A BlueRun Ventures portfolio company delivered a striking glimpse of AI's next evolutionary leap at WAIC.
Evolution, Toward the Future
From July 26 to 28, the annual World Artificial Intelligence Conference (WAIC) took place in Shanghai.
BlueRun Ventures treats artificial intelligence as an absolute strategic priority, with systematic layout across the full stack from foundational AI models to applications. We were thrilled to see a number of BlueRun portfolio companies in the AI space shine at WAIC 2025, bringing cutting-edge exploration and forward-looking perspectives to attendees and visitors —
Moonshot AI, AgiBot, Galaxy Universal, Lingchu Intelligence, PPIO, TCab Tech, Youibot, and Tinglixiong (Hearing Bear) participated in this year's conference, showcasing their latest product matrices and real-world deployment results.
This year's WAIC floor was packed shoulder-to-shoulder. The AI industry has gradually shed old paradigms and opened new windows. BlueRun Ventures looks forward to joining hands with more entrepreneurs to push the boundaries of AI together.
Moonshot AI made its debut at this year's WAIC with its highly anticipated new foundation model, Kimi K2. Leveraging powerful natural language processing capabilities and multi-turn dialogue technology, Kimi demonstrated intelligent applications across office work, learning, programming, and other scenarios.
At the conference, Kimi showcased real-time document analysis, code generation, and cross-domain knowledge Q&A, drawing numerous attendees to interact and experience it firsthand. The live demo of an integrated "AI business writing + intelligent spreadsheet analysis" workflow vividly illustrated the deep evolution of AI in workplace tools.
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This appearance not only underscored Kimi's technical strength but also offered fresh ideas for the practical application of artificial general intelligence (AGI). Going forward, Kimi could become the intelligent standard for individuals and enterprises alike, reshaping human-machine collaboration.
On benchmark performance tests including SWE Bench Verified, Tau2, and AceBench, Kimi K2 achieved SOTA results among open-source models, demonstrating leading capabilities in coding, agent tasks, and mathematical reasoning.
During pre-training, Kimi K2 used the MuonClip optimizer to enable stable, efficient training of trillion-parameter models. Against the backdrop of high-quality human data becoming a bottleneck, it effectively improved token utilization efficiency and found new scaling headroom.
At the event, Peng Zhihui, co-founder and CTO of AgiBot, gave Premier Li Qiang a detailed briefing on the company's latest achievements and technical breakthroughs in embodied intelligence. He stated that AgiBot always aims to "create social value through technological innovation," and will continue advancing the deep integration of artificial intelligence with the physical world, bringing intelligent robots into more everyday scenarios.
On the "Robot Skills Stage," the Expedition A2 performed traditional cultural arts including drumming, dragon dance, and calligraphy. Whether in its grasp of drum rhythms, the fluidity of joint movements, the coordination of motions, or the artistic creation of wielding a brush, it demonstrated a perfect fusion of technological precision and artistic agility.
In the opening show of the main forum, the Lingxi X2-N collaborated with the Little Star Art Troupe in a cross-boundary performance. As the first humanoid robot with "Hot Wheels" dual-mode wheel-and-foot locomotion, the Lingxi X2-N moved nimbly in bipedal form, then instantly deployed hidden rollers from its soles for speed and stability far exceeding traditional humanoid robots.
On July 26, the final list for the 2025 WAIC's highest honor, the SAIL Award (Super AI Leader), was officially announced. AgiBot's self-developed "Qiyuan General-Purpose Embodied Foundation Model" won the SAIL Star Award for its outstanding performance across technological innovation, industrial deployment, data-driven development, evaluation innovation, and developer platform — making AgiBot the only robotics company among the six SAIL Star winners this year.
On July 27, AgiBot hosted the "Embodied Intelligence Forum" themed "New Opportunities in Embodied Intelligence from a Global Perspective," gathering experts from PI, Intrinsic, Tsinghua University, Sanctuary AI, NVIDIA, Amazon, and other global leaders in embodied intelligence to discuss key directions including generalization of robotic foundation models and high-performance manipulation.
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Yao Maoqing, AgiBot Partner & President of Embodied Intelligence Business, delivered a keynote titled "The Path to Large-Scale Breakthroughs in Embodied Intelligence — AgiBot's Body, Data, and Algorithm Flywheel." Yao explained that
AgiBot has achieved full-stack closed-loop development of "one body, three intelligences" — integrating robot bodies, locomotion intelligence, interaction intelligence, and operational intelligence — and built an embodied intelligence flywheel driven by four wheels: "data-model-body-scenario."
On site, AgiBot released the industry's first truly real-world-oriented world model open-source platform for dual-arm robots, "Genie Envisioner," integrating prediction, control, and evaluation capabilities to provide an end-to-end, integrated solution for robots to go from "seeing" to "acting" — letting robots rehearse in digital spacetime before clocking in for real work.
After the WAIC 2025 opening ceremony, Premier Li Qiang toured the exhibition halls with foreign guests and international organization representatives. At the Galaxy Universal booth, Galbot autonomously retrieved a product from a shelf and handed it to Premier Li — completing a real-world demonstration of autonomous reasoning with zero teleoperation.
Meanwhile, at its own WAIC booth, Galaxy Universal showcased the core strengths and diverse deployment scenarios of its robotics applications, spanning retail, industrial, logistics, and urban service domains.
In commercial retail, Galaxy Universal built a 1:1 replica of a real supermarket at its "Skills Stage" autonomous exhibition area, with Galbot on duty around the clock. Facing complex layouts with densely packed products, massive SKU variety, and diverse product placement patterns, Galbot accurately retrieved and delivered items for visitors.
In industrial manufacturing, Galbot performed SPS (Set Parts Supply) sorting of automotive parts on site — not only precisely identifying and grasping target workpieces, but also distinguishing similar parts to avoid mis-grasps, while autonomously avoiding obstacles during deep-bin operations to complete intelligent tasks.
In industrial and logistics tote transfer operations, Galbot demonstrated intelligent work capabilities. Facing multi-layer stacked totes without QR codes or labels for positioning, the robot relied entirely on visual perception to autonomously identify box locations and forms, and intelligently plan handling motions.
In urban services, Galaxy Universal's self-developed model deployed across different robot bodies, enabling a quadruped form factor with litter-picking and patrol capabilities.
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During WAIC, Dr. Wang He, founder of Galaxy Universal and an MIT TR35 honoree, was invited to the "AI Future Development Forum" for in-depth exchange on the theme "From Scientific Intelligence to Artificial General Intelligence."
At multiple important forums including the "2025 Foundation Model Forum," "2025 WAIC AI Cross-Disciplinary Science Forum," and "Light Source AI Industry Integration Forum," Dr. Wang presented cutting-edge technical achievements as an expert, sharing his development philosophy of "technology serving real-world scenarios."
Just how dexterous can a robot's hands be? Let's play some mahjong to find out! The scene of Lingchu Intelligence's mahjong robot competing against human players drew crowds of visitors. On site, the robot Xiaoling — powered by Lingchu Intelligence's Psi-R1 model — sat at the table with Lingchu co-founder Chen Yuanpei, AgiBot co-founder and CTO Zhiyuanjun (Peng Zhihui), and AheadForm founder & CEO U Hang, a tech blogger with millions of followers, for a human-machine showdown.
The robot could sustain continuous mahjong games with on-site visitors for over 30 minutes, completing complex operations like drawing tiles, placing them, and declaring peng/gang with millimeter-level precision. In real-time competition with human players, it demonstrated strategic thinking, dynamically constructed decision chains, and autonomously completed game decisions like peng and gang.
Additionally, an autonomous packing robot showcased Lingchu Intelligence's technical capabilities in commercial scenarios. Receiving only a natural language instruction to "pack items on the table," it could autonomously analyze product arrangements, determine operation sequences, and complete scanning and bagging actions. A food delivery robot faced diverse, easily deformable delivery objects like plastic bags and paper bags, accurately identifying different forms and placement postures while stably handling deformed items. A 21-DOF dexterous hand demonstrated exceptional operational dexterity, motion coordination, and execution efficiency through a series of complex, high-difficulty dance movements. Lingchu Intelligence's newly launched exoskeleton teleoperation solution also made its exhibition debut, with a design that precisely deconstructs human hand motion, allowing visitors to experience controlling every joint of a robotic hand via a glove.
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Lingchu Intelligence has now built a complete four-pillar technical ecosystem: a special data pyramid combining simulation and real-world data, a VLA model based on the CoAT (Chain of Action Thought) framework, hardware with extreme stability and cost-performance (featuring a self-developed 21-DOF dexterous hand), and full-scenario deployment validation and data feedback loops from manufacturing to logistics. This enables Lingchu Intelligence to provide truly scalable embodied intelligence solutions for clients in manufacturing, retail, logistics, and other industries.
At the event, PPIO co-founder and CEO Yao Xin made a major announcement at WAIC: the launch of China's first Agentic AI infrastructure (Infra) service platform, accelerating the development and scaled deployment of agent applications.
Addressing the unique development needs of agents, PPIO introduced its AI Agent Platform product in two editions: General and Enterprise.
General Edition: Built on a highly cost-effective distributed GPU cloud foundation, it launched China's first Agent sandbox compatible with E2B interfaces, along with model services better suited for agent construction — providing individual developers and SMEs with an AI agent platform combining performance, efficiency, and cost advantages.
Enterprise Edition: Addressing the diverse agent needs of medium and large enterprises, it integrates PPIO GPU cloud services, industry applications, and open ecosystems. With five differentiated advantages — long-term memory, process controllability, full-domain operation, business linkage, and multi-modal collaboration — it builds a full closed loop from intelligent decision-making to execution, breaking through traditional AI boundaries to create "perceptive, thoughtful, and capable" intelligent agent solutions for industries, empowering agent applications across thousands of sectors.
"As China's first infrastructure service provider focused on Agentic AI, PPIO is committed to comprehensive layout from China's first Agent sandbox to model services and the AI Agent Platform, building full-stack agent infrastructure services for developers and enterprises," Yao stated.
As an innovative representative in the low-altitude economy sector, TCab Tech made a splash with its E20 eVTOL — the only eVTOL OEM exhibitor at this year's conference — showcasing to global visitors the cutting-edge applications and unlimited potential of artificial intelligence in low-altitude mobility. During the conference, TCab Tech specially launched an E20 eVTOL test ride reservation experience, where visitors could scan a QR code via the official mini-program to personally experience the convenience and charm of intelligent flight.
The E20 eVTOL is TCab Tech's self-developed manned electric vertical take-off and landing aircraft, integrating advanced flight control technology and AI systems with intelligence, safety, and economy. The aircraft features a tiltrotor configuration design, with a maximum speed of 320 km/h, capacity for 5 passengers, and a designed range of 200 km — compressing per-kilometer per-capita operating costs to 3-4 RMB, giving it strong commercial application potential. The E20 eVTOL's intelligent avionics and flight control system was jointly developed by TCab Tech and AVIC Computing, introducing AI algorithms into the control law framework to achieve higher-precision, more stable dynamic control during complex flight phases including tiltrotor transition, cruise flight, and path planning.
Youibot made a major appearance at WAIC 2025 with its "Tianyan" series robot matrix, showcasing various form factors under its "one brain, multiple bodies" embodied intelligence model — mobile manipulation robots and embodied intelligent robots — bringing new transformation to industrial scenario applications.
Responding to audience commands, mobile manipulation robots collaborated and interacted to identify target characters from scrambled letters, autonomously transport them, and precisely assemble sentences — demonstrating the industrial embodied intelligence "brain" MAIC. A live-line working robot shuttled between power distribution cabinets, achieving unmanned fully automatic inspection and operation of high-voltage distribution cabinets. The humanoid robot matrix "Tianyan" series' Xunxiao served as an attendant, making ice cream to showcase industrial-grade flexible manipulation, bringing a cool summer treat to exhibition visitors. At the show, Youibot announced that the biped robot Lingshu from its "Tianyan" series humanoid robot matrix will soon be released, deeply integrating the company's accumulated large-scale application experience in semiconductors and energy sectors.
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The "one brain, multiple bodies" model is Youibot's embodied intelligence model for industrial scenarios, built on its industrial foundation. Centered on the robot intelligence brain MAIC (Mobile AI Comprehension), it enables multi-modal fused perception, adaptive multi-arm collaborative manipulation, multi-form locomotion control, and full logistics scheduling across various robot form factors. This significantly enhances the generalization and precision capabilities of individual robots during operations, and allows seamless connection of complex task workflows between robots of different structures, efficiently coordinating entire system operations and pushing robots from individual intelligence to collective intelligence.
As a leading player in youth AI smart hardware with 11 years of deep cultivation, Hearing Bear's global first youth-oriented multi-modal large model portable intelligent agent education terminal product — the T8 series AI portable learning machine — and its upcoming AI study companion phone were both selected for the conference's heavyweight section "Smart Things Institute," displayed in the core area of the main venue and attracting attention from attendees worldwide. The Hearing Bear T8 LINE FRIENDS and Eggy Party co-branded AI portable learning machines, along with the soon-to-be-released AI study companion phone, were immediately surrounded by trendy parents and curious kids asking questions and trying them out non-stop.
Swipe left or right to see more In Hearing Bear's immersive youth AI large model experience zone, kids and parents alike cheered for the growth companion Teeni Cloud Bear intelligent agent and the AI study companion team. Whether asking about weather, news, "ten thousand whys," English, science, history, or taking photos to solve problems, the intelligent agent responded ultra-fast and could "teach students in accordance with their aptitude" based on different individuals' characteristics, providing personalized fun learning and growth companionship.
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