Robots poised for 'ChatGPT moment,' Unitree CEO says
Shares in China's best-known humanoid robot maker fell 11% on Thursday, a day after soaring nearly sixfold in their market debut, highlighting intense investor enthusiasm for a fledgling sector that enjoys strong backing from Beijing.
Unitree CEO Wang Xingxing anticipates a major breakthrough in humanoid robot technology akin to ChatGPT's impact on AI, as the industry edges closer to this pivotal moment. After the company's successful Shanghai listing, global investor interest in this emerging sector has surged, buoyed by strong support from Beijing. Unitree, a leading manufacturer of humanoid and robot dog models, aims to achieve an 80% success rate in carrying out everyday tasks through voice or text commands, marking a significant inflection point for the industry.
However, Wang remains cautious about the timeline, estimating that a major leap in robot software may take between two to three years under an optimistic scenario, or up to five to ten years at best. Chinese humanoid robots dominate the global market, with China accounting for 97% of all shipments, reflecting the government's ambition to lead in this domain.
Written by urgent.news from Economic Times Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Robots poised for ‘ChatGPT moment’, Unitree CEO says straitstimes.com
