tech
CEO of viral backflipping robot company says robots may be years from their ‘ChatGPT moment,’ even after investors sent his stock soaring 460%
The CEO of a Chinese robotics company whose stock skyrocketed 460% after going public this week said humanoid robots might still be far away from their own “ChatGPT moment.”
TL;DR
- Unitree CEO Wang Xingxing believes humanoid robots are 2-10 years away from a "ChatGPT moment."
- This "ChatGPT moment" for robots means handling 80% of tasks in unfamiliar environments through voice or text.
- Unitree's stock surged 460% after its IPO, reaching a valuation of $66 billion, significantly higher than U.S. competitor Figure AI.
- The company gained notoriety through viral videos of its robots performing synchronized dances and advanced maneuvers like backflips.
- Wang acknowledges that current robots are less efficient than humans and require retraining for new tasks, hindering industry progress.
- Unitree is developing a self-evolving system to improve robot control code precision.