Apple expands robotics team ahead of potential product launch

Faraday Future Intelligent Electric Inc. said it believes it has regained compliance with the Nasdaq Capital Market's Equity Standard as of July 31, 2026, and has maintained compliance through the date of its latest Current Financial Report. The company's Total Stockholders' Equity had fallen to $1.412 million as of June 30, 2026, below the $2.5 million minimum required by Nasdaq Listing Rule 5550(b)(1). During July and August 2026, FF reduced notes payable by approximately $10.0 million based on a preliminary fair valuation of the instrument as of June 30, 2026, lowered its derivative call option liability by approximately $5.8 million, and cut accounts payable and accrued liabilities by approximately $15.3 million, primarily through a $13.5 million reduction in employee-related liabilities and a $2.5 million cleanup of legacy vendor accounts payable. The company said its EAI robot cumulative sales and shipments reached 552 units by August end since deliveries began in February, with positive product gross margin, as it works toward its full-year target of 2,000 units. Nasdaq will continue to monitor the company's ongoing compliance, and final third-quarter 2026 financial results remain subject to auditor review and will be disclosed in the company's Form 10-Q for Q3 2026.

MBody AI Ltd. announced the completion of its corporate name change from Check-Cap Ltd., establishing a unified public-market identity following its merger with MBody AI Corp. on August 26, 2026, and a $10.0 million underwritten public offering on August 27, 2026. The company's ordinary shares continue to trade on the Nasdaq Capital Market under the symbol MBAI, with a CUSIP of M6S83C106. In the merger, former stockholders of MBody AI Corp. received an aggregate of approximately 12,379,581 ordinary shares, representing approximately 90% of the company's outstanding ordinary shares immediately after the merger and before the offering closed. The offering consisted of 1,538,462 ordinary shares at $6.50 per share, for gross proceeds of approximately $10.0 million, with no warrants, preferred shares, or convertible securities issued. As of September 15, 2026, the company had 15,293,584 ordinary shares issued and outstanding and a market capitalization of approximately $99 million. MBody AI, whose Orchestrator platform manages robot fleets across eleven U.S. states and Canada, serves Fortune 500 gaming and hospitality operators including Mohegan Sun, and its fleets have cumulatively delivered service across approximately 600 million square feet of large-scale hospitality environments.

Cheetah Mobile reported second-quarter revenue of RMB266.1 million, up 9.9% year over year and 2.7% sequentially, while its non-GAAP operating loss widened to RMB25.6 million from RMB2.1 million a year earlier. Chief Financial Officer Thomas Jintao Ren attributed the larger loss to lower advertising agency services revenue within global enterprise services and continued investment in robotics commercialization. The cloud and AI infrastructure business was the main growth driver, with revenue up 83.1% year over year to RMB59.1 million, or 22.2% of total revenue, and gross billings exceeding RMB500 million in the quarter; Chairman and CEO Fu Sheng said the company expects cloud and AI infrastructure gross billings to exceed RMB2 billion in 2026, growth of more than 100% year over year, with related revenue surpassing RMB200 million. Robotics and other businesses generated RMB54.5 million in revenue, up 72.5% year over year, helped by the UFACTORY acquisition in July 2025, and smart mobility products began shipping and contributing revenue during the quarter, though the segment's adjusted operating loss widened sequentially to RMB34 million. Internet services revenue fell 17.3% year over year to RMB130.5 million, but adjusted operating profit in that segment rose 14.2% to RMB25.4 million as its adjusted operating margin expanded to 19.4%.