AI闹

AI闹

@ainow

98 articles

Articles

Seven Post-'95 Scientists Take the Stage, Armed with Cutting-Edge Skills and Soaring Ambitions

Seven Post-'95 Scientists Take the Stage, Armed with Cutting-Edge Skills and Soaring Ambitions

"Professor Special" — three days to go. Hunter registration closes in less than 24 hours. 🕙 Tuesday, October 27, 7:30 PM 📍 Beijing · JUMP SEA (Dazhongsi location) <a target="_blank" class="js_poi_entry wx_poi_link" data-id="0.7125376880718826" data-poiid="4864616699501630323" data-districtid="" data-type="1" data-name="%E8%B7%B3%E6%B5%B7live(%E5%A4%A7%E9%92%9F%E5%AF%BA%E5%BA%97)" data-address="%E5%8C%97%E4%BA%AC%E5%B8%82%E6%B5%B7%E6%B7%80%E5%8C%BA%E5%8C%97%E4%B8%8B%E5%85%B3%E8%A1%97%E9%81%93%E5%8C%97%E4%B8%89%E7%8E%AF%E8%A5%BF%E8%B7%AF%E7%94%B218%E5%8F%B7%E9%99%A2%E4%B8%8B%E6%B2%89%E5%B9%B6"

ByteDance Gold Rushers: The Most Expensive Thing Is the Halo

ByteDance Gold Rushers: The Most Expensive Thing Is the Halo

Moses wandered forty years without reaching the Promised Land; ByteDance founders who've entered the wilderness find the hardest thing to escape is ByteDance itself.

Shandong Rebel, a King Who Won't Kneel

Shandong Rebel, a King Who Won't Kneel

Young people who "haven't accomplished a single thing of note, yet have already figured out how they'll be remembered as great."

After Unitree's IPO, what is Embodied Artificial Intelligence actually worth?

After Unitree's IPO, what is Embodied Artificial Intelligence actually worth?

After pouring hundreds of billions of yuan into the primary market, how to price embodied AI companies has become one of the venture capital world's biggest headaches in 2026. Unitree's IPO offered the humanoid robotics industry its first real valuation benchmark — within five trading days, its market cap nearly halved from a peak of 440 billion yuan. Before this, the global market had lacked a publicly listed company whose core business was humanoid robot manufacturing, with genuine profitability and order records. Three points merit attention. **First, the hundred-billion-yuan divergence.** For the same company, CITIC Securities assigned a fair market cap of 50.6–55.9 billion yuan over the next 6–12 months; CCB International, applying a 32x 2026 price-to-sales ratio, arrived at 269 yuan per share, implying 109 billion yuan; Nomura, using a 25x 2027 price-to-sales ratio, set a target price of 370 yuan, or roughly 149.6 billion yuan. All below Unitree's current valuation. Unitree trades at 134x sales, roughly 7x UBTECH's 19x and 15x the 9x multiple for China's robot component suppliers. The premium stems from two factors: one, the market treats Unitree as a technology company rather than a manufacturer, pricing in expectations of AI-driven industry transformation; two, "scarcity" — for the past two and a half years, UBTECH was virtually the only investable humanoid robot pure-play in the secondary market, commanding a premium despite cumulative losses exceeding 5 billion yuan over six years. But with Unitree now listed and at least 20 related companies queueing for IPOs this year, scarcity is depreciating rapidly. **Second, the two-year payback threshold.** Compared with远期市场规模, whether the unit cost of humanoid robots can

See You in Shanghai This Sunday! Global AI Art Hackathon After Party

See You in Shanghai This Sunday! Global AI Art Hackathon After Party

Starting September 12 More than 120 artists, developers, content creators, engineers, and designers will gather at the Zhangjiang AI Innovation Town for a 24-hour AI art hackathon September 13, 6:00 PM We didn't want it to end with just a "competition over" So we decided to open the doors 🎺 We're inviting 200 audience members to vote for the artists of the AI era using virtual gold coins The top 20 artworks from this hackathon will take the stage 🙋 Audience members can keep their paddles raised to "bid" helping their favorite artists and works win the grand prize Every art revolution brings new creators, new ways of seeing, and new markets Now, AI is bringing the next wave of change 🌈 September 13, Zhangjiang AI Innovation Town 📅 6:00 PM - 8:00 PM Final spots available — scan the QR code to register We invite you to step into 2036 and witness the birth of the first generation of AI-era artists