China's Unitree Turns US-Funded Research Into $9 Billion Robot Business

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Chinese robotics firm Unitree is set to debut on the stock market on Wednesday with a valuation of approximately $9 billion. Company filings reveal that Unitree sold over 5,500 humanoid robots and 18,000 quadruped robots last year. The company's rapid growth has been partly attributed to leveraging research originally funded by the United States. Unitree's rise highlights how Chinese firms have built commercially dominant robotics businesses drawing on foundational work developed in the West.

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