Shanghai-based lidar company Hesai unveiled Kosmo, a 3D world data engine that captures physical environments and converts them into high-fidelity digital assets for robot training and world model development. Demonstrated at Kosmo AI Day on Oct. 14, the system generated over 10,000 training trajectories from a single scan and enabled a partner robot to achieve a 99% task-success rate after replacing hundreds of hours of manual modeling.
Investors told Caijing that AGIBOT was nearing completion of a RMB 1 billion–1.5 billion financing round. The robot maker did not provide a response on financing or IPO progress.
Chinese robotics startup Zhengxing Innovation launched its retail Physical AI solution at APRCE 2026 on October 8, featuring the H1 bipedal humanoid and C1 wheeled-arm robots designed for 24/7 convenience store human-machine collaboration. The Tsinghua-linked company plans commercial service in 2027 via direct purchase or Robotics-as-a-Service subscriptions.