The rapidly expanding global robotics industry could require 363 TWh of electricity annually by 2035 – equivalent to the yearly consumption of around 35 million average US households – according to new research from Wood Mackenzie. The finding arrives as energy capacity planning is already under pressure from AI data centres, making robotics a second […]

Chinese robotics company Unitree has priced its initial public offering at a valuation of approximately $9 billion, becoming the country’s first mainland-listed humanoid robot manufacturer and highlighting growing investor interest in AI-powered robotics despite rising geopolitical tensions. The Hangzhou-based company said it has priced its Shanghai STAR Market IPO at 150.8 yuan ($22.34) per share, […]