编辑丨 量子位 点击下方 卡片 ，关注" 具身智能之心 "公众号 >> 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! 1米3的机器人小土豆，三步上篮也可以如此丝滑。 别误会，这台宇树G1暂时还不准备参加NBA选秀，但它刚解锁的 "现实世界打篮球" 技能，离上"村BA"首发应该不远了。 据悉，这是全球首个能在真实场景中完成篮球动作的机器人demo，来自香港科技大学的研究团队。 虽然团队还没公开完整的技术细节，但结合他们此前让机器人"打篮球"的工作，这次很可能是在之前研究的基础上，进一步改良而来。 接下来，让我们一窥究竟。 SkillMimic-v2 首先是被收录于 SIGGRAPH 2025 的 SkillMimic-V2: Learning Robust and Generalizable Interaction Skills from Sparse and Noisy Demonstrations 。 SkillMimic-V2旨在解决交互演示强化学习（RLID）中演示轨迹稀疏、含噪且覆盖不足的难题。 其通过 ...

机器人前瞻11月20日报道，在今天举行的2025智源具身Open Day上，智源研究院系统性公开了其在具身智能方向的最新研究进展，并举办了 围绕行业核心问题的圆桌讨论。 机器人前瞻（公众号：robot_pro） 作者 | 江宇 编辑 | 漠影 在现场，圆桌讨论从"世界模型是不是实现具身智能的关键"展开，随后延伸到"具身智能需不需要自己的统一架构、要不要有一套'具身版 Transformer'"。在数据层面，嘉宾们又讨论了在数据又重要又难的前提下，真实数据、仿真数据和视频数据该怎么组合使用。 第二场圆桌则进一步提出"人形机器人是不是具身智能的最终形态、硬件是不是现在最大的瓶颈"的问题。 大咖云集的圆桌讨论把业内当下关键与现实的议题都摆上了桌面。许多嘉宾在多个核心问题上给出了清晰、直接的判断，分歧与共识交织出 现。 一、智源的全栈布局：从世界模型到跨本体"具身大脑" 在开场演讲中，智源研究院院长王仲远系统介绍了过去一年在具身智能方向的多项关键进展，他将其概括为两条主线：世界模型的突破与具身 大脑全栈体系的成型。 首先，智源发布了原生多模态世界模型Emu3.5。相较上一代Emu3，新模型将训练数据从15年视频扩展至 ...

Core Insights - The humanoid robot rental market experienced a surge in demand following a high-profile performance during the Spring Festival Gala, leading to skyrocketing rental prices and a "one machine hard to find" situation [2][3] - However, the market has since cooled, with rental prices dropping significantly, nearly halving, as the initial excitement subsides and the industry shifts towards more collaborative performances [1][3] Market Dynamics - Rental prices for humanoid robots peaked at around 10,000 to 15,000 yuan per day, but have now decreased to approximately 5,000 yuan for the UTree G1 and 500-1,000 yuan for robotic dogs [3][4] - The market is characterized by a "heavy asset" nature, with significant upfront investments required for purchasing robots, as evidenced by one operator spending nearly 4 million yuan on robots alone [3][4] Supply and Demand - Despite the price drop, the number of rental orders remains stable, with operators still managing to secure 50-60 orders per month, indicating ongoing demand in the market [4][5] - The rental market is seeing an increase in supply, allowing operators to avoid paying inflated prices for purchasing robots, which were previously marked up significantly [5][6] Competitive Landscape - The humanoid robot market is dominated by a few key players, with UTree holding a substantial market share, accounting for about 50% of the rental market [7][8] - The competitive advantage lies in brand recognition, as clients often prefer well-known robots for their events, leading to a concentration of demand among a few brands [8][9] Technological Challenges - The market faces technical limitations, such as inadequate sound systems and the inability of robots to perform complex coordinated movements, which can hinder their effectiveness in certain scenarios [10][11] - Continuous technological advancements are necessary for the industry to thrive, as the current offerings may not sustain long-term interest from clients [11][14] Future Outlook - The humanoid robot rental market is exploring new applications beyond traditional events, with potential for growth in various sectors, but faces challenges in maintaining user engagement as novelty wears off [12][14] - Operators are cautious about expanding internationally due to high costs and logistical challenges, preferring to focus on domestic opportunities where the market is more predictable [12][13]

Market Review - The Huaxia Sci-Tech AI ETF (589010) increased by 2.62%, closing at 1.410 yuan, indicating strong upward momentum with 22 constituent stocks rising and 8 falling, particularly in AI and optical perception sectors [1] - The Robot ETF (562500) rose by 1.91%, closing at 1.015 yuan, with 63 out of 73 constituent stocks gaining, showing significant structural rebound in small and mid-cap intelligent manufacturing and core components [1] - The trading volume exceeded 1.1 billion yuan, reflecting active trading, with a continued net inflow trend over the past three trading days [1] Hot News - Yushu Technology launched a full-body remote operation platform, showcasing its G1 robot performing household tasks under human control [2] - Microsoft is pursuing a more powerful form of AI called "superintelligence," aiming for breakthroughs in healthcare and clean energy, led by Mustafa Suleyman [2] - NVIDIA's CEO Jensen Huang stated that China is likely to win the AI race due to favorable regulatory environments and lower energy costs, criticizing Western approaches as hindering progress [2] Institutional View - CITIC Securities highlighted the rapid establishment of data collection factories across the country, emphasizing the unique advantages of China's embodied intelligence industry chain in utilizing real data for model training [3] - The report suggests that the circulation of data elements will benefit both downstream model developers and upstream manufacturers, positioning data accumulation as a valuable asset for the domestic embodied intelligence industry [3] - The focus on data collection is expected to elevate its importance in industry development, with recommendations to pay attention to companies with potential in data elements, model training, and ontology configuration [3] Popular ETFs - The Robot ETF (562500) is the only ETF in the market with a scale exceeding 20 billion, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [4] - The Huaxia Sci-Tech AI ETF (589010) captures the "singularity moment" of the AI industry with a 20% price fluctuation limit and flexibility in small-cap stocks [4]

Market Review - The Huaxia Sci-Tech AI ETF (589010) increased by 2.62%, closing at 1.410 yuan, maintaining a high volatility pattern throughout the day, indicating strong upward momentum [1] - Among the 30 constituent stocks, 22 rose while 8 fell, with notable gains from companies like Cambricon, Obsidian Optics, and Yuntian Lefe [1] - The Robot ETF (562500) rose by 1.91%, closing at 1.015 yuan, with a daily high of 1.018 yuan and a low of 0.997 yuan, showing strong intraday support [1] - Out of 73 constituent stocks, 63 increased and only 10 decreased, highlighting a significant structural rebound within the sector [1] - The trading volume exceeded 1.1 billion yuan, indicating active trading, with a continued net inflow trend over the past three trading days [1] Hot News - Yushu Technology launched a full-body remote operation platform, showcasing its G1 robot performing household tasks under human control [2] - Microsoft is pursuing a more advanced form of AI called "superintelligence," aiming for breakthroughs in healthcare and clean energy, led by Mustafa Suleyman [2] - Nvidia's CEO Jensen Huang stated that China is likely to win the AI race due to favorable regulatory environments and lower energy costs, criticizing Western approaches as hindering progress [2] Institutional Insights - CITIC Securities highlighted the rapid establishment of data collection factories across the country, addressing the data scarcity in the embodied intelligence sector, which is expected to enhance model training advantages [3] - The circulation of data elements is benefiting both downstream model developers and upstream manufacturers, with domestic data collection potential being more substantial compared to overseas [3] - The focus on data collection is anticipated to elevate the importance of this aspect in the development of the embodied intelligence industry [3] Popular ETFs - The Robot ETF (562500) is the only ETF in the market with a scale exceeding 20 billion, offering the best liquidity and comprehensive coverage of the Chinese robotics industry [4] - The Huaxia Sci-Tech AI ETF (589010) is positioned as the brain of robotics, capturing the "singularity moment" in the AI industry with a 20% price fluctuation and small-cap elasticity [4]

Group 1 - Sam's Club app incident where a user reported being redirected to a pornographic website during payment, leading to customer service suggesting a re-download of the app from official channels [4][6] - Yu Minhong confirmed the departure of Sun Dongxu from Oriental Selection, stating there were no conflicts and maintaining good communication [4][6] - Pop Mart faced issues with misprinted product names, leading to the withdrawal of affected items from sale, while the misprints gained popularity in the secondary market [5][7] Group 2 - Sun Dongxu's total compensation for the fiscal year ending May 31, 2023, was reported at 16.39 million yuan, an increase from 10.49 million yuan the previous year [6] - Little Red Book obtained a payment license, allowing it to conduct internet payment services [6] -融创中国 announced the successful restructuring of $9.55 billion in offshore debt, marking it as the first major real estate company to clear its offshore debt [8][11] Group 3 - Tesla shareholders approved Elon Musk's unprecedented $1 trillion compensation plan, marking the highest executive reward in history [9] -碧桂园's offshore debt restructuring plan was approved by a majority of creditors, expected to reduce debt by approximately $11.7 billion [11] - Xiaomi announced the discontinuation of its calling app, clarifying that this does not affect the ability to make calls on Xiaomi phones [10][12] Group 4 -寒武纪's stock surged by 9.79%, surpassing Kweichow Moutai's stock price, reflecting strong market interest in the semiconductor sector [14] -百胜中国 stated that the strategic evaluation of the Pizza Hut brand by Yum! Brands will not impact its operations in China, where it continues to grow [13] - Nissan plans to sell its global headquarters for approximately 4.5 billion yuan as part of cost-cutting measures amid financial difficulties [17]

Group 1 - Sam's Club customer service responded to a payment issue where users were redirected to a pornographic site, suggesting users download the app from official channels [2] - Yu Minhong confirmed the departure of Sun Dongxu from Dongfang Zhenxuan, stating there were no conflicts and that Sun left for personal reasons [2][3] - Sun Dongxu's total compensation for the fiscal year 2023 was 16.39 million yuan, up from 10.49 million yuan the previous year [2] Group 2 - Xiaohongshu has obtained a payment license after its subsidiary, Ningzhi Information Technology, completed a shareholding change [3] - Pop Mart faced backlash for misprinting its brand name on products, leading to the withdrawal of affected items from sale [5] - The misprinted Pop Mart products have seen increased demand in the second-hand market, with prices rising [5] Group 3 - Sunac China announced the approval of its $9.55 billion offshore debt restructuring plan, marking it as the first major real estate company to clear its offshore debt [6] - Tesla shareholders approved Elon Musk's unprecedented $1 trillion compensation plan, which is the highest ever for a corporate leader [6] Group 4 - Xiaomi announced the discontinuation of its Xiaomi Call service, clarifying that this does not affect the ability to make phone calls with Xiaomi devices [7] - Country Garden's offshore debt restructuring plan received majority approval from creditors, aiming to reduce its debt scale by approximately $11.7 billion [8] Group 5 - The first batch of imported ovarian cancer treatment drugs has cleared customs in Beijing, marking a significant step in the supply chain for these medications [9] - Yum Brands is evaluating the strategic future of the Pizza Hut brand, but this will not impact its operations in China [10] Group 6 - Cambrian Technology's stock surged by 9.79%, surpassing Kweichow Moutai's stock price, reflecting strong market interest in the semiconductor sector [11][12] - Weichai Power nominated several candidates for its board of directors, including notable figures from the tech industry [12] Group 7 - Nissan plans to sell its global headquarters for approximately 4.5 billion yuan as part of cost-cutting measures amid financial difficulties [14] - The U.S. stock market saw a collective decline, with major tech stocks falling, while XPeng Motors experienced a significant increase in stock price [15]

Core Viewpoint - The article discusses the development of the BAAI Thor framework, which aims to enhance humanoid robots' ability to perform complex physical interactions in real-world environments, achieving human-level whole-body reactions and dynamic stability [7][8][31]. Group 1: Challenges in Humanoid Robot Control - Humanoid robots face two main challenges in transitioning from performers to laborers: the lack of human-like reaction mechanisms and the complexity of high-dimensional coordination control [9]. - The absence of effective human-like reaction mechanisms limits robots' performance under high external forces, as they often rely on rigid resistance strategies that can lead to instability [9][10]. - The high-dimensional nature of the control problem complicates the optimization of control strategies, as it involves numerous degrees of freedom and strong coupling between joints, making learning and adaptation difficult [10][11]. Group 2: BAAI Thor Framework - The BAAI Thor framework integrates biomechanical principles with innovative network structures to enable humanoid robots to achieve coordinated and stable responses in high-intensity force interactions [8][12]. - The framework includes two core components: the Force Adaptive Trunk Tilt Reward (FAT2), which guides robots to adjust their posture based on external forces, and a decoupled network structure that addresses high-dimensional coordination challenges [13][17]. Group 3: Experimental Validation - The BAAI Thor framework was tested on the Yushu G1 robot, which successfully pulled a car weighing approximately 1400 kg, demonstrating its capability for whole-body coordination and dynamic balance under extreme loads [18][20]. - Thor outperformed various baseline algorithms in force interaction tasks, achieving a peak pulling force of 167.7 N, which is about 48% of the robot's weight, representing a 68.9% performance improvement over the best baseline method [26][30]. - Quantitative analysis indicated that the introduction of the FAT2 reward function significantly enhanced the robot's adaptive posture adjustment capabilities, contributing approximately 80%-90% of the performance gains [30].

Core Insights - The cost of making robots perform dance routines is a significant concern for rental companies, with expenses reaching tens of thousands for a single performance [1][4] - The rental business incurs high costs primarily from secondary development and operational maintenance, with basic dance choreography costing around 3,000 yuan, while higher quality choreography can exceed 10,000 yuan [4] - The introduction of platforms like Lingchuang and Lingxin by Zhiyuan aims to streamline the process of programming and customizing robot performances, enhancing efficiency and user experience [5] Cost Structure - The average purchase cost for a humanoid robot is in the range of hundreds of thousands of yuan, with more advanced versions being more expensive due to their capability for secondary development [1][4] - Rental companies typically charge between 5,000 to 6,000 yuan per event, with monthly revenues around 50,000 yuan, indicating a balance between income and high operational costs [1] Technological Development - The Lingchuang platform focuses on action setting for robots, while the Lingxin platform emphasizes character and interaction content, allowing for tailored user experiences [5] - Developers can customize interaction logic and content based on specific applications, enhancing the robots' engagement with audiences [5] Financial Collaboration - Zhiyuan has partnered with financial entities to support the rental business, allowing rental companies to enter the market with lower initial investments through financial leverage [6] - The rental price for a full-sized humanoid robot like the A2 is projected to be between 20,000 to 30,000 yuan per month, providing a potential revenue stream for rental businesses [6]

Core Insights - The Chinese humanoid robot industry is rapidly advancing, leveraging manufacturing advantages and significantly reducing costs, making robots more accessible to consumers [1][2][4] - While China excels in hardware production and cost control, the U.S. maintains an edge in software ecosystems and AI capabilities, particularly in developing intelligent robots that can understand and interact with their environment [10][11][59] - The competition between Chinese and American humanoid robots is intensifying, with both sides focusing on different aspects of development: China on market penetration and cost reduction, and the U.S. on advanced AI and software integration [13][15][60] Industry Overview - The humanoid robot market is projected to experience explosive growth, with estimates suggesting that the global market could reach 1.1 trillion yuan by 2035, and the Chinese market alone could achieve 300 billion yuan [23][24] - As of mid-2025, over 220 humanoid robot companies exist globally, with Chinese firms accounting for more than half of this total [27] - The Chinese humanoid robot sector is witnessing a surge in enterprise registrations, with over 105 new companies established in the first half of 2025, reflecting a significant shift towards commercialization [42] Technological Developments - Chinese companies are focusing on specific industrial applications for humanoid robots, such as quality inspection in automotive manufacturing and precision tasks in agriculture [5][6][60] - Despite advancements, Chinese humanoid robots still face challenges in basic capabilities like motion control and autonomy, indicating a need for further technological development [31][34] - The U.S. is making strides in creating humanoid robots with advanced AI capabilities, such as Tesla's Optimus, which is designed to perform complex tasks and adapt to various environments [38][50][55] Market Dynamics - The competition is characterized by a divergence in strategies: Chinese firms prioritize cost-effective production and market capture, while American firms emphasize software innovation and AI integration [15][62] - Significant investments are flowing into the humanoid robot sector, with over 14 billion yuan raised globally in the first half of 2025, and Chinese companies securing a substantial portion of this funding [24][66] - The regional concentration of humanoid robot companies is notable, with the Yangtze River Delta region housing a significant share of enterprises, indicating a trend towards industrial clustering [43] Future Outlook - The humanoid robot industry is at a critical juncture, transitioning from basic mobility to functional task execution, with the potential for widespread application in various sectors due to labor shortages in aging societies [37][66] - The ultimate competition will hinge on the development of "embodied intelligence," which combines advanced AI with humanoid robotics, determining which country can produce robots that not only move but also think and adapt [19][64]