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News
Tau Robotics rents out Unitree-powered cleaning humanoids in San Francisco
1+ hour, 33+ min ago (675+ words) CEO of Tau Robotics, Alexander Koch, announced in an X post that the San Francisco startup has begun renting humanoid robots to clean people’s homes. The service would cost customers $30 an hour, even though the robots aren’t autonomous. Their hardware…...
China builds over 400 humanoid robot models, leading the rest of the world
1+ week, 4+ day ago (553+ words) The Chinese robotics market had a blast in the first half of the year, with sales topping the rest of the world. Data released by the Ministry of Industry and Information Technology on Monday says Chinese quadruped robots accounted for…...
Xiaomi robots hit 98% success rate on EV factory work
2+ week, 1+ day ago (405+ words) Tech giant Xiaomi has revealed that its humanoid robots have hit 98% success rate, closing the gap with human workers, after four months of factory work and tuning. Xiaomi deployed the robots inside its car production facility in March. In the…...
Goldman Sachs says surging EV adoption could shave 320,000 barrels a day off oil demand by late 2027
1+ mon, 1+ week ago (440+ words) Goldman Sachs | Source: Private Bank International U.S. banking giant, Goldman Sachs, is projecting that rapid electric vehicle adoption, majorly due to higher fuel costs tied to disruptions near the Strait of Hormuz and the US-Iran war, could reduce global oil demand…...
LIVE: Elon Musk's SpaceX goes public today. Watch as it happens
1+ mon, 2+ week ago (324+ words) Elon Musk’s SpaceX begins trading on Wall Street today after raising $75 billion in a record-breaking initial public offering that values the company at $1.77 trillion. The rockets-to-satellites-to-AI company sold 555,555,555 Class A common shares at $135.00 each, putting SpaceX among the world’s largest…...
Morgan Stanley projects SpaceX revenue at $3.4 trillion by 2040 post-IPO
1+ mon, 3+ week ago (383+ words) U.S. bank and Wall Street giant, Morgan Stanley is predicting SpaceX to hit $3.4 trillion in annual revenue by 2040, representing a 182-times increase from the reported revenue of $18.7 billion in 2025, according to a WSJ report. This projection is coming after Elon Musk’s…...
Elon Musk says his net worth will hit $10 trillion
2+ mon, 3+ week ago (758+ words) Elon Musk is talking about a $10 trillion fortune while Wall Street is already making room for SpaceX before its expected IPO. Speaking on X, Elon answered Peter H. Diamandis, the founder of the XPrize Foundation, after Peter said Elon had crossed…...
Chinese EVs are winning the world, just not America
3+ mon, 6+ day ago (741+ words) Beijing Auto Show 2026 is exhibiting more than 1400 Chinese cars. The goal is not limited to attracting customers at home but to reach over the shores while potential American buyers remain left out. BYD, China’s biggest EV name, grabbed headlines with…...
SpaceX arms itself with Texas anti-takeover protections ahead of blockbuster IPO
3+ mon, 1+ week ago (664+ words) A regulatory filing made on Thursday allegedly says that Elon Musk’s SpaceX plans to rely on Texas law to make it harder for any hostile bidder or activist investor to force changes at the company. That includes efforts to buy…...
Taiwan announces $629m funding plan to create robot startups
3+ mon, 2+ week ago (538+ words) Taiwan’s robotics industry has gotten a makeover with the official opening of a National Center and a $629 million funding plan to spin up more local robot companies on the island. President Lai Ching-te on Friday formally launched the National Center…...