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10/28(三)
Unitree sees quarterly profit jump, but AI investment weigh…
Leading Chinese robotics company Unitree Robotics on Wednesday reported a 69.93 per cent year-on-year increase in quarterly revenue to 665 million yuan (US$99.7 million), though net profits excluding non-recurring items fell 17.42 per cent to 105 million yuan, as the company released its first earnings since going public. The results for the three months ending September 30 showed a continued surge in research and development spending by the Hangzhou-based company, which jumped 249.58 per cent...
#Robotics#China#China technology#Technology#Unitree Robotics#China stock market

ByteDance goes on a hiring spree to move its robots from la…
ByteDance is accelerating its push into embodied artificial intelligence, stepping up recruitment for robotics talent as it seeks to move cutting-edge research out of the laboratory and into physical hardware. The Beijing-based owner of TikTok and Douyin is hiring for around a dozen robotics positions across hardware and software within its Seed team, the internal unit dedicated to AI research and large language model development, according to postings released on the company’s career website...
#ByteDance#Artificial intelligence (AI)#Robotics#Robotics: Companies#AI: Companies#AI: Industry Trends
