On Tuesday, while the robotics industry continued pouring billions into machines that walk like humans, a startup called Genesis AI unveiled one that deliberately does not. Eno is a wheeled robot with a foldable tower, dexterous hands, and a foundation…
The hottest pitch in AI right now is not another chatbot. It is software that can run the machines on a factory floor, and a two-year-old Israeli startup has just raised $20m on the strength of programming parts for Jeff Bezos’s rockets. Limitless Labs…
Alibaba has revealed its first suite of AI models for robots, a move that says as much about where Chinese technology is heading as about the models themselves. The launch came as the industry pivots away from chatbots and towards agents, the systems m…
Yen-Ling Kuo always wanted to understand how things worked. When she was growing up in Taiwan, reading the story of Michael Faraday in elementary school piqued her curiosity about the natural world. During that time, she was introduced to Logo, a comp…
EngineAI, a Chinese maker of humanoid robots, has filed confidentially for an initial public offering in Hong Kong, Bloomberg reported on Friday, citing people familiar with the matter. The Shenzhen-based startup is working with China International Cap…
Dreame Technology, a Chinese maker of robotic vacuum cleaners, lawn mowers, and pool cleaners, is considering a Hong Kong initial public offering as soon as next year, according to Bloomberg. The company is working with advisers and could raise several…
THEKER, the Barcelona-based AI robotics company, has raised €73 million ($85 million) in a Series A to scale its generalist factory robots across industrial production environments. The round was led by CRV, with participation from Samsung, LVMH, Catha…
Here is a constraint that almost no one building physical AI says out loud, even though every one of them is quietly fighting it. A robot’s intelligence wants three things at once. It wants to be smart, meaning it can reason at the level of a frontier …
German robotics company NEURA Robotics has announced up to $1.4 billion in Series C funding to scale its cognitive robotics platform. The round values the company at approximately $7 billion, according to Bloomberg. NEURA says it is the largest funding…
Standard Bots has raised $200 million at a $1 billion valuation to expand US manufacturing of AI-powered robotic arms. The round was led by General Catalyst and RoboStrategy, a robotics-focused fund, and follows a $63 million raise nearly two years ago…