Written by Cheng Zi

Published on

7 May 2026

6 mins read

In late April, Manycore Tech listed in Hong Kong, with its shares surging nearly fourfold over two days. After 15 years as a home design technology company, during which it accumulated large volumes of 3D model data with real-world physical parameters, Manycore’s debut as the first publicly listed company among Hangzhou’s “six little dragons” added to the fanfare around “physical AI,” or artificial intelligence systems that interact with the physical world.