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robotics

AMD to acquire World Labs for $8.2B as physical-AI interest grows

Illustration accompanying article: AMD to acquire World Labs for $8.2B as physical-AI interest grows
  • AMD has agreed to acquire World Labs, a developer of spatially intelligent AI models, for $8.2 billion, the latest sign of Silicon Valley's growing interest in applying AI to robotics and the physical world.
  • Nvidia CEO Jensen Huang said AI agents need access controls comparable to those given to human employees and introduced Nvidia's new open-source Open Agent Safety Platform.
  • Bernstein analysts said Chinese chipmaker YMTC overtook Micron, Kioxia and Sandisk in NAND flash revenue in the first quarter and lifted its gross margin to 77% from 35%.
  • DS Investment & Securities cut its estimate of SK Hynix's third-quarter operating profit to about 70 trillion won from about 78 trillion won, citing the won's strength against the dollar.
 2026-09-29 · 5 MIN READ

Unitree raises 6.1 billion yuan in Shanghai STAR market debut

Illustration accompanying article: Unitree raises 6.1 billion yuan in Shanghai STAR market debut
  • Unitree raised around 6.1 billion yuan ($904 million) in its Wednesday listing on the Shanghai Stock Exchange's Nasdaq-style STAR market, with shares priced at 150.80 yuan ($22.36) apiece, according to The Associated Press.
  • Shares of the humanoid robot maker, one of China's largest, soared as much as 629% in their public trading debut, and were still up nearly 500% as of midday.
  • Entrepreneur Wang Xingxing founded Unitree in 2016 in the eastern Chinese technology hub of Hangzhou.
  • Advanced robotics, often referred to as "embodied" artificial intelligence, is a key sector in the heated technology rivalry between China and the U.S., according to The Associated Press.
  • China leads the U.S. in humanoid robot production capacity and the ability to scale up manufacturing, the AP reported.
 2026-08-19 · 4 MIN READ
Trump proclamation sets 10% to 100% tariffs on drones by capability and origin