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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Missed the AI rally? After bumper 600% market debut, Chinese robot maker Unitree's CEO still feels a software leap is years away

Chinese humanoid robot maker Unitree grabbed headlines after making a bumper stock market debut with a 600% premium over its IPO price in Shanghai, but its CEO feels that a major leap in humanoid robot software is still years away.

The shares of the company, which makes robots capable of running, dancing and performing martial arts, debuted at a whopping 600% premium over the issue price earlier this week in Shanghai, multiplying investors’ wealth. Its CEO said at an event that the industry is edging towards a "ChatGPT moment" for robot brains.

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