Caixin Time X Xiong Youjun: No Bubble Industry, Only Bubble Companies

In an exclusive interview with Caixin Time, Xiong Youjun, CEO of the Beijing Humanoid Robot Innovation Center, said the humanoid robot industry has no bubble, only bubble companies, and that the share of prototype robots actually doing real work remains limited. He disclosed that about 80% of Tiangong's data training comes from virtual simulation and 20% from real-world scenarios, that the Pelican-Unify unified representation embodied world model can improve execution accuracy but has high computing power requirements, and that the next funding round is already being planned.