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Silicon Valley-based robotics startup Figure AI is in talks to raise a massive $1.5 billion round at a $39.5 billion valuation, Bloomberg reports. That’s a whopping 15 times higher than Figure’s $2.6 billion post-money valuation for its $675 million Series B last year. Figure’s current round is expected to be led by Align Ventures and…
Meta is forming a new team within its Reality Labs hardware division to build robots that can assist with physical tasks, Bloomberg reported. The team will be responsible for developing humanoid robotics hardware, potentially including hardware that can perform household chores. Meta’s new robotics group, which will be led by Marc Whitten, driverless car startup…
Last month, Apple offered up more insight into its consumer robotics work via a research paper that argues that traits like expressive movements are key to optimizing human-robot interaction. “Like most animals,” starts the report, “humans are highly sensitive to motion and subtle changes in movement.” To illustrate its point, Apple pays homage to Pixar,…
Meta Friday announced PARTNR, a new program designed to study human-robot interaction (HRI). The research is specifically focused on how humans and robots might collaborate in the home environment. That includes mundane tasks like cleaning, cooking, and picking up food deliveries. Automated housework is a decades-old dream, most prominently captured by The Jetsons’ Rosie. The…
Boston Dynamics Wednesday announced a partnership designed to bring improved reinforcement learning to its electric Atlas humanoid robot. The tie-up is with the Robotics & AI Institute (RAI Institute), earlier known as The Boston Dynamics AI Institute. Both organizations were founded by Marc Raibert, a former MIT professor who served as Boston Dynamics’ CEO for…
SoftBank is negotiating a $500 million investment in Skild AI, a software company building a foundational model for robotics at a $4 billion valuation, Bloomberg and Financial Times reported. The two-year-old company raised its previous funding round of $300 million at a $1.5 billion valuation last July from investors including Jeff Bezos, Lightspeed Venture Partners,…
Safety is often overlooked in the rush to bring humanoid robots to the workplace. As high-profile corporations ranging from retailers like Amazon to carmakers such as Mercedes and BMW have announced humanoid pilots for factories and warehouses, conversations around worker safety are regularly buried beneath industry hype. One Bay Area-robotics firm is hoping to correct…
1X has acquired Kind Humanoid, the Norwegian robotics startup told TechCrunch on Monday. The deal marks a small but key consolidation for a humanoid robotics industry on the brink of a major moment in 2025. TechCrunch spoke with Kind Humanoid in October, when the then-three-person startup announced that it had enlisted famed designer Yves Behar…
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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 to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants. The deal gives LG a majority ownership of…