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DeepSeek to lead funding in robotics AI startup Winverse AI

DeepSeek plans to lead a funding round of tens of millions of dollars in robotics AI company Winverse AI, people familiar with the matter said. Meituan’s Longzhu Capital and others have also committed, valuing Winverse at about $400 million (2.7 billion yuan). The deal is not final and details could change. If completed, it would be one of DeepSeek’s largest startup investments since its 2023 founding. DeepSeek previously invested in Unitree Robotics, holding 0.2308%, or 933,399 shares, to co-develop embodied intelligence models. Founded in 2026, Winverse focuses on robot AI models. Founder Hu Han earned a bachelor’s degree from Tsinghua in 2008 and a PhD there in 2014. He was previously a Tencent Distinguished Scientist leading Hunyuan vision-language and embodied...

Briefs

DeepSeek releases V4.1 Flash; national supercomputing network launches API service

DeepSeek officially released V4.1 Flash on Sept. 10, with China’s National Supercomputing Internet launching API services for the model the same day. The platform has connected more than 30 computing centers and nearly 70 specifications of computing resources. Its AI community hosts over 1,800 open-source large models and provides access to APIs from domestic models including GLM, Qwen and Kimi.

Briefs

Briefs

  • Unitree Robotics' nine-month revenue rises 55.7%; Q3 net profit falls 17.4%

    China's Unitree Robotics said in a filing on Oct. 28 that revenue for the first nine months of 2026 rose 55.71% year on year to 1.817 billion yuan.Net profit attributable to shareholders jumped 270.54% to 387 million yuan, while net profit excluding non-recurring items fell 18.78% to 349 million yuan.In the third quarter alone, revenue rose 69.93% to 665 million yuan, but net profit attributable to shareholders fell 17.37% to 113 million yuan and non-recurring-adjusted net profit fell 17.42% to 105 million yuan.

  • UBTECH Signs MOU With China-EU Digital Association to Expand Humanoid Robot Cooperation in Europe

    Chinese humanoid robot maker UBTECH has signed a memorandum of understanding with the Brussels-based China-EU Digital Association, an international association promoting China-Europe cooperation in digital innovation and emerging technologies, to deepen cooperation in the European robotics market. The partnership aims to combine UBTECH's technology strengths with European industrial demand, promote the deployment of humanoid robotics across European industries, facilitate business partnerships and identify new industrial application opportunities.

  • Shenzhen Underwater Robot Maker CHASING Raises Nearly RMB100 Mln in C+ Round

    Shenzhen underwater robot company CHASING has completed a C+ funding round of nearly 100 million yuan ($14 million), with investors including Shenzhen Guangju Investment Holding (Group) Co., Ltd. and Zhejiang Yunchuang Qizhen, among others. Founded in 2016 by Zhang Xun, Zhou Changgen and Yang Yang, CHASING develops underwater robots. Zhang was previously a senior expert in Huawei’s core algorithm department, Zhou served as quality operations director of Huawei’s Japan region, and Yang was a project manager for Huawei HiSilicon’s mobile chip unit.

  • AGIBOT Sets Up Zhengzhou Embodied Intelligence Subsidiary

    AGIBOT has established AGIBOT Embodied (Zhengzhou) Intelligent Technology Co., Ltd., with Deng Taihua as legal representative and registered capital of 1 million yuan ($140,000), according to company registration information. The subsidiary’s business scope includes intelligent robot research and development, sales of service consumer robots and intelligent robots, and AI application software development. It is wholly owned by AGIBOT Innovation (Shanghai) Technology Co., Ltd., an affiliate of AGIBOT.

  • PHYMI Unveils First Physical Agent 'Sagi' for Real-World Tasks

    PHYMI has unveiled Sagi, its first Physical Agent product, positioning it as the company’s first “action partner.” The product carries PHYMI’s self-developed intelligence and is designed for open, dynamic real-world environments, focusing on goal-oriented long-horizon mobility and manipulation for high-frequency daily tasks such as pickup, delivery and carrying. PHYMI demonstrated Sagi in three scenarios—camping, office and community collaboration—including hauling equipment, delivering documents and carrying out delivery tasks.

  • OpenAI Reportedly Plans to Buy Google TPUs to Diversify AI Compute

    OpenAI is reportedly planning to purchase Google’s in-house artificial intelligence chips, known as Tensor Processing Units (TPUs), to expand its computing capacity and diversify its chip supply. The potential deal has not been finalized, according to reports. As demand for AI model training and inference continues to grow, OpenAI is seeking compute sources beyond Nvidia GPUs and is working with Broadcom to develop a custom AI chip codenamed “Jalapeno,” further building out its compute supply system.

  • AGIBOT Upgrades Genie Sim to Narrow Simulation-to-Real Gap for Embodied AI

    AGIBOT has upgraded its one-stop embodied intelligence simulation platform, Genie Sim, adding capabilities to simulate flexible objects and claiming 96.7% consistency between simulated and real-robot task performance. The platform uses Real2Sim real-world system identification, an in-house physics engine and world-model capabilities. It covers scene reconstruction, data collection, automated evaluation, post-training and open-world exploration, allowing simulation results to serve as a credible reference for real-robot performance.

  • Shanghai Logistics Robotics Startup Yincheng Intelligent Raises Nearly 100 Million Yuan in Series A

    Shanghai-based Yincheng Intelligent, which develops and applies embodied intelligence for the logistics sector, said it has completed a Series A funding round of nearly 100 million yuan. The round was co-led by Huamin Investment and Shanghai Semiconductor Industry Investment, with existing shareholder Detong Capital increasing its investment, the company said. Separately, Yincheng Intelligent said it has secured a hundred-million-yuan-scale order from SF Express. Its robots will first be deployed in the parcel feeding process at express transfer centers, with plans to deploy thousands of units over the next two years.
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