HSAI

SHANGHAI, Oct. 14, 2026 /PRNewswire/ -- Hesai Group (Nasdaq: HSAI; HKEX: 2525) ("Hesai" or the "Company"), a Physical AI infrastructure company, today launched Kosmo, a 3D world data engine built to solve one of the most critical bottlenecks in Physical AI: access to high-quality real-world data at scale. Kosmo combines Kosmo One, the world's first AI spatial camera(1), with the Kosmo World cloud platform to transform physical environments into high-fidelity 3D digital spaces for robot training, world model development and immersive content creation.

Despite a weak industry backdrop, MBLY and HSAI are positioned to gain from rising ADAS adoption and the shift toward higher-value, technology-led content per vehicle.

China's Hesai launches spatial camera to boost AI-powered robotics adoption

As China's AI ecosystem continues to expand, these stocks provide investors with several different ways to monitor the country's accelerating AI buildout.

Hesai Group is expanding across lidar, robotics and spatial AI, with rising orders and revenue growth offset by shrinking margins.

Hesai Group manufactures advanced laser-based 3D sensors for automotive and robotics applications, targeting mass-market adoption. I previously rated HSAI stock a Hold, citing strong technology and market position but overextended valuation relative to fundamentals. Over the past year, HSAI underperformed sector ETFs, validating a cautious stance despite shipment acceleration and a robust roadmap.

Hesai Group (HSAI) Q2 2026 Earnings Call Transcript

Hesai Group NASDAQ: HSAI reported second-quarter 2026 revenue growth and a fifth consecutive quarter of GAAP profitability, while outlining an expanded strategy centered on LiDAR, spatial intelligence and robotic actuation modules.

Quarterly net revenues were RMB 860.8 million (US$ 126.9 million) 1

As the auto industry shifts toward electrification and autonomy, NIO, Mobileye, Hesai and Ouster are positioned to capitalize on the next era of transportation.