By Lao Yu'er, Edited by Yang Xuran Recently, a company that has not received massive attention but is also a key player in the important application of AI (Artificial Intelligence) is sprinting towards the capital market. Zhuhai KingSware Artificial Intelligence Co., Ltd. has submitted a new listing application to the Main Board of the Stock Exchange of Hong Kong (HKEX). This marks its second attempt after the initial filing on December 15, 2025, lapsed upon reaching the six-month validity perio
October 14, 2026
How long does it take from placing an order to receiving a dexterous hand frame? CCTV reporters, in collaboration with Dr. Sun Tianfu's team at the Shenzhen Institute of Advanced Technology, Chinese Academy of Sciences, conducted an experiment: "handcrafting" a dexterous hand capable of "picking up eggs in boiling water" in the Greater Bay Area. After finalizing the design drawings, mechanical structural parts were produced using industrial-grade 3D printing, and custom circuit boards were made
October 13, 2026
As Palantir gains attention, domestic enterprises have begun to study its technical architecture, Ontology, and AIP platform capabilities. The market's focus has also gradually shifted from individual product capabilities to a more specific question: Palantir organizes data governance, business modeling, AI applications, and software deployment into a full-stack system; do Chinese enterprises possess the conditions to adopt this system? Palantir's full-stack architecture has evolved through long
October 13, 2026
zhangtongshe.com Focusing on the fields of wafer-level optics and optical integration. Recently, Shanghai North Ocean Photonics Co., Ltd. (hereinafter referred to as "NOP") announced the completion of its Series C+ financing round of over CNY 1 billion. This marks the company's second major financing within less than a year, following the completion of a Series C round of several hundred million CNY earlier this year. Founded in December 2016, NOP focuses on wafer-level optics and optical integr
October 13, 2026
Author | Li Shuiqing, Editor | Mo Ying ZhiDongXi learned on October 12 that Infinigence AI (Infini-AI), a leading domestic AI-native infrastructure company, has recently completed its Series C funding round, raising CNY 2.3 billion and bringing its cumulative funding to CNY 4.3 billion. Both the single-round and cumulative funding amounts have set a new industry high for domestic AI Infra (AI Infrastructure). According to foreign media reports, the company is preparing for an IPO. Since its esta
October 13, 2026
Recently, the official website of the Shanghai Stock Exchange showed that the application of Jintuo Technology Co., Ltd. (referred to as "Jintuo Shares") for the issuance of A-shares to specific targets has been registered and taken effect. According to the fundraising prospectus, the company plans to issue no more than 81.5424 million shares to no more than 35 specific targets, with the total amount of funds raised not exceeding CNY 500 million. After deducting issuance expenses, all funds will
October 13, 2026
Produced by | Zhangtongshe Recently, Taiyi Liangsheng (Shanghai) Quantum Technology Co., Ltd. (hereinafter referred to as "Taiyi Liangsheng") has completed a new round of financing, with the cumulative financing exceeding CNY 1 billion. It has been less than four months since the disclosure of the CNY 300 million Pre-A round financing in June this year. This round of financing was led by existing shareholder Huakong, with the participation of investors such as Jinqiu Fund, Chengdu Gaoxin Vision
October 12, 2026
In early 2025, the daily rental price of a humanoid robot could surge to CNY 15,000. During the National Day holiday this year, the quoted price for the same Yushu robot on Xianyu is CNY 289 per day. Prices have collapsed by 98%. But what is more interesting than the price is that during this National Day holiday, nearly 30 embodied AI companies sent thousands of robots into scenic spots, shopping malls, and amusement parks—most of them are no longer dancing. They are selling goods, patrolling,
October 12, 2026
The embodied intelligence track has gained another strong contender. According to MIR, the first self-developed humanoid robot under Ronsaki Robot is about to be officially released at the China International Industry Fair (CIIF). Meanwhile, a matrix of products including dual-arm humanoid robots and intelligent loading and unloading embodied robot systems will also make a concentrated debut. Unlike embodied intelligence startups that focus on building robot bodies or targeting large models, Ron
October 12, 2026
Recently, the 2026 World Robot Conference (WRC) did something unprecedented in previous years: for the first time, it set up a "Procurement Day" to centrally arrange procurement negotiations and industrial chain matchmaking. Everyone must be curious about how the business negotiations went. Although specific orders cannot be known from the letters of intent, we can derive some insights from the publicly disclosed bidding and winning records of humanoid robots in August. In August 2026, there wer
October 12, 2026
Just three working days after the holiday, the AI industry has seen several new developments. We have selected the three most important and relevant ones to share our insights. Tech giants are exploring new pathways, next year's AI budgets are setting directions, and domestic open-source models face new thresholds for going global. Let's start with the two distinct approaches of Google and OpenAI. 01. Tech Giants Explore New Pathways, but the Problem of Insufficient AI Demand Remains Unsolved On
October 12, 2026
Text | Lao Yuer, Editor | Yang Xuran All it takes is saying "I want to go somewhere" to your smartphone or other smart terminals, and the AI will automatically understand your travel intent, help organize your itinerary, plan the route, and directly book a ride-hailing service. When you step out of your home, a Robotaxi is already waiting by the roadside. Without needing to operate any APP, the vehicle automatically takes you to your destination. Such AI-driven mobility, which once only existed
October 11, 2026
Building infrastructure for Physical AI is a marathon. Recently, ScanArk Technology (Shanghai) Co., Ltd. (hereinafter referred to as "ScanArk") announced the completion of its Pre-Angel round of financing. With this, the company has completed three rounds of financing—Seed, Seed+, and Pre-Angel—within four months, raising a cumulative total of tens of millions of CNY. Founded in November 2024 and registered in Yangpu, Shanghai, ScanArk is a Reality-to-Sim embodied intelligence infrastructure com
October 10, 2026
I attended the Apsara Conference recently, and Alibaba Cloud's AI computing hardware left a deep impression on me. Over the past few years, I have been closely following domestic computing power. I usually focus more on Huawei's Ascend and Kunpeng, as well as chips from vendors like Hygon, Moore Threads, MetaX, and Cambricon. To be honest, although I had heard of Alibaba Cloud's computing hardware, I hadn't paid much attention to it. Alibaba Cloud's approach is quite different from the vendors m
October 10, 2026
Hangjiashuo Robot On October 9, the China National Intellectual Property Administration announced the design patent for BYD's humanoid robot (authorization announcement number: CN310247768S). This marks the first official announcement of the design patent for "Xiao Di". However, this is not the first time the product's appearance has been exposed to the public—the robot made its global debut with a real machine at "Di Space" in Zhengzhou in August 2026 and has since entered regular service. Rele
October 10, 2026
Hangjiashuo Robotics Within a week, Litchi Lab, Basal Intelligence, LivSyn Robotics, and AgiSense Robotics have successively announced their financing. None of the four companies builds complete machines: one handles data, one handles models, one handles architecture, and one handles haptics—all are in the "infrastructure" business. 01. Four Deals in One Week: Capital Bypasses Complete Machines Litchi Lab secured an angel round plus an angel+ round, totaling hundreds of millions of CNY (accordin
October 10, 2026
Author | Chen Junda Editor | Mo Ying Over the past few years, AI development has been concentrated in the cloud: more parameters, more powerful models, and increasingly power-hungry computing centers. Today, a deeper shift is underway: AI is beginning to visibly diffuse from the cloud to edge devices. An increasing number of terminals, such as robots, autonomous vehicles, and smart vision devices, are acquiring their own AI capabilities. This trend is not hard to understand. Terminals are the cr
October 9, 2026
Written by | Hao Xin Edited by | Wang Pan Tracing the timeline, the progress of enterprise AI upgrades is far from slow. In 2023, the inaugural year of large models, the domestic market kicked off the "Hundred Models War," and enterprises began to ponder what large models could do. In 2024, as large model capabilities iterated rapidly, enterprises started experimenting with integrating AI capabilities, with applications like intelligent Q&A and document assistants being launched internally o
October 9, 2026
In late September, AMD acquired World Labs, co-founded by Li Feifei, in an all-stock deal worth USD 8.2 billion. This is the second-largest acquisition in AMD's history, bringing world models into the industrial spotlight in such an expensive manner for the first time. But the price only answers half the question: how much a company is willing to pay for this direction and whether this technology can actually work in factories are two different things. A Chinese company, ShadowAI, has given a di
October 9, 2026
On October 6, Agility Robotics hosted an Analyst and Investor Day. The core objective of this two-and-a-half-hour meeting was singular: to convince investors that a $150,000 humanoid robot can truly be profitable. 01. Starting at $150,000, Targeting $30,000 Agility COO Jen Hunter presented straightforward figures: the Bill of Materials (BOM) cost for Digit 5 at commercial launch will be approximately $150,000, which is more expensive than the currently available Digit 4 (around $125,000). The hi
October 9, 2026