[BUSINESS]■ STORY TIMELINE
CHINA BUILDS AI FINANCING LOOP WITH STATE-BACKED BUYERS
Chinese robotics firm Unitree Robotics surged 460% in its Shanghai IPO, reaching a $50 billion valuation. The Financial Times reports state-backed training centers are driving demand by purchasing robots and selling the resulting data back to manufacturers.
The Decoder+0m
Unitree Robotics rose 460 percent in its Shanghai IPO, hitting a valuation of around $50 billion. But an FT report shows…