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Runway
2026-10-01 14:30:53

Runway says Praxis-1 brings internet video pretraining to robots with results close to specialist datasets

Runway has introduced Praxis-1, a robotics model that applies techniques developed for AI video training to real-world robots. The system learns from large volumes of ordinary internet video, using those clips to model how objects move and how people complete tasks, then converts that knowledge into robot actions. In an object placement test, Runway said robots pretrained on internet video posted an average error of 16.1 centimeters. When trained instead on specially collected robot teleoperation video, the average error was 16.0 centimeters. The company said the benchmark covered 93 evaluations, with the two training approaches finishing nearly even. Runway argued that if this approach scales, the amount of usable training data for robotics could expand by orders of magnitude, since teleoperated robot data requires hardware, physical space, and human labor, while ordinary video is already abundant online. Praxis-1 has been tested on multiple robots from Noble Machines, Standard Bots, and Ultra, including robotic arms, dual-arm systems, and mobile robots. The company also showed the same policy continuing a task after moving from a studio setting to a kitchen. Praxis-1 is currently available only through an early access application, while model weights are planned for release in the coming months. Parameter count and fuller independent evaluations have not yet been disclosed.

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Runway says Praxis-1 brings internet video pretraining to robots with results close to specialist datasets
Tsinghua, Infinigence AI and Shanghai Jiao Tong University open-source APXInf for embodied AI inference
Benmo Technol
2026-09-29 03:35:17

Benmo Technology lists in Hong Kong with valuation above HK$8 billion, giving Li Zexiang’s early bet a paper return of more than 1,000x

Benmo Power (Beijing) Technology Co., Ltd., known as Benmo Technology, made its debut on the Hong Kong Stock Exchange on Sept. 29 at an offer price of HK$21.6. The stock opened higher, pushing the company’s market capitalization above HK$8 billion. According to its prospectus, the company’s post-money valuation in its 2020 seed round was about RMB5 million, meaning its valuation has increased by more than 1,000 times in roughly six years. Founder Zhang Di, born in 1994, studied mechanical engineering at Beijing Institute of Technology before moving to the Hong Kong University of Science and Technology to pursue robotics systems and control engineering under professor Li Zexiang. Benmo’s early development centered on direct-drive technology for robot power modules, after Zhang explored removing the traditional reducer component from robotic systems. The prospectus shows Songshan Lake Robot Research Institute invested RMB300,000 in the seed round as the sole investor, while Yunhe Investment and MiraclePlus joined the angel round with RMB3 million. The article says both Songshan Lake Robot Research Institute and Yunhe Investment are ultimately controlled by Li. Over six years, Benmo completed 12 funding rounds and attracted a long list of investors. The report frames the company’s listing not only as a capital-market milestone, but also as part of a broader pattern of professor-student startup teams in China’s robotics sector.

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Benmo Technology lists in Hong Kong with valuation above HK$8 billion, giving Li Zexiang’s early bet a paper return of more than 1,000x
Aave says collateralized lending could expand to GPUs, robotics and space infrastructure
Simate unveils Simate-beta and says its first Physical AI model topped RoboDojo within three months
AI talent
2026-09-21 09:46:10

Pay for key talent is rising across China’s AI sector, with Zhipu’s executive average topping Tencent

Chinese technology companies tied to the AI supply chain are paying sharply higher compensation to secure key talent, even before some businesses turn profitable. A compensation review covering 30 listed companies across large AI models and AI applications, AI chips and semiconductors, and robotics and embodied intelligence, plus three major internet firms as benchmarks, shows how salary design and equity incentives now reflect each company’s stage of development and hiring strategy. The figures cited in the report are striking. Zhipu posted 2025 revenue of 724 million yuan and a net loss attributable to shareholders of 4.698 billion yuan, yet Chairman Liu Debing received total annual compensation of 157 million yuan, including 156 million yuan in share-based payment. Cambricon’s 2026 restricted stock incentive plan proposes granting 5 million restricted shares to 945 employees, equal to an 85.37% coverage ratio based on its 1,107 employees at the end of 2025. The report also points to a wider AI labor boom. According to 36Kr, PhD interns in core teams at ByteDance, Tencent and Alibaba can earn 5,000-6,000 yuan a day. Maimai’s September AI talent mobility report said newly posted AI jobs rose 789.47% year over year in January-July 2026, with average monthly pay at 63,160 yuan. Across the three sectors, executive average monthly pay was highest in large-model and AI application companies, followed by chipmakers and then robotics firms.

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Pay for key talent is rising across China’s AI sector, with Zhipu’s executive average topping Tencent
Unitree Robotics shares fall more than 50% from opening price one month after listing
Mars Landing raises two funding rounds to build a brain-like architecture for robots in the physical world