Unitree Unveils Real-Life Transformer Robot. Only Costs $650,000 Chinese robotics firm Unitree, known for its robot dogs and humanoids, has unveiled a production-ready "manned mecha": a large robotic machine piloted by a human. Unitree wrote on X that the manned mecha costs $650,000 and weighs as much as a car. The bipedal mecha is piloted by a human operator who sits in its belly. The machine loo...
Unitree Unveils Real-Life Transformer Robot. Only Costs $650,000 Chinese robotics firm Unitree, known for its robot dogs and humanoids, has unveiled a production-ready "manned mecha": a large robotic machine piloted by a human. Unitree wrote on X that the manned mecha costs $650,000 and weighs as much as a car. The bipedal mecha is piloted by a human operator who sits in its belly. The machine looks like something out of a sci-fi movie. And it tranforms into a giant robo-dog. Chinese media outlet Global Times reported that Unitree Robotics CEO Wang Xingxing piloted the bipedal mecha in the promotional video, calling it the "world's first production-ready manned mecha." "The application scenarios for Unitree's products are mainly aimed at changing the way we work. For example, our robots can be used in high-risk and harsh environments," said Huang Jiawei, a marketing staff member at Unitree. Jiawei continued, "At this stage, our B2 and A2 quadruped robots are already being applied in consumer and inspection scenarios. Through the use of robots, we hope to improve work efficiency and optimize the way people work." "The product is still in its first generation at this stage, and there is indeed a lot of room for imagination," he said. Unitree Unveils: GD01, A Manned Transformable Mecha, from $650,000 👏 The world's first production-ready manned mecha. It can transform. It's a civilian vehicle. It weighs ~500kg with you inside. Please everyone be sure to use the robot in a Friendly and Safe manner. pic.twitter.com/xa6eNiRDdV — Unitree (@UnitreeRobotics) May 12, 2026 We can use our imagination. This robot will eventually be dual-use and end up on a modern battlefield. Tyler Durden Thu, 05/14/2026 - 23:00
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JHVEPhoto/iStock Editorial via Getty Images Thesis We last covered the Blackstone Mortgage Trust, Inc. ( BXMT ) in October 2025 with a 'Buy' rating. At the time we argued for a trade around the company's observed range of $18 to $20 per share. Our view worked: Prior Rating (Seeking Alpha) The common shares rallied after our rating, going above the $20/share mark. In our prior article we had stated...
JHVEPhoto/iStock Editorial via Getty Images Thesis We last covered the Blackstone Mortgage Trust, Inc. ( BXMT ) in October 2025 with a 'Buy' rating. At the time we argued for a trade around the company's observed range of $18 to $20 per share. Our view worked: Prior Rating (Seeking Alpha) The common shares rallied after our rating, going above the $20/share mark. In our prior article we had stated: For the past two years, we are witnessing a $17-$21 range in the BXMT market price, with participants happy about the book value stabilization, but uncertain regarding the future. An investor can just keep it simple and trade the range. Buy when the price is close to the bottom of the range and sell when it is close to the top. As of now, the REIT is trading close to the bottom of the range, making it an appealing entry point. With the company's common equity now back close to the $18/share mark, we are going to revisit BXMT and its latest financials, and show readers why the prior range trade is no longer valid and we are moving this name to 'Hold'. Fundamental Performance Has Disappointed The company posted a negative net income for the quarter: Statement of Operations (Financials) The loss for the quarter was -$5.1 M, driven by another substantial increase in expected credit loss reserves. The reserves increased by $55 M, versus an increase of $49 M last quarter. This simply means the underlying business is not doing well enough, with lent money not being fully returned. You want to see this figure close to zero for the company to deliver on what it is supposed to do. Now, many times some financial writers and investors consider this reserve a 'piggy bank,' where you just put some money that will eventually come back. It is not the case for BXMT, with the credit reserves being written off every quarter: CECL Reserves & Dividend Coverage (Company Financials) For the quarter, $46 million in reserves was charged off. This simply means the company admits these are true los...