Genesis AI

Alibaba has revealed its first suite of AI models for robots, a move that says as much about where Chinese technology is heading as about the models themselves. The launch came as the industry pivots away from chatbots and towards agents, the systems meant to carry out complex tasks rather than just answer questions. At […]
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EngineAI, a Chinese maker of humanoid robots, has filed confidentially for an initial public offering in Hong Kong, Bloomberg reported on Friday, citing people familiar with the matter. The Shenzhen-based startup is working with China International Capital Corp and Citic Securities on the possible share sale. The company is only three years old. It raised […]

Dreame Technology, a Chinese maker of robotic vacuum cleaners, lawn mowers, and pool cleaners, is considering a Hong Kong initial public offering as soon as next year, according to Bloomberg. The company is working with advisers and could raise several hundred million dollars. The potential listing would add to a surge of Chinese tech companies choosing Hong […]

THEKER, the Barcelona-based AI robotics company, has raised €73 million ($85 million) in a Series A to scale its generalist factory robots across industrial production environments. The round was led by CRV, with participation from Samsung, LVMH, Cathay Innovation, 20VC, Henkel Ventures, Korelya, and Bright Pixel Capital. It marks Samsung’s first-ever investment in a Spanish […]

LG Electronics shares have quadrupled this year. The stock hit its 30% daily limit for a second consecutive session on Monday after reports that LG Group Chair Koo Kwang-mo will meet Nvidia CEO Jensen Huang on 5 June. The meeting will focus on expanding cooperation in physical AI. The rally began last week when LG […]

The first robot in Nvidia’s new research line is a collaboration with three flags on it. The body comes from China’s Unitree, the hands from Singapore-headquartered Sharpa, and the computing brain from Nvidia. After Jensen Huang’s keynote in Taipei on Monday, ahead of the Computex trade show, the company said it plans to repeat the […]

Foundation Future Industries, a San Francisco startup founded in 2024, sent two of its Phantom MK-1 humanoid robots to Ukraine earlier this year. The company described it as the first known deployment of humanoid robots in a combat theatre. The tests, backed by the US government and conducted with Ukrainian officials, focused on logistics in […]
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