编辑丨具身智能之心 本文只做学术分享，如有侵权，联系删文 >> 点击进入→ 具身智能之心 技术交流群 更多干货，欢迎加入国内首个具身智能全栈学习社区 ： 具身智能之心知识星球 (戳我) ， 这里包含所有你想要 的。 以下文章来源于具身智能之心 ，作者Yu Shang等 具身智能之心 . 与世界交互，更进一步 点击下方 卡片 ，关注" 具身智能 之心 "公众号 作者丨 Yu Shang等 研究背景与核心问题 在具身智能领域，世界模型作为强大的模拟器，能生成逼真的机器人视频并缓解数据稀缺问题，但现有模 型在物理感知上存在显著局限。尤其在涉及接触的机器人场景中，因缺乏对3D几何和运动动力学的建模能 力，生成的视频常出现不真实的物体变形或运动不连续等问题，这在布料等可变形物体的操作任务中尤为 突出。 根源在于现有模型过度依赖视觉令牌拟合，缺乏物理知识 awareness。此前整合物理知识的尝试分为三类： 物理先验正则化（局限于人类运动或刚体动力学等窄域）、基于物理模拟器的知识蒸馏（级联 pipeline 计 算复杂）、材料场建模（限于物体级建模，难用于场景级生成）。因此，如何在统一、高效的框架中整合 物理知识，成为亟 ...

2025年的一级市场暖意渐浓，投资人热情显著回升。机器人、人工智能、低空经济等赛道热度持续攀 升，资本端与产业端对相关赛道项目的关注度呈上升趋势。 人形机器人领域再添重磅活水。 值得关注的是，LP出资热情也显著提升。近日，又一只百亿母基金来了，聚焦人形机器人领域。 日前，湖北省财政厅依托省政府投资引导基金支持长江证券牵头设立的湖北省人形机器人产业投资母基 金已完成合伙协议签署、工商注册和首期实缴出资，成为《湖北省重构政府引导基金体系工作方案》印 发后成功设立的第一只参股基金。 百亿人形机器人母基金来了 据悉，该基金总规模100亿元，计划分两期组建，首期规模50亿元，其中：省政府投资引导基金、武汉 产业基金各认缴20%，长江证券、湖北省科投集团各认缴30%，重点投向人形机器人和人工智能相关产 业核心领域，包括湖北省重点发展的人形机器人链主企业及具有核心技术实力的零部件、脑机接口、控 制系统、模型算法等战略性、先导性的科技型企业。 人形机器人产业投资母基金，是湖北前瞻布局战略性新兴产业与未来产业、培育发展新质生产力的关键 落子，也是通过资本超前布局，抢占未来产业制高点，助力湖北打造全国人形机器人技术策源地、创新 ...

智通财经APP了解到，6月30日，港仔机器人（00370）发布有关3月底止财政年度财报提供补充公告， 该公司未偿还于2025年3月31日到期的信托贷款2.145亿港元及应急利息约0.51亿港元，称公司仍在与贷 款人协商延长贷款期。而就该等情况可能存在重大不确定性，可能会对持续经营的能力构成重大疑虑。 此次补充公告主要为财报中未有独立审计师报告提到公司"有关持续经营之重大不确定性"，其实这主要 基于会计审计的谨慎性原则，对公司并不会产生实质性影响。相关市场人士表示，补充文件并不意味的 公司存在问题，主要是对申报的内容进行更正、补充或重新说明是会计的充分披露原则和真实性原则的 必然要求。 港仔机器人在2025财年财报中也披露，即便公司与放债人无法在延期上达成共识，亦不会对公司大部分 业务的持续经营产生重大影响。而该问题后续将得到解决，公司预期就信托贷款抵押予放债人的抵押物 价值足以偿付大部分信托贷款，而信托贷款的剩余部分可通过公司未来经营所产生的现金流入予以清 偿。 从财报中可以看到，截止2025年3月，该公司拥有足够短期可变现的流动资产，包括应收贷款及利息 2.46亿港元，应收账款及其他应收款项3.45亿港元及 ...

Core Insights - The home robotics sector is attracting significant investment and IPO activity, with companies like Woan Robotics and LeXiang Technology making notable advancements in funding and product development [1][2][3] - The market for AI-enabled home robots is expected to experience explosive growth, with projections indicating an increase from 5.9 billion yuan in 2024 to 62.4 billion yuan by 2029, reflecting a compound annual growth rate of 60.2% [5][6] Company Developments - Woan Robotics, founded in 2015 and incubated by Li Zexiang, has submitted an IPO application to the Hong Kong Stock Exchange and offers a diverse product matrix covering seven categories of AI-enabled home robots [2][3] - LeXiang Technology has completed a series A+ funding round, raising nearly 300 million yuan in total funding, focusing on the development of general-purpose small home robots [2][3] - LuMing Robotics, established in 2024, has successfully completed multiple funding rounds, raising nearly 200 million yuan, and is preparing for mass production of its full-size humanoid robot, LUS [3][4] Market Trends - The home robotics market is characterized by a division between companies focusing on general-purpose robots and those targeting specific home applications, with the latter showing a clearer path to commercialization [4][6] - Industry experts suggest that while humanoid robots are gaining attention, specialized home robots are more likely to achieve commercial success sooner due to their focus on high-frequency, essential tasks [6][7] Financial Performance - Cloud Whale Technology reported a revenue increase of over 130% year-on-year for 2024, with international market growth nearing 700%, and has achieved stable profitability [7] - Woan Robotics, while not yet profitable, has shown promising revenue growth from 275 million yuan in 2022 to an expected 610 million yuan in 2024, indicating a potential path to profitability [7]

Core Viewpoint - The article highlights the success of Shanxi Jiashida Robot Technology Company in the window-cleaning robot market, emphasizing its innovative approach and significant market share growth over the past decade. Company Overview - Shanxi Jiashida has achieved over 30% market share in the window-cleaning robot sector, becoming the only company in China with independent intellectual property rights in the circular robot niche [1] - The company was founded in 2012, launching its first circular window-cleaning robot three years later, distinguishing itself from traditional square robots [1] Innovation and Technology - Jiashida has filed 145 effective patents over the past 10 years, with nearly half of its 240 employees dedicated to research and development, investing over 40 million yuan annually, which constitutes 10% to 15% of its output value [2] - The core competitive advantage lies in its algorithms, allowing robots to automatically adjust based on working conditions, enhancing cleaning efficiency [2] - The company has improved the suction power of its robots to 55 Newtons, surpassing the industry average of 30 Newtons, while also reducing noise levels to 65 decibels [2] Market Performance - In the previous year, Jiashida sold 300,000 window-cleaning robots, with products exported to 56 countries, including Germany, South Korea, Japan, and Russia [3] - The company's revenue has increased from 280 million yuan to nearly 400 million yuan over the past three years [3] - The domestic market for window-cleaning robots is projected to reach 5 billion yuan by 2030, with the global market expected to exceed 20 billion yuan [3]

Market Review - The Huaxia Sci-Tech AI ETF (589010) closed down 1.57% on July 2, 2025, with leading declines from Hengxuan Technology down 4.85%, Foxit Software down 3.89%, and Fudan Microelectronics down 3.61% [1] - The Robot ETF (562500) also closed down 1.30%, with major declines from Kuaike Intelligent down 7.27%, Jiangsu Leili down 5.36%, and Leisai Intelligent down 4.72% [1] - The trading volume for the day was 613 million yuan, leading among similar ETFs, indicating active market participation and good liquidity [1] - The Robot ETF saw a net inflow of 55 million yuan, marking a continuous inflow over the past seven trading days, totaling 857 million yuan, the highest among comparable funds [1] Hot News - Alibaba Cloud announced the addition of new data centers in Malaysia and the Philippines, expanding its global infrastructure to 29 regions and 90 availability zones, with the third availability zone in Malaysia launched on July 1 and the second in the Philippines planned for October [2] - OpenAI has agreed to rent significant computing power from Oracle's data centers as part of its "Stargate" initiative, with a total of approximately 4.5 gigawatts of data center power, enough to supply energy to millions of American households [2] - The Hubei Provincial Finance Department, supported by the provincial government investment guidance fund, has established a humanoid robot industry investment mother fund led by Changjiang Securities, with a total scale of 10 billion yuan, focusing on humanoid robots and AI-related core industries [2] Institutional Views - Zheshang Securities predicts that by 2030, the combined demand for humanoid robots in the manufacturing and home service sectors in China and the U.S. will reach approximately 2.03 million units, with a market space of about 318.5 billion yuan [3] - The humanoid robot industry is transitioning from the formation phase to the expansion phase, with significant acceleration expected in industrial development [3] - The industry is anticipated to see investment opportunities in 2025, driven by breakthroughs in AGI technology, improved supply chain structures, and increasing downstream application demands [3]

Core Viewpoint - The family service robot industry in China is experiencing rapid growth due to increasing demand driven by an aging population, rising labor costs, and advancements in robotics technology, with the market expected to reach 127.56 billion yuan by 2024, becoming a significant blue ocean market [1][10]. Industry Overview - Family service robots are specialized robots designed to perform household tasks, including cleaning, education, entertainment, elderly care, and security monitoring [2][4]. - The industry is categorized into three segments: upstream (core components and technology supply), midstream (production and manufacturing), and downstream (application scenarios) [4]. Domestic Market - China is facing a significant aging population, with 220 million people aged 65 and older by the end of 2024, representing 15.6% of the total population, leading to a growing demand for family service robots, particularly in elderly care [6][10]. - The family service robot market is projected to grow to approximately 300 billion yuan by 2027, indicating a promising development outlook [10]. Competitive Landscape - The market is divided into four tiers: - Tier 1 includes leading companies like Ecovacs, Roborock, Xiaomi, and others, with Ecovacs holding about 40% market share [12]. - Tier 2 consists of brands like Midea and Haier, with a combined market share of around 10% [12]. - Tier 3 includes mid-level companies with a smaller market share [12]. - Tier 4 comprises smaller players with limited innovation capabilities [12]. Development Trends - **Technological Innovation**: The integration of AI, IoT, and big data is driving the evolution of family service robots, enhancing their capabilities in navigation, voice recognition, and user interaction [18]. - **Expanding Application Scenarios**: The functionality of family service robots is broadening from basic cleaning to include education, health care, and home security, creating new market opportunities [19][20]. - **Intensifying Market Competition**: The increasing number of entrants into the family service robot market is leading to heightened competition, prompting established companies to invest more in R&D and improve product quality [21].

Top Risers in Secondaries Market - Perplexity's ranking surged 12 places to number 7, fueled by potential $500 million funding at a $14 billion valuation and acquisition discussions with Apple executives [1] - Kraken rose 15 places to number 11, driven by strong Q1 revenues of $472 million and adjusted EBITDA of $187 million, up 19% year-on-year, with IPO speculation [2] - Curser, Cribble, Crusoe, and Glean are new additions to the list, indicating high demand [2] Top Fallers in Secondaries Market - Figure AI experienced the biggest drop, falling to number 15, due to winding down primary fundraising and scrutiny of its $395 billion valuation against minimal revenue [3] - XAI fell to number 8, despite sweetening its $5 billion debt offering at a 125% yield, due to a high burn rate of $1 billion per month and projected $13 billion losses in 2025 [4] - Shield AI fell four places to number 13, which is surprising given the current strength of the Defense Tech sector [4]

Core Viewpoint - The article discusses the advancements in AI technology, particularly in autonomous driving and embodied intelligence, highlighting the saturation of the autonomous driving industry and the challenges faced by job seekers in this field [2]. Group 1: Industry Overview - The autonomous driving sector has seen significant breakthroughs, with L2 to L4 functionalities being mass-produced, alongside developments in humanoid robots and quadrupedal robots [2]. - The industry is experiencing a high demand for technology and talent, as evidenced by the establishment of a job-seeking community called AutoRobo, which focuses on autonomous driving, embodied intelligence, and robotics [2][3]. Group 2: Community and Resources - AutoRobo knowledge community has nearly 1000 members, including professionals from companies like Horizon Robotics, Li Auto, Huawei, and Xiaomi, as well as students preparing for upcoming job fairs [2][4]. - The community provides resources such as interview questions, industry reports, salary negotiation tips, and job referrals, aimed at helping members navigate their job search effectively [3][4]. Group 3: Interview Preparation - The community has compiled a comprehensive list of interview questions across various topics related to autonomous driving and embodied intelligence, including algorithms, development, and product roles [9][10][11]. - Specific areas covered include multi-sensor fusion, perception algorithms, and decision-making processes, providing members with practical insights for their job applications [10][14]. Group 4: Industry Reports and Insights - The community offers access to industry reports that detail the current state, development trends, and market opportunities within the autonomous driving and embodied intelligence sectors [15][19]. - Reports include insights into trajectory prediction, occupancy perception, and the overall landscape of the humanoid robotics market, helping members understand the industry's dynamics [15][19].

7月2日 武汉大学机器人学院成立大会 在 该校 举行 学院将从小米、宇树、乐聚、优必选等 机器人、智能制造头部企业 聘请10名产业教授 培养创新拔尖人才 武大机器人学院执行院长肖晓晖教授在会上介绍， 新成立的机器人学院2025年将招收90名 本科新生 ， 将依托武大多学科交叉优势，融合控制、机械、测绘遥感、电信、人工智能等学 科力量，为机器人领域新兴交叉学科的探索和培育提供强有力的支撑。 图源：湖北日报 此外，武大机器人学院将从小米、宇树、乐聚、优必选等机器人、智能制造头部企业聘请10 名产业教授 。 未来，学院将扎根机器人平台设计、机器人规划控制、机器人感知交互、机器 人智能决策四大基础研究方向，聚焦机器人+工程应用、机器人+空天地海信息、机器人+智能 医疗、机器人+数字人文四大特色发展方向，五年内控制学科跻身国内前列，加快机器人新兴 学科方向的探索建设具有武大特色的机器人工程专业，引领新工科发展。 图源：湖北日报 据了解，2024年3月，武汉大学联合小米宣布成立机器人系，并设立"机器人技术"硕士专 业。近年来武汉大学在"机器人技术"人才培养方面已经取得丰硕成果。例如，武大学子在 2023年中国机器人及人工 ...