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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
Unitree CEO says humanoid robots\' inflection point not far off, within 10 years at latest
The humanoid robot industry could face a “ChatGPT moment” in 2 to 3 years under ideal conditions, or in 5 to 10 years if progress is slow, Unitree CEO Wang Xingxing (Wang Xingxing) said at the World Robot Conference in Beijing. He set a goal of robots completing about 80 percent of tasks in new homes or workplaces using voice and text commands. He also pointed to technical limits and bottlenecks, while views on timing vary across the industry.
Industry
Nvidia unveils H2+ humanoid reference design with Unitree and Sharpa
Nvidia has unveiled its H2+ humanoid robot reference design in partnership with China’s Unitree Robotics and Singapore-based Sharpa Robotics. The system aims to standardise the full development process, from data collection and AI policy training to deployment in real-world settings. CEO Jensen Huang highlighted a shortage of first-person data as a key bottleneck for humanoid learning. The platform pairs Unitree’s H2 robot with Sharpa’s WAVE robotic hand and Nvidia’s Isaac GR00T model platform.