CNBC's The China Connection newsletter: China ships more humanoid robots than the U.S. as investors diverge on AI bets Share [CNBC]
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China is winning the race to ship humanoid robots, but even its largest startups in the sector have valuations far smaller than their U.S. rivals. Geopolitics has complicated the investment landscape, with U.S. pension funds exiting the Chinese startup scene. That has opened a window for Middle East funds, which have backed local venture capital and bought Chinese robots. In this article Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a succinct snapshot of what I'm seeing and hearing from local businesses. Today, I dig into rising valuations for Chinese humanoid startups and why they still aren't attracting the same kind of money as their U.S. rivals — despite delivering far more robots. Are U.S. VCs missing out? Chinese humanoid startups are already shipping robots to factories and malls, while their U.S. rivals remain focused on development — and far higher valuations. It's a growing divide. U.S. humanoid rob
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- CNBC's The China Connection newsletter: China ships more humanoid robots than the U.S. as investors diverge on AI bets [MSNBC.com]MSNBC.com
- Ford CEO says Tesla doesn't have an ‘updated vehicle,' and now he's pivoting to catch up with his real competitor: China's BYD [Yahoo! Finance]Yahoo! Finance
- Tesla Q1 Preview: Losing The Robotics Race [Seeking Alpha]Seeking Alpha
- Tesla Q1 Earnings Are Due April 22. Is TSLA Stock a Buy Before the Report? [Yahoo! Finance]Yahoo! Finance
- GM doles out $40 million to bring on Tesla alum Sterling Anderson [Yahoo! Finance]Yahoo! Finance
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