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Unitree Releases First Financial Report After Going Public: Q3 Revenue Up 69.93%, Profit Down 27.78%

Unitree Technology released its 2026 third-quarter financial report on October 28. Third-quarter revenue rose 69.93% year on year to 665 million yuan, while total profit fell 27.78% year on year to 112 million yuan. From 2023 to 2025, Unitree's revenue was 159 million yuan, 393 million yuan, and 1.699 billion yuan, respectively, with a three-year compound growth rate of 226.78%. Net profit shifted from a loss of 11.1451 million yuan in 2023 to 278 million yuan in 2025. The report noted that robots are mainly used in niche areas such as commercial exhibitions and scientific research, and have not yet been deployed on a large scale in production scenarios.

Caixin Explains Anthropic's Prospectus in Detail: First-Half Revenue of US$16.3 Billion, Second-Quarter Operating Profit

Anthropic has filed a prospectus with the SEC, planning to list on Nasdaq under the ticker "ANT", with first-half revenue of US$16.3 billion and operating profit in the second quarter. Founded five years ago, the company has raised nearly RMB 140 billion in the private market; its IPO valuation is expected at US$1.5 trillion to US$2 trillion, with projected compute investment of US$800 billion. OpenAI announced in September that it would not go public this year, leaving Anthropic to push ahead with this IPO alone.

AI computing power demand boosts performance: SK Hynix's Q3 revenue exceeds 100 trillion won for the first time

SK Hynix's Q3 2026 revenue was 104.6 trillion won, up 328% year-on-year, exceeding 100 trillion won in a single quarter for the first time; operating profit was 83.33 trillion won, up 632% year-on-year, with an operating margin of 80%. The company has also locked in more than half of its 2027-2028 capacity in advance through long-term contracts. Net profit was 39.78 trillion won, up 216% year-on-year, but down 58% from the second quarter.

Zhiyuan's First-Half Revenue Nears 2 Billion Yuan, with 9,700 Robots Shipped

Peng Zhihui, co-founder, president and CTO of Zhiyuan, said at the 2026 Zhiyuan Innovation Day that in the first half of 2026, Zhiyuan's robot shipments reached 9,700 units and revenue approached 2 billion yuan; as of September, a cumulative 20,000 robots had rolled off the production line. Zhiyuan also stated that the penetration of general foundation models into the embodied field is a major trend, embodied models will become increasingly large, and this year's training cluster will approach a scale of 10,000 GPUs. A day earlier, Unitree Technology released its first financial report since going public, with cumulative revenue of 1.817 billion yuan in the first three quarters.

Tencent Connects Multiple Products for AI Agents; WorkBuddy's Token Consumption Surpasses Yuanbao

Dowson Tong, Senior Executive Vice President of Tencent Group, described WorkBuddy as a personal Agent for the office track and said Tencent is connecting multiple products for AI agents. WorkBuddy was launched in March this year and competes in the same track as ByteDance's Doubao Work and Alibaba's Qwen Office, and its token consumption has already surpassed Tencent's chatbot Yuanbao. WorkBuddy originated from Tencent Cloud's developer tools team and nearly got cut around 2022 when Tencent was cutting costs and improving efficiency.

Meta shares plunge nearly 7%, capex growth concerns overshadow agent hype

Meta shares closed down 6.98% at $648.85 per share on October 22, falling back to early September levels, with all gains brought by the Muse agent wiped out. A report Meta submitted to the U.S. Securities and Exchange Commission on October 22 shows that as of September 30, 2026, its total irrevocable contractual commitments were $454.52 billion, mainly involving third-party cloud computing capacity, servers and network infrastructure, data center energy services and Reality Labs consumer hardware, of which about $45.85 billion and $121.41 billion mature in 2026 and 2027 respectively.

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US Department of Homeland Security bans federal civilian agencies from using DeepSeek and related products

The US Department of Homeland Security publicly issued a ban on October 19, requiring US federal civilian executive agencies to stop procuring DeepSeek-related products and services and to remove DeepSeek-related products from existing information technology systems, including third-party products and services developed using DeepSeek solutions. According to the US Cybersecurity and Infrastructure Security Agency list, federal civilian executive agencies include 102 agencies such as the Department of the Treasury, the Department of Justice, the Department of State, and the Department of Agriculture. DeepSeek had previously been banned by the US Department of Commerce, congressional offices, the Pentagon, NASA, the US Navy and other departments; this time the ban has been expanded to all US federal civilian agencies.

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