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CNBC

China built robots that can do backflips – but can they make money?

Friday, August 14, 2026


Unitree, a Chinese robotics company, filed for an initial public offering. The company manufactures robots capable of performing backflips and other complex movements. Investor demand for the IPO will indicate market confidence in the company's ability to generate revenue from its technology.

Original reporting: https://www.cnbc.com/2026/08/14/china-humanoid-robots-unitree-ipo-tesla-optimus.html

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