00:00It's Benzinga and here's what's on the block.
00:02At the World Robot Conference in Beijing, Chinese companies showcased a variety of human-like
00:07robots demonstrating their progress in robotics with robots performing tasks like playing
00:12musical instruments and completing physical tasks.
00:15Meanwhile, Tesla's Optimus humanoid robot was displayed in a static state.
00:19Musk claims Tesla's Optimus robot could eventually perform household tasks and contribute
00:24to a $25 trillion valuation with factory tests planned next year, though its current capabilities
00:29remain uncertain.
00:31Although China's robotics industry has seen significant investment, U.S. companies remain
00:35ahead in development.
00:37Challenges like limited battery life still hinder full autonomy for these robots.
00:41For all things money, visit Benzinga.com.
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