Hesai Shares Climb 8% as Physical AI Expansion Opens New Growth Path

Stock News10-20

On Tuesday, Hesai Group (HSAI.US) shares rose 8% to $13.96.

On October 14, the company officially launched Kosmo, a three-dimensional world data engine that includes the AI spatial camera Kosmo One and the Kosmo World cloud platform.

The system enables high-precision 3D data capture and efficient scene reconstruction, supporting robot simulation training and world model development.

The company also showcased application cases in embodied intelligence, film and television production, and commercial space digitization, and formed strategic partnerships with Galaxy General Robotics and Yuanli Lingji, among others, preliminarily validating the product's application potential.

Analysts noted that Kosmo's release marks the company's spatial intelligence strategy entering the productization phase.

The company maintains a leading position in the automotive lidar market, while its SGI business has already begun contributing revenue, and physical AI is expected to become a new growth driver.

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