TSMC Teams Up With Sony as China's AI Stocks Swing
AI news brief: Unitree, a leading Chinese humanoid robot maker, triggered a wave of retail over-subscription ahead of its listing on Shanghai’s STAR Market, drawing 9.78 million online applications with a final allotment rate below 0.0181%, the lowest on record for the STAR Market. The frenzy highlights how China’s tech narrative is shifting from AI models themselves toward the physical systems that put AI to work, with humanoid robots becoming one of the biggest investment themes even though commercialization is still early — a shift the US already treats as part of its strategic competition with China, having banned imports of Chinese-made humanoid robots over national security and cybersecurity concerns.