Zhi Tong Cai Jing·2025-08-25 05:06Core Insights - Nvidia has introduced an open-source physical AI application and robot vision reasoning model called Cosmos Reason, which enables robots to reason like humans and take actions in the real world based on understanding [1] - The physical AI market is projected to reach trillions of dollars, as emphasized by Nvidia's executives at industry conferences [1] - Nvidia's founder, Jensen Huang, has stated that the next wave of AI is physical AI, following perception AI, generative AI, and agentic AI [1] Group 1: Nvidia's Robotics Strategy - Nvidia began its foray into robotics a decade ago with the launch of the Jetson TK1 robot brain module in 2014, marking a significant step in robot intelligence [2] - Over the past ten years, Nvidia has built a comprehensive robotics technology matrix through hardware iterations, software upgrades, and ecosystem development [2] Group 2: Collaborations and Market Trends - Nvidia has established partnerships with leading humanoid robot companies in China, including Yushu Technology and Galaxy General [3] - The humanoid robot industry is experiencing a vibrant development phase, with emerging players like DeepSeek driving the advancement of general-purpose robot models [5] - Analysts suggest that the humanoid robot industry is on the verge of large-scale commercialization, with significant advancements in intelligent decision-making and motion collaboration [5] Group 3: Investment Opportunities - Companies like UBTECH Robotics have raised substantial capital, with a recent placement raising 2.41 billion HKD, marking the largest placement in the humanoid robot sector [6] - Horizon Robotics is projected to achieve a compound annual growth rate of 57.5% from 2025 to 2027, with a target price of 7.45 HKD [6] - Portai Robotics has signed a groundbreaking order for 10,000 humanoid robots, setting a new industry standard for large-scale commercialization [7] - SUTENG Juchuang has showcased its new Active Camera platform at the World Robot Conference, highlighting its leadership in the global lidar market [8] - Tsugami Machine Tool China is expanding its production lines and actively entering the humanoid robot sector, with significant growth potential in high-end machine tools driven by the demand for humanoid robots [8]