PATEO Signs MoU with Arm to Advance In-Vehicle Physical AI
Shanghai – September 23, 2026 -- PATEO (02889.HK) has signed a strategic Memorandum of Understanding with Arm to jointly develop physical AI applications for the automotive sector, targeting next-generation perception- and interaction-driven computing workloads for vehicles.
PATEO's AI revenue jumps 588.6% year-on-year in first half of 2026
The company reported approximately RMB 209 million in AI-related revenue for H1 2026, a 588.6% increase from the prior-year period, as its physical AI initiatives move from proof-of-concept to scaled deployment.