{"slug": "china-now-has-its-own-ai-circular-financing-scheme", "title": "China now has its own AI circular financing scheme", "summary": "Unitree Robotics surged 460 percent in its Shanghai IPO, reaching a valuation of about $50 billion, but a Financial Times report reveals that much of the demand for its robots comes from state-backed training centers that buy the machines and sell the resulting data back to the manufacturers, a circular business model echoing Nvidia criticism in the US.", "body_md": "Unitree Robotics rose 460 percent in its Shanghai IPO, hitting a valuation of around $50 billion. But an FT report shows much of the demand for its robots comes from state-backed training centers that buy the machines and sell the resulting data back to the manufacturers, a circular business model that echoes the Nvidia criticism in the US.\n\nThe article [China now has its own AI circular financing scheme](https://the-decoder.com/china-now-has-its-own-ai-circular-financing-scheme/) appeared first on [The Decoder](https://the-decoder.com).", "url": "https://wpnews.pro/news/china-now-has-its-own-ai-circular-financing-scheme", "canonical_source": "https://the-decoder.com/china-now-has-its-own-ai-circular-financing-scheme/", "published_at": "2026-08-20 09:23:37+00:00", "updated_at": "2026-08-20 09:43:55.805038+00:00", "lang": "en", "topics": ["robotics", "artificial-intelligence"], "entities": ["Unitree Robotics", "Financial Times", "Nvidia"], "alternates": {"html": "https://wpnews.pro/news/china-now-has-its-own-ai-circular-financing-scheme", "markdown": "https://wpnews.pro/news/china-now-has-its-own-ai-circular-financing-scheme.md", "text": "https://wpnews.pro/news/china-now-has-its-own-ai-circular-financing-scheme.txt", "jsonld": "https://wpnews.pro/news/china-now-has-its-own-ai-circular-financing-scheme.jsonld"}}