******* eX and Tesla's projected computing demand of more than 1 terawatt per year.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
SpaceX and Tesla will fund the plant's construction, while Intel will support its development with its licensed chipmaking process and foundry operations. ******* eX and Tesla haven't disclosed the exact dollar-for-dollar equity split for the project, but ******* eX will absorb a larger portion of those costs because it will claim more of those chips. Approximately 75% of the Terafab's chips will be allocated to ******* eX's orbital data centers and satellite constellations, while the remaining 25% will power Tesla's Optimus robots, self-driving vehicles, and Cybercabs.
Those chips could help ******* eX achieve Elon Musk's ambitious goal of becoming the first company to generate over $1 trillion in annual revenue by 2030. To achieve that goal, ******* eX would need its Starlink, rocket launch, and AI businesses to grow exponentially.
#tesla #Intel #approximately
5 hours ago
JNJ trades at $270, inches from its $276 52-week high, with raised guidance and FDA robotic approval already priced into **** yst consensus.
JNJ's 32% YTD gain nearly triples SPY's 12% return, yet a trailing P/E of 31 leaves little margin for earnings disappointment.
Tremfya surged 71% and Darzalex topped $4 billion in Q2, but Stelara's 56% decline continues to pressure free cash flow toward a $21 billion target.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Johnson & Johnson didn't make the cut. Grab the names FREE today.
At $270.24, Johnson & Johnson (NYSE:JNJ) is a hold. The stock has run to within striking distance of its 52-week high of $276.47 after a raised guide and robotics approval, and the setup at this price deserves careful consideration rather than a reflexive chase.
#raised #analyst
JNJ's 32% YTD gain nearly triples SPY's 12% return, yet a trailing P/E of 31 leaves little margin for earnings disappointment.
Tremfya surged 71% and Darzalex topped $4 billion in Q2, but Stelara's 56% decline continues to pressure free cash flow toward a $21 billion target.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Johnson & Johnson didn't make the cut. Grab the names FREE today.
At $270.24, Johnson & Johnson (NYSE:JNJ) is a hold. The stock has run to within striking distance of its 52-week high of $276.47 after a raised guide and robotics approval, and the setup at this price deserves careful consideration rather than a reflexive chase.
#raised #analyst
14 hours ago
Healthcare investors often face a difficult decision when choosing between companies with very different paths to growth. Some businesses are emerging from temporary industry slowdowns, while others continue compounding through durable competitive advantages.
Danaher Corporation (NYSE:DHR) and Intuitive Surgical (NASDAQ:ISRG) illustrate that contrast perfectly. Danaher (NYSE:DHR) is beginning to benefit from improving life sciences spending after several challenging years, whereas Intuitive Surgical (NASDAQ:ISRG) continues to expand one of the healthcare industry's strongest recurring revenue businesses through robotic surgery. Both companies reported encouraging results, but the question for investors is whether a cyclical recovery or a structural growth story offers the better long-term opportunity.
The strongest argument supporting Danaher is that its recovery appears to be broadening. Its Life Sciences business delivered its strongest performance in several years, and although bioprocessing revenue was affected by customer project timings, the underlying order trends remained strong, with bioprocessing orders growing mid-teens in the quarter. This shows that the underlying demand for bioprocessing remained solid, including consumables and equipment necessary to make biologic drugs.
Danaher Corporation (NYSE:DHR) also stated that a little over $100 million of revenue has shifted into next year, primarily from the second and third quarters. This suggests that customer demand has been delayed rather than cancelled, potentially supporting future revenue growth.
Intuitive Surgical (NASDAQ:ISRG), by contrast, continues to benefit from the strength of a business model that has consistently generated growth regardless of broader industry cycles. Intuitive Surgical's (NASDAQ:ISRG) business model remains one of its biggest competitive advantages. Approximately 85% of total revenue came from recurring sources during the quarter, providing investors with significant revenue visibility as the installed base continues to grow.
#danaher #surgical
Danaher Corporation (NYSE:DHR) and Intuitive Surgical (NASDAQ:ISRG) illustrate that contrast perfectly. Danaher (NYSE:DHR) is beginning to benefit from improving life sciences spending after several challenging years, whereas Intuitive Surgical (NASDAQ:ISRG) continues to expand one of the healthcare industry's strongest recurring revenue businesses through robotic surgery. Both companies reported encouraging results, but the question for investors is whether a cyclical recovery or a structural growth story offers the better long-term opportunity.
The strongest argument supporting Danaher is that its recovery appears to be broadening. Its Life Sciences business delivered its strongest performance in several years, and although bioprocessing revenue was affected by customer project timings, the underlying order trends remained strong, with bioprocessing orders growing mid-teens in the quarter. This shows that the underlying demand for bioprocessing remained solid, including consumables and equipment necessary to make biologic drugs.
Danaher Corporation (NYSE:DHR) also stated that a little over $100 million of revenue has shifted into next year, primarily from the second and third quarters. This suggests that customer demand has been delayed rather than cancelled, potentially supporting future revenue growth.
Intuitive Surgical (NASDAQ:ISRG), by contrast, continues to benefit from the strength of a business model that has consistently generated growth regardless of broader industry cycles. Intuitive Surgical's (NASDAQ:ISRG) business model remains one of its biggest competitive advantages. Approximately 85% of total revenue came from recurring sources during the quarter, providing investors with significant revenue visibility as the installed base continues to grow.
#danaher #surgical
14 hours ago
Premium healthcare stocks often trade at elevated valuations for very different reasons. Thermo Fisher's (NYSE:TMO) investment case increasingly depends on whether the life sciences industry is emerging from its post-pandemic slowdown, while Intuitive Surgical (NASDAQ:ISRG) continues to hold a dominant position in robotic surgery through factors such as its highly recurring revenue model. Both companies delivered encouraging quarters, but the market is asking different questions of each.
The key issue for investors in this scenario is which premium valuation is better supported by long-term fundamentals.
Thermo Fisher's (NYSE:TMO) investment case increasingly depends on whether life sciences spending is finally emerging from its post-pandemic slowdown. Thermo Fisher Scientific Inc.'s (NYSE:TMO) quarter suggests that the recovery in life sciences spending is becoming increasingly broad-based. Management highlighted improving customer activity across pharmaceutical and biotechnology markets, while multiple operating segments returned to healthy growth. That broadening recovery is particularly important because earlier signs of improvement had been concentrated in bioprocessing, and stronger demand across multiple businesses suggests the recovery is becoming more durable.
Thermo Fisher Scientific Inc.'s (NYSE:TMO) Life Sciences Solutions segment reinforced the recovery narrative. Reported revenue climbed 13% year over year, while organic revenue rose 3%, led by continued strength in the high-margin bioproduction business. Healthy demand in this segment suggests pharmaceutical and biotechnology customers continue investing in biologic drug manufacturing, supporting management's view that end-market conditions are improving.
Perhaps the biggest positive from the quarter was the recovery in **** ytical Instruments, a business that had faced weak demand for nearly two years as biotechnology funding slowed. Its return to growth provides another indication that laboratory spending is beginning to normalize.
#suggests
The key issue for investors in this scenario is which premium valuation is better supported by long-term fundamentals.
Thermo Fisher's (NYSE:TMO) investment case increasingly depends on whether life sciences spending is finally emerging from its post-pandemic slowdown. Thermo Fisher Scientific Inc.'s (NYSE:TMO) quarter suggests that the recovery in life sciences spending is becoming increasingly broad-based. Management highlighted improving customer activity across pharmaceutical and biotechnology markets, while multiple operating segments returned to healthy growth. That broadening recovery is particularly important because earlier signs of improvement had been concentrated in bioprocessing, and stronger demand across multiple businesses suggests the recovery is becoming more durable.
Thermo Fisher Scientific Inc.'s (NYSE:TMO) Life Sciences Solutions segment reinforced the recovery narrative. Reported revenue climbed 13% year over year, while organic revenue rose 3%, led by continued strength in the high-margin bioproduction business. Healthy demand in this segment suggests pharmaceutical and biotechnology customers continue investing in biologic drug manufacturing, supporting management's view that end-market conditions are improving.
Perhaps the biggest positive from the quarter was the recovery in **** ytical Instruments, a business that had faced weak demand for nearly two years as biotechnology funding slowed. Its return to growth provides another indication that laboratory spending is beginning to normalize.
#suggests
1 day ago
Cathie Wood continued betting big on ******* eX on Friday. Her ARK Invest firm purchased over 200,000 shares of Elon Musk's ******* e company across multiple ETFs worth almost $27 million, according to company logs. Wood has long placed high value on Musk's companies, pumping hundreds of millions into investments in ******* eX (SPCX) and Tesla (TSLA) over the years. ARK Invest Buys…
8/21/2026 Nevada regulators voted Thursday to approve Las Vegas robotaxi permits for Tesla, Uber and Google's Waymo. They'll join Amazon's Zoox.
Get instant access to exclusive stock lists, expert market ******* ysis and powerful tools with 2 months of IBD Digital for only $20!
#elon
8/21/2026 Nevada regulators voted Thursday to approve Las Vegas robotaxi permits for Tesla, Uber and Google's Waymo. They'll join Amazon's Zoox.
Get instant access to exclusive stock lists, expert market ******* ysis and powerful tools with 2 months of IBD Digital for only $20!
#elon
1 day ago
UPS disclosed Monday that it is investing more than $2 billion across its international, healthcare, and supply chain solutions businesses, revealing the total figure for the first time. The investments began in 2024 and are set to continue through 2028, the company said.
Scott Szwast, UPS vice president of international strategy, framed the spending as an effort to build out capabilities that help customers in specialized sectors navigate increasingly complicated global supply chains. "These investments are really aligned to one of our big strategic areas of focus, which is creating capabilities to enable our customers, particularly in complex industries, to more effectively run their global supply chains," he told CNBC.
Among the initiatives are a new hub in the Philippines slated for this year, a facility in Ontario, Canada, due to open in 2027, and an air hub at Hong Kong International Airport scheduled for 2028. UPS has also opened a technology-enabled logistics center in Taiwan and an Amsterdam facility that integrates freight forwarding, customs brokerage, and cold-chain capabilities under one roof. The Taiwan facility has used automation and robotics to cut total supply chain time by one day, Szwast said. UPS also operates weekly service on the Paris–Hong Kong route and the Shenzhen–Sydney route, each running five days a week.
Szwast said that as global supply chains come under growing strain, companies have moved to spread risk across multiple sourcing and distribution points rather than relying on a single node, even as those same businesses push out new products with unfamiliar logistics demands faster than ever before. "What they find in a lot of cases is that their supply chains look more like their histories than their strategies," he said.
The $2 billion figure encompasses a previously announced $48 million buildout of 27 temperature-controlled facilities across the Americas, Europe, and Asia aimed at handling temperature-sensitive pharmaceuticals, including GLP-1 weight loss drugs. UPS said the healthcare initiative is part of its broader effort to grow in higher-margin logistics services.
#chains #facility #Logistics
Scott Szwast, UPS vice president of international strategy, framed the spending as an effort to build out capabilities that help customers in specialized sectors navigate increasingly complicated global supply chains. "These investments are really aligned to one of our big strategic areas of focus, which is creating capabilities to enable our customers, particularly in complex industries, to more effectively run their global supply chains," he told CNBC.
Among the initiatives are a new hub in the Philippines slated for this year, a facility in Ontario, Canada, due to open in 2027, and an air hub at Hong Kong International Airport scheduled for 2028. UPS has also opened a technology-enabled logistics center in Taiwan and an Amsterdam facility that integrates freight forwarding, customs brokerage, and cold-chain capabilities under one roof. The Taiwan facility has used automation and robotics to cut total supply chain time by one day, Szwast said. UPS also operates weekly service on the Paris–Hong Kong route and the Shenzhen–Sydney route, each running five days a week.
Szwast said that as global supply chains come under growing strain, companies have moved to spread risk across multiple sourcing and distribution points rather than relying on a single node, even as those same businesses push out new products with unfamiliar logistics demands faster than ever before. "What they find in a lot of cases is that their supply chains look more like their histories than their strategies," he said.
The $2 billion figure encompasses a previously announced $48 million buildout of 27 temperature-controlled facilities across the Americas, Europe, and Asia aimed at handling temperature-sensitive pharmaceuticals, including GLP-1 weight loss drugs. UPS said the healthcare initiative is part of its broader effort to grow in higher-margin logistics services.
#chains #facility #Logistics
1 day ago
NurPhoto/Getty Images
German robotics startup Neura Robotics has announced its fifth acquisition in 16 months as it races to build a physical AI platform through acquisitions.
The company announced today (Aug. 24) that it will take full ownership of Adlatus, a German maker of autonomous cleaning and sweeping robots for industry, logistics, healthcare and public ****** es.
Neura plans to add its own sensor and AI capabilities to Adlatus's fleet, which it will then fold into its shared physical AI infrastructure, the Neuraverse
"We're not buying ADLATUS just to add another cleaning robot to our portfolio," Neura CEO and founder David Reger said. "We want to give machines like this a new brain. Cleaning is a massive global labour market and, at the same time, a perfect example of what physical AI can transform. When a robot doesn't just navigate its environment but understands what it sees, senses, and needs to do, an entirely new generation of machines emerges."
#neura #german #announced
German robotics startup Neura Robotics has announced its fifth acquisition in 16 months as it races to build a physical AI platform through acquisitions.
The company announced today (Aug. 24) that it will take full ownership of Adlatus, a German maker of autonomous cleaning and sweeping robots for industry, logistics, healthcare and public ****** es.
Neura plans to add its own sensor and AI capabilities to Adlatus's fleet, which it will then fold into its shared physical AI infrastructure, the Neuraverse
"We're not buying ADLATUS just to add another cleaning robot to our portfolio," Neura CEO and founder David Reger said. "We want to give machines like this a new brain. Cleaning is a massive global labour market and, at the same time, a perfect example of what physical AI can transform. When a robot doesn't just navigate its environment but understands what it sees, senses, and needs to do, an entirely new generation of machines emerges."
#neura #german #announced
1 day ago
BEIJING, Aug 24 (Reuters) - Chinese automaker Xpeng said on Monday its robotics unit had raised more than $900 million in its first funding round, setting a new record for a single private financing in China's embodied AI sector.
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng plans to begin mass production of its humanoid robot, Xpeng IRON, by year-end, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
CEO He Xiaopeng announced in June that he would personally lead the robotics business as the electric vehicle maker, seen as one of the leading automaker-backed developers of humanoid robots, pushes towards mass production.
#mass #automaker #business
The funding round, led by IDG Capital and backed by strategic investors Tencent and Alibaba, values the robotics business at more than $6.3 billion, Xpeng said in a statement.
The proceeds will be used to develop robotics hardware and software, train and refine physical AI models, collect high-quality data, build end-to-end mass-production facilities, and support global expansion, the company said.
Xpeng plans to begin mass production of its humanoid robot, Xpeng IRON, by year-end, with initial deployments at its retail stores and industrial campuses. Commercial sales and deliveries in China and overseas markets are scheduled to begin in 2027.
CEO He Xiaopeng announced in June that he would personally lead the robotics business as the electric vehicle maker, seen as one of the leading automaker-backed developers of humanoid robots, pushes towards mass production.
#mass #automaker #business
2 days ago
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Investment bank JPMorgan Chase & Co. on Wednesday said that Tesla Inc. appears to be prioritizing the Cybercab over further scaling its Model Y robotaxi fleet.
Influencer and Tesla investor Sawyer Merritt took to the social media platform X, sharing a note released by JPMorgan following its meeting with the EV giant's management at its Fremont, California, facility. JPMorgan said that Tesla "expressed confidence in its ability to scale Cybercab in the near-term."
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#finance #investment #model
Investment bank JPMorgan Chase & Co. on Wednesday said that Tesla Inc. appears to be prioritizing the Cybercab over further scaling its Model Y robotaxi fleet.
Influencer and Tesla investor Sawyer Merritt took to the social media platform X, sharing a note released by JPMorgan following its meeting with the EV giant's management at its Fremont, California, facility. JPMorgan said that Tesla "expressed confidence in its ability to scale Cybercab in the near-term."
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#finance #investment #model
3 days ago
Tesla (NASDAQ:TSLA), the leading global electric vehicle (EV) and energy storage manufacturer closed at $362.86, up 5.14%. Investors were encouraged by Nevada's permitting of paid robotaxi service as they watched the autonomous ride-hailing rollout progress.
Trading volume reached 58.5 million shares, coming in about 39% above its three-month average of 42.1 million shares. Tesla IPO'd in 2010 and has grown 22,721% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,674, up 0.43%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,180, also up 0.43%. Among automotive and EV peers, Rivian Automotive (NASDAQ:RIVN) closed at $16.97, up 6.00%, and Ford Motor (NYSE:F) closed at $14.41, up 3.00%, with Tesla drawing extra attention thanks to robotaxi approvals.
Officials announced on Friday that the Nevada Transportation Authority has authorized three autonomous vehicle companies to offer passenger transportation using driverless cars within Clark County, which includes Las Vegas. Tesla has been permitted to operate a fleet of up to 5,000 fully autonomous vehicles in its first year, though it's unlikely the company will deploy that many.
Last week, reports said Tesla was preparing to launch its Cybercab in Austin later this month, beginning with rides for employees. Investors have been anticipating Tesla's fully autonomous ride-hailing fleet, and the stock is reacting to that progress.
In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. If you'd invested $5,000 then, you'd be sitting on $2,815,676 today.*
#investors #robotaxi
Trading volume reached 58.5 million shares, coming in about 39% above its three-month average of 42.1 million shares. Tesla IPO'd in 2010 and has grown 22,721% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,674, up 0.43%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,180, also up 0.43%. Among automotive and EV peers, Rivian Automotive (NASDAQ:RIVN) closed at $16.97, up 6.00%, and Ford Motor (NYSE:F) closed at $14.41, up 3.00%, with Tesla drawing extra attention thanks to robotaxi approvals.
Officials announced on Friday that the Nevada Transportation Authority has authorized three autonomous vehicle companies to offer passenger transportation using driverless cars within Clark County, which includes Las Vegas. Tesla has been permitted to operate a fleet of up to 5,000 fully autonomous vehicles in its first year, though it's unlikely the company will deploy that many.
Last week, reports said Tesla was preparing to launch its Cybercab in Austin later this month, beginning with rides for employees. Investors have been anticipating Tesla's fully autonomous ride-hailing fleet, and the stock is reacting to that progress.
In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. If you'd invested $5,000 then, you'd be sitting on $2,815,676 today.*
#investors #robotaxi
3 days ago
On August 13, Ondas (NASDAQ:ONDS) held its second-quarter earnings call, and the numbers explain why the stock has been getting attention. Revenue hit $83.8 million, more than thirteen times what the company generated in the same quarter a year earlier. Management didn't stop at reporting the number. It raised full-year guidance, pointed to a backlog that has grown elevenfold since the start of 2026, and said it now expects to exit the year at a $1 billion annualized revenue run rate. For a company built by stitching together drone and counter-drone technology companies, this was the quarter meant to prove the strategy actually works.
The headline number was revenue of $83.8 million, up 67% sequentially, but the more telling figure is that organic growth, stripping out the effect of acquisitions, ran at approximately 85% year over year. Ondas raised its full-year 2026 revenue target to a range of $525 million to $550 million and guided third-quarter revenue to $140 million to $155 million, which implies roughly 73% sequential growth at the midpoint. If that ramp holds through the fourth quarter, the company expects to finish 2026 at a $1 billion annualized run rate, putting it years ahead of the $1.5 billion target it had set for 2030.
Backlog and demand back up the guidance. Pro forma backlog stood at $757 million on June 30, up 66% sequentially from $457 million at the end of the first quarter, while the two-year strategic pipeline has swelled past $11 billion, more than 2.5 times what it stood in May. New orders kept arriving on top of that: $175 million booked during the quarter itself and roughly $105 million more already captured so far in the third quarter.
The growth isn't just acquisition math, either. Sentrycs, the counter-drone unit, posted pro forma revenue growth of about 298% year over year, 4M's demining and land intelligence business grew 258%, and Airobotics rose 112%. Rotron, added through acquisition, booked $34.2 million of orders in a single quarter against the $25 million of full-year 2026 revenue Ondas had underwritten when it bought the company. The balance sheet backs the ambition: cash and short-term investments reached $1.4 billion, up from $616 million at the end of 2025, leaving room to spend $325 million in the third quarter alone on the DZYNE and Cyberhawk acquisitions. Contract wins add further weight, including $240 million of orders under a $982 million U.S. Army unmanned strike contract awarded to Mistral, a $140 million combat engineering vehicle program for INDO Earth, and a new one-way attack system deal with Israel's Ministry of Defense. The company also added former Mossad Director David Barnea and retired four-star General Charlie Flynn to its leadership and advisory ranks.
#ondas
The headline number was revenue of $83.8 million, up 67% sequentially, but the more telling figure is that organic growth, stripping out the effect of acquisitions, ran at approximately 85% year over year. Ondas raised its full-year 2026 revenue target to a range of $525 million to $550 million and guided third-quarter revenue to $140 million to $155 million, which implies roughly 73% sequential growth at the midpoint. If that ramp holds through the fourth quarter, the company expects to finish 2026 at a $1 billion annualized run rate, putting it years ahead of the $1.5 billion target it had set for 2030.
Backlog and demand back up the guidance. Pro forma backlog stood at $757 million on June 30, up 66% sequentially from $457 million at the end of the first quarter, while the two-year strategic pipeline has swelled past $11 billion, more than 2.5 times what it stood in May. New orders kept arriving on top of that: $175 million booked during the quarter itself and roughly $105 million more already captured so far in the third quarter.
The growth isn't just acquisition math, either. Sentrycs, the counter-drone unit, posted pro forma revenue growth of about 298% year over year, 4M's demining and land intelligence business grew 258%, and Airobotics rose 112%. Rotron, added through acquisition, booked $34.2 million of orders in a single quarter against the $25 million of full-year 2026 revenue Ondas had underwritten when it bought the company. The balance sheet backs the ambition: cash and short-term investments reached $1.4 billion, up from $616 million at the end of 2025, leaving room to spend $325 million in the third quarter alone on the DZYNE and Cyberhawk acquisitions. Contract wins add further weight, including $240 million of orders under a $982 million U.S. Army unmanned strike contract awarded to Mistral, a $140 million combat engineering vehicle program for INDO Earth, and a new one-way attack system deal with Israel's Ministry of Defense. The company also added former Mossad Director David Barnea and retired four-star General Charlie Flynn to its leadership and advisory ranks.
#ondas
3 days ago
The world's largest chipmaker, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) reported July revenue of NT$467.58 billion, or about $14.5 billion, up by 45% from a year earlier. That's actually ahead of the company's own recently raised full-year guidance of slightly above 40% growth in dollar terms. Chairman C.C. Wei called AI-related demand "extremely robust." European chip stocks, including ASML, rose on the news even as the broader PHLX Semiconductor index sits roughly 15% below its June high.
TSMC's July numbers ran ahead of its own aggressive full-year guidance right as the rest of the chip sector has been selling off on worries about AI overspending.
That raises a fair question: is TSMC proving AI demand is still real, or is one strong month masking real cracks elsewhere?
July's 44.7% growth already outpaces Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)'s own raised guidance, which Quilter Cheviot **** yst Ben Barringer called "no mean feat," easing pressure on the rest of the summer. High-performance computing, the segment that houses AI chip production for customers like Nvidia and Google, made up 66% of TSMC's second-quarter revenue, showing AI is now the core business rather than a side bet. TSMC also raised its 2026 capital spending guidance to a record $60 billion to $64 billion, a clear signal it expects demand to keep growing rather than plateau.
Separately, TSMC and Sony are reportedly in talks to invest a combined $6.4 billion in a **** an image sensor plant targeting 2029 production, aimed at demand from AI robots and self-driving cars. It is a second long-term growth avenue beyond AI chips.
#semiconductor #tsmc #year #taiwan
TSMC's July numbers ran ahead of its own aggressive full-year guidance right as the rest of the chip sector has been selling off on worries about AI overspending.
That raises a fair question: is TSMC proving AI demand is still real, or is one strong month masking real cracks elsewhere?
July's 44.7% growth already outpaces Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM)'s own raised guidance, which Quilter Cheviot **** yst Ben Barringer called "no mean feat," easing pressure on the rest of the summer. High-performance computing, the segment that houses AI chip production for customers like Nvidia and Google, made up 66% of TSMC's second-quarter revenue, showing AI is now the core business rather than a side bet. TSMC also raised its 2026 capital spending guidance to a record $60 billion to $64 billion, a clear signal it expects demand to keep growing rather than plateau.
Separately, TSMC and Sony are reportedly in talks to invest a combined $6.4 billion in a **** an image sensor plant targeting 2029 production, aimed at demand from AI robots and self-driving cars. It is a second long-term growth avenue beyond AI chips.
#semiconductor #tsmc #year #taiwan
4 days ago
Headquartered in Boston, Massachusetts, Vertex Pharmaceuticals Incorporated (VRTX) is a biotechnology company that develops innovative medicines for serious diseases, including cystic fibrosis (CF), sickle cell disease, beta thalassemia, and acute pain.
Moreover, the company is building beyond its approved treatments with potential therapies targeting genetic and other complex conditions, including kidney, metabolic, and neuromuscular diseases.
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#including #headquartered
Moreover, the company is building beyond its approved treatments with potential therapies targeting genetic and other complex conditions, including kidney, metabolic, and neuromuscular diseases.
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#including #headquartered
4 days ago
On August 13, Applied Industrial Technologies (NYSE:AIT) held its fiscal fourth-quarter earnings call, and the numbers surprised even the company's own leadership. Organic sales grew 9.7%, the fastest pace in more than three years and a sharp jump from the 6% growth reported just one quarter earlier. For a distributor whose fortunes track the health of American manufacturing, that kind of acceleration is not a small thing, and it set up a call that ended with management raising its long-term ambitions rather than just its short-term guidance.
The breadth of the improvement stood out as much as the headline number. Twenty of the company's top 30 end markets posted positive year-over-year sales growth in the quarter, up from 17 last quarter and just 15 a year earlier, with metals, technology, utilities and energy, machinery, rubber and plastics, and pulp and paper leading the way. Automation sales jumped more than 20% year-over-year, the strongest growth in over four years, as customers lean into robotics, machine vision, and what management called physical AI.
The technology vertical now makes up more than 15% of the Engineered Solutions segment, with semiconductor demand and data center buildouts both contributing. The Service Center segment grew organic sales 8%, up from 4% last quarter, with 27 of 30 verticals positive. That segment has averaged 8% organic sales growth and 13% EBITDA growth over the past five years, a track record management pointed to as evidence the business is more durable than investors might ***** ume. All of that flowed through to the bottom line. EBITDA margin expanded more than 60 basis points to above 13%, EBITDA grew 16%, and SG&A expense fell to 18.6% of sales. The company generated $461 million in free cash flow for the year, returned $317 million to shareholders through buybacks, raised its dividend 11%, and used the momentum to lift its five-year targets, pushing the sales objective to $7 billion from $5.5 billion and the EBITDA margin goal to 14% from 13%.
The guidance Applied issued for fiscal 2027 tells a more cautious story than the quarter it just posted. Full-year sales growth guidance sits at just 4% to 6.5%, well below the 9.7% just delivered, with management citing tougher comparisons in the back half of the year and limited visibility into how trade policy and geopolitical dynamics evolve. Inside Engineered Solutions, flow control sales growth was muted in the quarter, weighed down by a difficult prior-year comparison and softer MRO activity across process end markets like chemicals and refining, both of which also declined outright for the year alongside lumber and wood and transportation.
#ebitda #management #organic #years
The breadth of the improvement stood out as much as the headline number. Twenty of the company's top 30 end markets posted positive year-over-year sales growth in the quarter, up from 17 last quarter and just 15 a year earlier, with metals, technology, utilities and energy, machinery, rubber and plastics, and pulp and paper leading the way. Automation sales jumped more than 20% year-over-year, the strongest growth in over four years, as customers lean into robotics, machine vision, and what management called physical AI.
The technology vertical now makes up more than 15% of the Engineered Solutions segment, with semiconductor demand and data center buildouts both contributing. The Service Center segment grew organic sales 8%, up from 4% last quarter, with 27 of 30 verticals positive. That segment has averaged 8% organic sales growth and 13% EBITDA growth over the past five years, a track record management pointed to as evidence the business is more durable than investors might ***** ume. All of that flowed through to the bottom line. EBITDA margin expanded more than 60 basis points to above 13%, EBITDA grew 16%, and SG&A expense fell to 18.6% of sales. The company generated $461 million in free cash flow for the year, returned $317 million to shareholders through buybacks, raised its dividend 11%, and used the momentum to lift its five-year targets, pushing the sales objective to $7 billion from $5.5 billion and the EBITDA margin goal to 14% from 13%.
The guidance Applied issued for fiscal 2027 tells a more cautious story than the quarter it just posted. Full-year sales growth guidance sits at just 4% to 6.5%, well below the 9.7% just delivered, with management citing tougher comparisons in the back half of the year and limited visibility into how trade policy and geopolitical dynamics evolve. Inside Engineered Solutions, flow control sales growth was muted in the quarter, weighed down by a difficult prior-year comparison and softer MRO activity across process end markets like chemicals and refining, both of which also declined outright for the year alongside lumber and wood and transportation.
#ebitda #management #organic #years
4 days ago
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Unitree Robotics' humanoid robots may give M3GAN a run for her money.
The Hangzhou-based company's product lineup includes bipedal bots that can do backflips, kung fu and more moves that plenty of humans (and their knees) can only dream of. The "Superman," which the company previewed this week, can jump 2 meters and run up to 12.66 meters per second.
While the robots have certainly captured the attention of the internet, they're exciting investors, too. Unitree raised roughly 6.1 billion yuan ($904 million) in its initial public offering, which was oversubscribed more than 8,000 times by retail investors, and shares skyrocketed 460% when the firm debuted on the Shanghai market Wednesday.
Sign up for The Daily Upside at no cost for premium ******* ysis on all your favorite stocks.
#investors #sign #daily #robots
Unitree Robotics' humanoid robots may give M3GAN a run for her money.
The Hangzhou-based company's product lineup includes bipedal bots that can do backflips, kung fu and more moves that plenty of humans (and their knees) can only dream of. The "Superman," which the company previewed this week, can jump 2 meters and run up to 12.66 meters per second.
While the robots have certainly captured the attention of the internet, they're exciting investors, too. Unitree raised roughly 6.1 billion yuan ($904 million) in its initial public offering, which was oversubscribed more than 8,000 times by retail investors, and shares skyrocketed 460% when the firm debuted on the Shanghai market Wednesday.
Sign up for The Daily Upside at no cost for premium ******* ysis on all your favorite stocks.
#investors #sign #daily #robots
4 days ago
Textron Inc. (TXT) is a diversified U.S. aerospace, defense and industrial company headquartered in Providence, Rhode Island. The company operates across aircraft, defense, industrial and finance businesses, with well-known brands including Bell, Cessna, Beechcraft, Textron Systems, E-Z-GO and Lycoming. Textron has a market cap of $14.8 billion, placing it among the large-cap names.
TXT shares have underperformed the broader market over the past year and in 2026. TXT has grown 8.3% over the past 52 weeks and declined 1% on a YTD basis. In comparison, the S&P 500 Index ($SPX) has surged 20.2% over the past year and 12.6% in 2026.
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#textron #company
TXT shares have underperformed the broader market over the past year and in 2026. TXT has grown 8.3% over the past 52 weeks and declined 1% on a YTD basis. In comparison, the S&P 500 Index ($SPX) has surged 20.2% over the past year and 12.6% in 2026.
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#textron #company
4 days ago
The autonomous driving industry is moving rapidly towards commercialization, with competition intensifying as firms race to commercialize robotaxi services both domestically and overseas. China, in particular, is gaining growing recognition as a major player in the autonomous driving race.
Driverless vehicles are becoming a common sight in China, with companies including Baidu, Inc. (NASDAQ: BIDU), WeRide and Pony AI Inc. (NASDAQ:PONY) operating commercial robotaxi services within select areas. The country's self-driving industry stands apart because it builds around a network of companies.
Autonomous vehicles are being made by established carmakers, specialists develop the software, and use the same batteries, sensors, and chips and as electric cars. The government is backing up the initiative through pilot programs, and China's complex traffic environment helps generate vast amounts of data to improve software.
In its latest endeavor, Chinese autonomous driving company Pony.ai has announced a planned and potential overseas robotaxi deployments of more than 4,000 vehicles, aiming to expand beyond China. This macro setup remains favorable for long-term demand, but profitability inherently depends on factors such as regulatory approvals, vehicle economics, and utilization.
A driverless vehicle navigating city traffic, equipped with ADAS and safety features.
#driving #vehicles #industry
Driverless vehicles are becoming a common sight in China, with companies including Baidu, Inc. (NASDAQ: BIDU), WeRide and Pony AI Inc. (NASDAQ:PONY) operating commercial robotaxi services within select areas. The country's self-driving industry stands apart because it builds around a network of companies.
Autonomous vehicles are being made by established carmakers, specialists develop the software, and use the same batteries, sensors, and chips and as electric cars. The government is backing up the initiative through pilot programs, and China's complex traffic environment helps generate vast amounts of data to improve software.
In its latest endeavor, Chinese autonomous driving company Pony.ai has announced a planned and potential overseas robotaxi deployments of more than 4,000 vehicles, aiming to expand beyond China. This macro setup remains favorable for long-term demand, but profitability inherently depends on factors such as regulatory approvals, vehicle economics, and utilization.
A driverless vehicle navigating city traffic, equipped with ADAS and safety features.
#driving #vehicles #industry
5 days ago
When a high-profile investor suddenly exits a stock, people immediately ******* ume something is wrong with the company. In Sandisk's (SNDK) case, the opposite appears to be true. A new regulatory filing shows that Situational Awareness — the AI-focused hedge fund run by former OpenAI researcher Leopold Aschenbrenner — built a large position in Sandisk during the second quarter, making it one of the fund's biggest holdings at more than $5.6 billion. Then an AI-based selloff hit in July, and the fund took heavy losses, forcing Situational Awareness to offload much of its public portfolio to Ken Griffin's Citadel.
The forced selling helps explain part of the brutal July slide for Sandisk, as from late June to late July, SNDK stock's price essentially halved. But this says nothing about the company itself. The selling came from a fund unwinding under pressure, not from anything breaking inside Sandisk's business. If anything, the fundamentals have become even stronger. Sandisk recently posted the best quarter in its history, with revenue up 372% from a year ago and record gross margins.
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#sandisk #company #quarter
The forced selling helps explain part of the brutal July slide for Sandisk, as from late June to late July, SNDK stock's price essentially halved. But this says nothing about the company itself. The selling came from a fund unwinding under pressure, not from anything breaking inside Sandisk's business. If anything, the fundamentals have become even stronger. Sandisk recently posted the best quarter in its history, with revenue up 372% from a year ago and record gross margins.
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#sandisk #company #quarter
5 days ago
Micron Technology's (MU) rally has cooled as the stock has pulled back 9.6% from its recent high, reflecting profit-taking and growing investor concerns. After a strong run over the past year, investors have locked in gains, while worries about intensifying competition and softer memory-chip pricing in the coming quarters have added to selling pressure.
While Micron stock has receded, its growth isn't slowing. Demand for DRAM and NAND memory remains strong, driven by continued investment in AI infrastructure and rising memory requirements across consumer products such as PCs, smartphones, automobiles, and robotics. These end markets are creating a broad-based demand environment for Micron's products.
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#micron
While Micron stock has receded, its growth isn't slowing. Demand for DRAM and NAND memory remains strong, driven by continued investment in AI infrastructure and rising memory requirements across consumer products such as PCs, smartphones, automobiles, and robotics. These end markets are creating a broad-based demand environment for Micron's products.
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#micron
5 days ago
Tesla (TSLA) is a global leader in electric vehicles, energy storage, and artificial intelligence, headquartered in Austin, Texas. Led by CEO Elon Musk, Tesla designs and manufactures EVs, energy storage systems, and solar products while aggressively expanding into autonomous driving, robotics, and AI infrastructure through its Full Self-Driving (FSD) software, Robotaxi network, and Optimus humanoid robot program. The company operates through two primary segments: Automotive, and Energy Generation and Storage. As Tesla transitions from a pure-play automaker into a broader AI and robotics powerhouse, it continues to invest heavily in manufacturing capacity, battery technology, and next-generation autonomous systems worldwide.
Tesla's stock has struggled in 2026, trading near the bottom of its 52-week range and below its 200-day moving average. Shares recently closed around $336.87, down sharply from a 52-week high of $498.83 set in June, though still above the 52-week low of $297.38 touched in late July. The stock has been pressured by margin compression, a negative free cash flow quarter, and investor anxiety over Tesla's massive AI and robotics capital spending, even as anticipation builds around the upcoming public Cybercab robotaxi launch in Austin and continued progress on Optimus humanoid robot production.
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#robotics #driving
Tesla's stock has struggled in 2026, trading near the bottom of its 52-week range and below its 200-day moving average. Shares recently closed around $336.87, down sharply from a 52-week high of $498.83 set in June, though still above the 52-week low of $297.38 touched in late July. The stock has been pressured by margin compression, a negative free cash flow quarter, and investor anxiety over Tesla's massive AI and robotics capital spending, even as anticipation builds around the upcoming public Cybercab robotaxi launch in Austin and continued progress on Optimus humanoid robot production.
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#robotics #driving
5 days ago
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter.
Robots are gaining steam in the construction industry, with two announcements this week highlighting the demand for these solutions on jobsites.
On Monday, global investment behemoth SoftBank threw its weight behind Gravis Robotics in a $200 million Series A funding round. That same day, Bedrock Robotics, founded by alumni from robotaxi firm Waymo, announced its machines were doing work on real jobsites for established contractors, including Sundt Construction and Zachry Construction.
Those are only the latest developments in the sector. Last year, "robot brain" maker FieldAI raised $405 million across two consecutive funding rounds. And Bedrock's latest jobsite announcement followed its February funding news, where it raised $270 million in a Series B round.
The focus on robots in construction demonstrates not only a desire from legacy investors to pursue automation in the sector, but the need of contractors to find labor — human or otherwise — to complete jobs. As Bedrock CEO Boris Sofman told Construction Dive earlier this week, "We are seeing increasing projects with millions of cubic yards of earth to be moved."
#dive #robotics #robots
Robots are gaining steam in the construction industry, with two announcements this week highlighting the demand for these solutions on jobsites.
On Monday, global investment behemoth SoftBank threw its weight behind Gravis Robotics in a $200 million Series A funding round. That same day, Bedrock Robotics, founded by alumni from robotaxi firm Waymo, announced its machines were doing work on real jobsites for established contractors, including Sundt Construction and Zachry Construction.
Those are only the latest developments in the sector. Last year, "robot brain" maker FieldAI raised $405 million across two consecutive funding rounds. And Bedrock's latest jobsite announcement followed its February funding news, where it raised $270 million in a Series B round.
The focus on robots in construction demonstrates not only a desire from legacy investors to pursue automation in the sector, but the need of contractors to find labor — human or otherwise — to complete jobs. As Bedrock CEO Boris Sofman told Construction Dive earlier this week, "We are seeing increasing projects with millions of cubic yards of earth to be moved."
#dive #robotics #robots
5 days ago
Shares in Unitree, one of China's largest manufacturers of humanoid robots, closed their first day of trading by more than 460%, showing strong investor appetite for China's robotics sector.
Unitree raised around $900 million in its IPO on Shanghai's STAR Market, the city's board for technology startups, at a valuation of $9 billion. After today's surge, Unitree is now worth around $66 billion, ahead of larger Chinese tech firms like Baidu and JD.com. It's also worth more than the most valuable U.S. robotics company, Figure AI, which got a $39 billion valuation in a September 2025 funding round.
Investors piling into Unitree represents the hype around China's robotics sector, which is responsible for almost all shipments of humanoid robots in the first half of the year. But ******* ysts views are mixed on how much potential companies like Unitree have: While the startup continues to push what their robots can do—recently, beyond human performance—continued struggles on the software side, as well as a recent U.S. ban on foreign-made robots, could weigh on the company's future.
Unitree reported 1.7 billion yuan ($252 million) in revenue in 2025, with almost 45% of that coming from overseas sales. It also generated 600 million yuan ($89 million) in profit last year. Most of Unitree's sales go towards research purposes, though some Chinese tech companies and state-owned enterprises are starting to explore using humanoid robots in their operations.
Unitree has been backed by fellow Hangzhou startup DeepSeek, as well as big tech firms like Alibaba, Ant Group and Tencent, as well as several state-backed investment funds.
Nomura, which gave a "buy" rating to Unitree shares on Wednesday, credited Unitree's "rapid product iteration and continuous innovation" as the foundation of a "first-mover advantage."
#billion #like
Unitree raised around $900 million in its IPO on Shanghai's STAR Market, the city's board for technology startups, at a valuation of $9 billion. After today's surge, Unitree is now worth around $66 billion, ahead of larger Chinese tech firms like Baidu and JD.com. It's also worth more than the most valuable U.S. robotics company, Figure AI, which got a $39 billion valuation in a September 2025 funding round.
Investors piling into Unitree represents the hype around China's robotics sector, which is responsible for almost all shipments of humanoid robots in the first half of the year. But ******* ysts views are mixed on how much potential companies like Unitree have: While the startup continues to push what their robots can do—recently, beyond human performance—continued struggles on the software side, as well as a recent U.S. ban on foreign-made robots, could weigh on the company's future.
Unitree reported 1.7 billion yuan ($252 million) in revenue in 2025, with almost 45% of that coming from overseas sales. It also generated 600 million yuan ($89 million) in profit last year. Most of Unitree's sales go towards research purposes, though some Chinese tech companies and state-owned enterprises are starting to explore using humanoid robots in their operations.
Unitree has been backed by fellow Hangzhou startup DeepSeek, as well as big tech firms like Alibaba, Ant Group and Tencent, as well as several state-backed investment funds.
Nomura, which gave a "buy" rating to Unitree shares on Wednesday, credited Unitree's "rapid product iteration and continuous innovation" as the foundation of a "first-mover advantage."
#billion #like
5 days ago
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter.
Robots are gaining steam in the construction industry, with two announcements this week highlighting the demand for these solutions on jobsites.
On Monday, global investment behemoth SoftBank threw its weight behind Gravis Robotics in a $200 million Series A funding round. That same day, Bedrock Robotics, founded by alumni from robotaxi firm Waymo, announced its machines were doing work on real jobsites for established contractors, including Sundt Construction and Zachry Construction.
Those are only the latest developments in the sector. Last year, "robot brain" maker FieldAI raised $405 million across two consecutive funding rounds. And Bedrock's latest jobsite announcement followed its February funding news, where it raised $270 million in a Series B round.
The focus on robots in construction demonstrates not only a desire from legacy investors to pursue automation in the sector, but the need of contractors to find labor — human or otherwise — to complete jobs. As Bedrock CEO Boris Sofman told Construction Dive earlier this week, "We are seeing increasing projects with millions of cubic yards of earth to be moved."
#robotics #week
Robots are gaining steam in the construction industry, with two announcements this week highlighting the demand for these solutions on jobsites.
On Monday, global investment behemoth SoftBank threw its weight behind Gravis Robotics in a $200 million Series A funding round. That same day, Bedrock Robotics, founded by alumni from robotaxi firm Waymo, announced its machines were doing work on real jobsites for established contractors, including Sundt Construction and Zachry Construction.
Those are only the latest developments in the sector. Last year, "robot brain" maker FieldAI raised $405 million across two consecutive funding rounds. And Bedrock's latest jobsite announcement followed its February funding news, where it raised $270 million in a Series B round.
The focus on robots in construction demonstrates not only a desire from legacy investors to pursue automation in the sector, but the need of contractors to find labor — human or otherwise — to complete jobs. As Bedrock CEO Boris Sofman told Construction Dive earlier this week, "We are seeing increasing projects with millions of cubic yards of earth to be moved."
#robotics #week
6 days ago
Pony.ai reported Tuesday that its overseas robotaxi deployment pipeline has grown to more than 4,000 vehicles, as the Chinese autonomous driving company accelerates its push into international markets.
Those vehicles are already under contract, though when each deployment goes live will depend on permitting, regulatory clearances, and other operational factors, Pony.ai CEO James Peng told ******* ysts on a post-earnings call, according to Reuters. Pony.ai offered no indication of when the full roster of planned international launches would be complete, and gave no figures on how many robotaxis it has actually put on the road outside China.
The total includes a contract with Uber for deployment of more than 2,000 robotaxis in Europe, the company said. Pony.ai did not disclose a breakdown of the remaining commitments across other markets.
Pony.ai announced the expanded Uber partnership last week, which builds on an existing commercial robotaxi service in Zagreb, Croatia, and adds four more European cities. Under the arrangement, Pony.ai contributes its autonomous driving technology and operational expertise, Uber provides its ride-hailing platform, and locally selected providers handle fleet tasks such as maintenance and charging.
Beyond Europe, Pony.ai said it has also advanced robotaxi operations in Luxembourg in collaboration with Bolt and Stellantis, and in Singapore made its robotaxi service available to the general public through ComfortDelGro's Zig app.
#international
Those vehicles are already under contract, though when each deployment goes live will depend on permitting, regulatory clearances, and other operational factors, Pony.ai CEO James Peng told ******* ysts on a post-earnings call, according to Reuters. Pony.ai offered no indication of when the full roster of planned international launches would be complete, and gave no figures on how many robotaxis it has actually put on the road outside China.
The total includes a contract with Uber for deployment of more than 2,000 robotaxis in Europe, the company said. Pony.ai did not disclose a breakdown of the remaining commitments across other markets.
Pony.ai announced the expanded Uber partnership last week, which builds on an existing commercial robotaxi service in Zagreb, Croatia, and adds four more European cities. Under the arrangement, Pony.ai contributes its autonomous driving technology and operational expertise, Uber provides its ride-hailing platform, and locally selected providers handle fleet tasks such as maintenance and charging.
Beyond Europe, Pony.ai said it has also advanced robotaxi operations in Luxembourg in collaboration with Bolt and Stellantis, and in Singapore made its robotaxi service available to the general public through ComfortDelGro's Zig app.
#international
6 days ago
Industrial automation may appear to be on the back burner for the artificial intelligence trade, which has lifted chip and memory names rather than robotics gear makers. Yet it may well be the next frontier as AI pushes into the physical world, making machine vision niche player Cognex (CGNX) an IBD 50 Stocks To Watch pick. Shares rallied into earnings on…
#watch #burner
#watch #burner
7 days ago
Wetour Robotics (WETO) shares have soared as speculative momentum takes hold of the physical artificial intelligence (AI) and wearable robotics company.
However, investors are advised to exercise caution as WETO is scheduled for an extraordinary general meeting (EGM) on Aug. 24, where shareholders will vote on a 100-for-1 reverse stock split.
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#nebius
However, investors are advised to exercise caution as WETO is scheduled for an extraordinary general meeting (EGM) on Aug. 24, where shareholders will vote on a 100-for-1 reverse stock split.
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#nebius
