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SoftBank to invest $500M in robotics startup SkildAI

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SoftBank is negotiating a $500 million investment in Skild AI, a software company building a foundational model for robotics at a $4 billion valuation,...
Tech for Business

Ambi Robotics built a clever solution to automate pallet packing

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UC Berkeley spinout Ambi Robotics announced Tuesday the arrival of AmbiStack, a novel system that automates pallet packing. The system features an industrial robotic arm...
Tech for Business

LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M

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LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed...
Tech for Business

Meta’s Yann LeCun predicts a ‘new AI architectures paradigm’ within 5 years and ‘decade of robotics’

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Meta’s chief AI scientist, Yann LeCun, says that a “new paradigm of AI architectures” will emerge in the next three to five years, going...
Tech for Business

Ati Motors raises $20M as India’s robotics industry grows

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Ati Motors on Wednesday announced a $20 million raise. The funding arrives as the Indian-based autonomous mobile robots (AMR) startup looks toward global expansion....
Tech for Business

Symbotic set to take over Walmart’s robotics business

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Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business. Symbotic is paying...
Tech for Business

New OpenAI job listings reveal its robotics plans

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OpenAI disbanded its robotics department. Then, it brought it back. Now, through a social media post from its hardware director and newly published job...
Tech for Business

Boston Dynamics settles patent suit with military robotics firm Ghost

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Roughly two and a half years after their patent battle began, Boston Dynamics and Ghost Robotics have settled the dispute on reasonably amicable terms....
Tech for Business

Serve Robotics raises additional $80M as it scales sidewalk delivery robots

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Nvidia and Uber-backed Serve Robotics has raised $80 million in a direct offering of 4.2 million shares of common stock. This is on top...
Tech for Business

These 55 robotics companies are hiring

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From the looks of things, companies in the category — including Agility Robotics and Formlogic — can’t hire quickly enough. © 2024 TechCrunch. All rights...
Tech for Business

Samsung pays $181M to become largest shareholder of Rainbow Robotics

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Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7%...
Tech for Business

Slip Robotics snags $28M for its bots that can load a truck in five minutes

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Drop by any given loading dock and a buzz of forklifts — loaded up with goods — can be spotted maneuvering in and out...
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