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Unitree Stock Jumps on AI Bet
Unitree's shares have jumped more than 60% since October 15, lifting its market value to approximately $40.8 billion. Investors are betting that smarter AI will give its robots the brains they lack, with the technology behind chatbots potentially operating machines in the physical world. Unitree founder Wang Xingxing at the World Physical AI Conference in Hangzhou on October 22, stating that large models could break through in physical AI within a few years.