Event
Wang Xingxing says at the Industry Expo that he underestimated AI; Unitree's stock price sees a major pullback
4 reports · 1 sources
At the 26th China International Industry Fair, Unitree Robotics founder Wang Xingxing said that the biggest mistake he has made over the past decade or so is that "my belief in AI was not strong enough." He said that after the release of GPT-6, the improvement in the understanding of embodied intelligence practitioners has been "very large," and that Unitree has tested it on various robots with good results. As for the pace of deployment, he judged that "at the fastest, it could even be within one or two years," because "next year, when GPT-7 comes out, it may directly crack the embodied intelligence problem." He believes that deployment in commercial service scenarios may be faster than in industrial fields, while acknowledging that for large-scale application at present, both generalization and efficiency still need further improvement. All of the above are his personal predictions and remain to be verified. According to an OFweek Robotics report, less than two months after Unitree Robotics went public, its stock price fell from a high of 1,237 yuan to around 420 yuan, wiping out more than 270 billion yuan in market value, with a maximum drawdown of nearly 70%; the day after Wang Xingxing's remarks, the stock price closed up 3.64%. The report also said that Unitree is building a physical AI self-evolution system.
Report timeline
- Wang Xingxing and Others Who Missed AI Are Now Racing for the Last Window to Enter Factories
Using the 2026 China International Industry Fair as a starting point, the article notes that the robotics industry's focus has shifted from competing on the robot body's movements to asking about actual uses on production lines, with delivery and deployment becoming the core theme. Unitree Robotics founder Wang Xingxing reflects that over the past decade or so he did not believe in AI enough, and says that deploying GPT-6 on robots has tested well, with the embodied intelligence tipping point possibly arriving within one to two years at the earliest.
OFweek Robotics ·
- Unitree's Wang Xingxing Rarely 'Admits a Mistake': Doesn't Want to Be a Flash in the Pan, Wants to Build a Century-Old Company!
Unitree founder Wang Xingxing admitted at the Shanghai Industrial Fair that his biggest mistake over the past decade-plus was not trusting AI enough, and announced a shift from a hardware-first approach to a dual-track strategy of hardware plus physical AI, saying the robotics era could reach an inflection point in as little as one to two years. Unitree listed on the STAR Market on August 19 at an issue price of 150.8 yuan; on its first trading day the stock surged to 1,100 yuan, with a peak market value of 444.9 billion yuan. Within two months, more than 270 billion yuan of market value evaporated, with a maximum drawdown of nearly 70%. In the first half of 2026, revenue was 1.152 billion yuan, up nearly 50% year on year, while non-recurring net profit fell 19.34%.
OFweek Robotics ·
- Unitree market value retraces nearly 70%; Wang Xingxing admits at CIIF he did not believe in AI enough
Less than two months after its listing, Unitree Technology's share price fell from a high of 1,237 yuan to around 420 yuan, wiping out more than 270 billion yuan in market value, with a maximum drawdown of nearly 70%. Founder Wang Xingxing said on October 12 at the Shanghai International Industry Fair that his biggest mistake over the past decade-plus was not believing in AI enough, and gave a forecast that the robotics era could reach an inflection point in as soon as one to two years. Unitree is building a physical AI self-evolution system. The stock closed up 3.64% the day after his remarks.
OFweek Robotics ·
- Unitree's Wang Xingxing Says He Underestimated AI's Ability to Build Robots Over the Past Decade
At the 26th China International Industry Fair, Unitree founder Wang Xingxing said his biggest mistake over the past decade was not believing in AI enough. He said the release of GPT-6 greatly improved embodied intelligence practitioners' understanding, and that Unitree tested it on various robots with good results. He believes a breakthrough could come within one to two years if things move quickly, and that GPT-7 next year could directly solve the embodied intelligence problem.
OFweek Robotics ·