Robotics

Web Summit Lisbon: Chinese robots and low-cost AI models on show

Source: AFP (via TechXplore); Tue, Nov 10, 2026

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Organizers said more than 50 representatives from Chinese AI labs, robotics, automakers, quantum computing and energy startups attended, including delegates from Unitree and AgiBot.

Read original ↗Source: AFP (via TechXplore) · Opens the source in a new tab

ABB said on 5 November that China's foreign-investment security review office prohibited SoftBank's acquisition of its robotics business, signed at an enterprise value of about US$5.375 billion. Reports cite concern about data leaving China. It is the second publicly known AI-related foreign deal Beijing has blocked this year, after Meta's Manus purchase of over US$2 billion. ABB says talks continue.

RoboticsHotUS$5.4B deal (blocked)SCMP11-05

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Web Summit Lisbon: Chinese robots and low-cost AI models on show

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