At the World Robot Conference in Beijing, Chinese companies showcased a variety of humanlike robots, demonstrating their progress in robotics with robots performing tasks like playing musical instruments and completing physical tasks. Meanwhile, Tesla's Optimus humanoid robot was displayed in a static state. Musk claims Tesla's Optimus robot could eventually perform household tasks and contribute to a $25 trillion valuation, with factory tests planned next year, though its current capabilities remain uncertain. Although China’s robotics industry has seen significant investment, U.S. companies remain ahead in development. Challenges like limited battery life still hinder the full autonomy of these robots.
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00:00It's Benzinga and here's what's on the block.
00:02At the World Robot Conference in Beijing, Chinese companies showcased a variety of human-like
00:07robots demonstrating their progress in robotics with robots performing tasks like playing
00:12musical instruments and completing physical tasks.
00:15Meanwhile, Tesla's Optimus humanoid robot was displayed in a static state.
00:19Musk claims Tesla's Optimus robot could eventually perform household tasks and contribute
00:24to a $25 trillion valuation with factory tests planned next year, though its current capabilities
00:29remain uncertain.
00:31Although China's robotics industry has seen significant investment, U.S. companies remain
00:35ahead in development.
00:37Challenges like limited battery life still hinder full autonomy for these robots.
00:41For all things money, visit Benzinga.com.