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Aug 19
Baidu's AI cloud engine accelerates as advertising drag deepens

Baidu's second-quarter 2026 results confirm a business in the midst of a wrenching handover: an AI-powered core that is scaling faster than almost any other line item at the company, while the total revenue base is still shrinking. Group revenue fell 4% year-on-year to CNY31.3 billion (US$4.63 billion), the fifth straight quarter of annual decline, even as Baidu's AI-powered businesses grew 25% and accounted for half of Baidu General Business revenue for the second consecutive quarter, exceeding legacy-business revenue.

As competition in artificial intelligence shifts from model development toward real-world deployment, Xiaomi is betting that its advantage will come not only from building foundation models, but from integrating those models across a broad hardware ecosystem spanning smartphones, smart homes, and electric vehicles.

The 2026 World Robot Conference (WRC) recently opened in Beijing, with humanoid robots remaining the event's biggest focus. With China continuing to lead global humanoid robot shipments and the conference reaching new highs in scale each year, WRC has become a key showcase for humanoid robot makers to demonstrate their latest capabilities.

Marvell Technology is set to deepen its role in Google's AI infrastructure through an expanded agreement to develop custom chips, in a deal that could generate roughly US$120 billion in revenue for the chipmaker through fiscal 2033 if Google meets purchasing targets tied to the warrant, according to Reuters.

Hugging Face's latest summer 2026 open model report says Chinese labs have continued to lead in frontier open-model parameter scale since 2026, while the US center of competition has shifted from model labs such as Meta and Google to chipmakers like Nvidia and AMD.
InPsytech held its second-quarter 2026 earnings briefing and reported strong first-half results, with first-half revenue reaching NT$289 million (approx. US$9 million), up 50.4% from the same period in 2025. Net profit after tax came in at NT$89 million, underscoring the gradual impact of the company's core IP business and global expansion strategy.
LG Electronics is scaling up its robot training infrastructure with Nvidia, targeting 100,000 hours of real and synthetic data by the end of 2026 as it pushes its physical AI strategy toward commercialization. LG plans to use the data to improve its proprietary Robot Foundation Model (RFM) and unveil a bipedal humanoid in the first quarter of 2027, according to ETNews.
Tech leaders converged at the 2026 International Robotic Forum on August 19, where they laid out their visions for the evolution and next stages of physical AI. They noted that a robot's success does not lie simply in demonstrations or prototypes, but in whether it can function in real-world settings like factories, address safety concerns, and meet the needs of real customers.
For years, SpaceX's Starlink has defined the commercial low-Earth-orbit (LEO) satellite market, transforming satellite connectivity from a niche communications technology into a global broadband platform.

AI vision company Solomon is presenting new factory automation tools at Automation Taipei 2026, including an agentic physical AI platform, AR smart wiring guidance, and a next-generation 3D vision camera. The demonstrations are aimed at smart manufacturing, autonomous robotics, and AI server assembly use cases.

While robotics companies worldwide vie for business opportunities, Chinese vendors currently account for more than 90% of global humanoid robot shipments and occupy all five top positions by shipment volume, demonstrating China's strong position in humanoid robot development.

Techman Robot said on August 19 at Automation Taipei 2026 that it remains cautiously optimistic about the second half of 2026, expecting business to outperform the first half on continued strength in semiconductors and system integration (SI). The company also said server manufacturing's shift toward larger, heavier builds is creating new demand for high-payload robots.