IPO
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IPO
Robotics' IPO Pipeline: Who's Actually Ready
Figure AI at a private $39B valuation and China's Unitree pursuing a Shanghai STAR Market listing represent two very different paths to a robotics IPO -- and neither looks genuinely ready by the disclosure standards Cerebras and SpaceX have just set.
AI
Humanoid Robots: Follow the Manufacturing Data, Not the Demos
AI
Humanoid Robots: Follow the Manufacturing Data, Not the Demos
Humanoid robot startups have raised $8.6B in 2026 alone, already 1.8x all of 2025 -- but the more useful signal is production data: Figure is shipping past 1,000 units and AgiBot has 15,000 cumulative units in the field.
AI
The Humanoid Robot Production Race Just Got Real
AI
The Humanoid Robot Production Race Just Got Real
Figure AI has now built 1,000 Figure 03 units and deployed over 10,000 across partner warehouses including BMW Spartanburg, while Tesla's Optimus V3 begins a low-volume Fremont ramp -- physical AI is shifting from demos to a real manufacturing race.
IPO
Unitree's IPO Gives Humanoid Robotics a Real Price Tag
IPO
Unitree's IPO Gives Humanoid Robotics a Real Price Tag
Unitree's Shanghai IPO, with secondary-market chatter running toward $14.8 billion against a $6.2 billion base, is about to give the humanoid-robotics sector its first transparent public price -- a sharp contrast to Figure's opaque $39 billion private mark.