With the stakes getting higher, industrial applications—often more lucrative—have attracted players to customize their products and services to meet tailored needs of end customers like power grid operators.
While Alibaba’s move is being closely watched, some industry experts remain skeptical about the need for exclusive hardware for AI agents.
Meanwhile, Yiwu’s trading footprint continued to widen geographically. The city conducted trade with 222 countries and regions in the January-February period, nine more than a year earlier.
Announced recently by the Zhejiang Development and Reform Commission, Zhoushan’s 64 projects will receive a combined 53.02 billion yuan in planned investments for 2026.
The initiative is reportedly the first dedicated policy package for AI-assisted OPC development issued by a market regulator in Zhejiang province.
The ability to recognize and process such cultural references represents a major leap forward in natural language understanding for AI assistants.
The city’s state-run science and technology innovation fund has partnered with five domestic investment managers to establish five sub-funds with a combined scale of 950 million yuan ($137 million).
This is not a scene from a sci-fi movie; it marks the first time AI-enabled robotic traffic officers were deployed at scale during a major marathon event in China.
Unitree’s IPO bid follows the success of Shenzhen-based UBTech, which was the first humanoid robotics company to list on the Hong Kong Stock Exchange in late 2023.
Unitree’s early years coincided with a difficult fundraising environment for bionic robotics. Shunwei was one of the first prominent VCs to back the startup.
