In May, the financing amount of the embodiment intelligence industry decreased by nearly 60% compared to the previous month.

The booming artificial intelligence industry is showing signs of cooling in the primary market for financing. According to incomplete statistics from the industry agency, in May 2026, the artificial intelligence industry experienced a total of 51 financing events, with a total amount of 8.6 billion yuan, a year-on-year increase of 145.50% but a decrease of 58.65% from the previous month. This change also indicates that the artificial intelligence industry is undergoing a necessary transition from chasing concepts to rational examination. At the recent 2026 SuperLink Conference for investors, the direction and logic of investment in artificial intelligence was a hot topic among attendees. Participants generally believe that artificial intelligence technology is still in its early stages, with technology routes yet to converge, and should be cautiously optimistic in the short term. In terms of specific investment directions, capital is shifting from chasing complete machine enterprises to focusing on core components, data infrastructure, and other underlying capabilities. Low-altitude, deep-sea, and other non-human form scenes are also coming into focus.