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Agility unveils new humanoid Digit 5 that stops and crouches when people approach

Agility Robotics has unveiled its next-generation humanoid robot, Digit 5, designed to slow or stop when it detects nearby people and to crouch and switch off its motors if someone keeps approaching. The company said the added safety functions aim to reduce the need for physical safety barriers so robots can work in the same space as humans. Agility said it has deployed Digit robots at nine customer facilities in North America and secured multi-year orders exceeding $300 million for Digit 5.

Industry

48 trillion won wiped out in three weeks as bubble warnings flash for China humanoid robot play Unitree

Shares of China humanoid robot maker Unitree Robotics fell below 500 yuan on Sept. 10, extending a sharp pullback about three weeks after its listing. Its market value has dropped by more than 240 billion yuan from its peak after an initial surge that briefly lifted its market capitalisation to about 445 billion yuan. Despite the fall, the stock still trades above its IPO price. Regulators are also seen tightening scrutiny of humanoid robot IPOs.

Industry

China\'s auto industry bets on humanoid robots as next growth engine, following Tesla

Chinese automakers are stepping up investment in humanoid robots as a next-generation profit business, seeking new revenue as electric-vehicle profitability declines. Xpeng\'s robotics unit raised more than $900 million at a valuation above $6.3 billion, with investors including IDG Capital, Gaorong Ventures, Tencent and Alibaba. Analysts say China has an edge in manufacturing and supply chains, but AI will determine competitiveness against Tesla. Global automakers are also expanding robot efforts.