US Stock Market Move | Positioning in Physical AI opens a new growth curve; Hesai (HSAI.US) rises 8%.

On Tuesday, Hesai (HSAI.US) rose 8% to $13.96. On the news front, on October 14, Hesai officially launched its 3D world data engine Kosmo, including the AI spatial camera Kosmo One and the Kosmo World cloud platform, enabling high-precision 3D data acquisition and efficient scene reconstruction to support Siasun Robot&Automation simulation training and world model development. The company also showcased application cases in embodied intelligence, film and television production, and commercial space digitalization, and entered into strategic partnerships with Galaxy General Siasun Robot&Automation, Yuanli Lingji, and others, preliminarily validating the product's application potential. BOCOM INTL believes that the launch of Kosmo marks the company's spatial intelligence strategy entering the productization stage. The company maintains its leadership in the automotive LiDAR market, while its SGI business has begun contributing revenue, and physical AI is expected to become a new growth driver.