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China’s Unitree Predicts ‘ChatGPT Moment’ for Humanoid Robots Soon
Chinese CEO Says Humanoid Robots Near ‘ChatGPT Moment’ as Industry Accelerates China’s Humanoid Robot Industry Approaches Breakthrough By Eduardo Baptista, Ju-min Park and Laurie Chen BEIJING, Aug 20 (Reuters) – The CEO of Chinese humanoid robot unicorn Unitree said on Thursday the industry is edging towards a “ChatGPT moment” for robot brains, after the company’s…
Trustee seeks to foreclose $34.4M CMBS loan after alleged first-payment default
The loan did not stay with the original lender. The trustee says it was assigned into the trust effective May 20, 2026, the securitization step that places a loan into a CMBS pool. The filing then sets out the alleged defaults. It says two of the loan’s guarantors filed for Chapter 11 bankruptcy in New Jersey on…
A brief rate retreat pushes US pending home sales to a six-week peak
Analysts attributed the move partly to progress in US-Iran negotiations, which temporarily settled financial markets and brought the median monthly housing payment down to $2,598. That affordability window, however, proved fleeting. The 10-year Treasury yields, a key driver of 30-year fixed mortgage rates, ticked sharply higher on Wednesday morning after President Trump declared the ceasefire…
Hyperscalers Will Spend $750 Billion on AI This Year. Cummins Sells the Backup Power.
Data centers can’t simply shut down when the grid fails. That’s why these facilities require enormous backup generators capable of providing electricity almost immediately. That’s exactly what Cummins (CMI +0.27%) provides. The company best known for diesel engines also happens to be a major supplier of backup power for data centers, and that’s becoming increasingly…
Stonebridge parent company acquired by BetterHome Group
Mortgage Support Services Ltd (MSS), the parent company of Stonebridge Mortgage Solutions, has been acquired by BetterHome Group. Despite coming under the same ownership, Stonebridge Mortgage Solutions and HLPartnership – after the latter’s acquisition in 2024 – will continue to operate independently, retaining their existing brands, propositions and cultures. BetterHome Group said it sees…
Pennymac profit drops in Q2 as rates bite, layoffs follow
Pennymac profit drops in Q2 as rates bite, layoffs follow Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 5 hours ago Latest
