What happened in this Tech story?

Unitree has been repriced by investors around the prospect that chatbot-era models can operate machines, shifting attention from the robot maker’s hardware toward the software layer that could turn lab demonstrations into useful products.

What is a key fact in this story? (1)

**Unitree** shares climbed more than 60% since Oct. 15, hit the 20% daily limit Friday at 624 yuan ($93.55), then rose 7.69% Monday to 672 yuan ($100.75), lifting market value to 271.8 billion yuan ($40.8 billion).

What is a key fact in this story? (2)

**Wang Xingxing** said at the Oct. 22 World Physical AI Conference in Hangzhou, Unitree’s first partner conference in a decade, that large models could break through in physical AI in one to two years, or two to three otherwise, and that OpenAI’s GPT-6 Astra can already direct robots with zero training.

Unitree Stock Jumps as Investors Bet Chatbot AI Will Finally Give Robots a Brain — SkimNews

By Decrypt · Summarized & edited by Kapil Samant · 2026-10-26

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Unitree shares climbed more than 60% since Oct. 15, hit the 20% daily limit Friday at 624 yuan ($93.55), then rose 7.69% Monday to 672 yuan ($100.75), lifting market value to 271.8 billion yuan ($40.8 billion).
Wang Xingxing said at the Oct. 22 World Physical AI Conference in Hangzhou, Unitree’s first partner conference in a decade, that large models could break through in physical AI in one to two years, or two to three otherwise, and that OpenAI’s GPT-6 Astra can already direct robots with zero training.
JPMorgan upgraded Unitree to overweight from underweight on Oct. 26 and raised its price target to 995 yuan ($149.17), shifting its view after conversations with Wang and other executives and a review of the humanoid lineup in Hangzhou; it had previously called Unitree too hardware-heavy and weak in software.
G1 humanoid costs roughly $16,000, less than rival humanoids.
Unitree already sells robots, while Figure AI partnered with OpenAI in 2024 to use OpenAI models in its humanoids and Tesla has only just started producing Optimus at Fremont, expecting outside deliveries around the end of 2027.
Unitree robots have been flagged for security flaws involving unnotified streaming of users’ audio, video and spatial data to outside servers, even as interest in physical AI pushed the valuation higher.
Unitree went public on Aug. 19 on the Shanghai Stock Exchange’s STAR Market, a tech-focused board.

Why it matters: JPMorgan’s upgrade to overweight and 995-yuan target gives Unitree investors a concrete benchmark after a 20% limit-up, while answering the bank’s earlier critique that the robot maker was too hardware-heavy and weak in software. That software-led case arrives alongside unnotified streaming of users’ audio, video and spatial data to outside servers.