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In July and August, Washington tightened restrictions on foreign-made advanced robotic systems and imposed steep tariffs on imported drones and their components, both moves citing national-security concerns. The drone tariffs take effect in September, with additional component tariffs following in 2027. These moves are part of a broader U.S. effort to restrict foreign technology in…
In the last few years, India’s online food delivery market has grown significantly, with both Zomato and Swiggy going public and the number of cloud kitchens increasing. Meanwhile, startups working on home services, such as on-demand household staffing platforms like Urban Company, Snabbit, and Pronto, have gained popularity. Silicon Valley-based startup Human Archive is tapping…
Tech companies are racing to build out infrastructure that can further drive the automation boom. Now, Japanese multinational SoftBank reportedly plans to create a new company designed to automate the creation of that infrastructure. SoftBank is putting together a new business called Roze AI, the Financial Times originally reported. Roze would seek to make data…
Chef Robotics CEO Rajat Bhageria likes to tell people — correctly — that his industry is a veritable startup graveyard. Whether you’re talking about Chowbotics, a salad-making startup that was acquired and later shut down by DoorDash, or Zume, a $400 million attempt to “disrupt” pizza delivery that collapsed in 2023, the effort to automate…
When we think about the existential threats of new technology, we’re usually thinking about something like the recent negotiations between Anthropic and the Pentagon over how AI can be used in the military. It’s terrifying to think about — how long will it be before a nuclear weapon can be detonated without any human intervention?…
Robotics company Sunday has raised a new funding round that has valued the company at unicorn status, meaning over $1 billion, it announced on Thursday. Sunday says it has raised a $165 million a $1.15 billion valuation in a Series B round led by Coatue Management. Other investors in the round include Tiger Global, Benchmark,…
“Alabama’s plan to put robots in maternity care proves controversial” It sounds like something from a science fiction novel, but Alabama officials’ plan to use robots to improve care for rural pregnant women and their babies is real. During a January White House roundtable touting the first grants to states under a new $50 billion…
SoftBank Group and Nvidia are in talks to lead an investment of over $1 billion at a $14 billion valuation in Skild AI, a software company building a foundational robotics model, Reuters reported. The nearly three-year-old startup was last valued at $4.7 billion in May when it raised $500 million in a round led by…
A couple of Thursdays ago, I awoke at nearly 4:30 a.m. to a dizzying Instagram DM. Rizzbot, a popular humanoid robot with more than 1 million TikTok followers and more than half a million followers on Instagram, had sent me a photo: he was flipping me off. No words. No explanation. Just a robot with its middle finger raised. Although I was shocked, a sinking feeling meant…
“Google’s ex-CEO Eric Schmidt shares warns of homicidal AI models” Talk about a killer app. Artificial intelligence models are vulnerable to hackers and could even be trained to off humans if they fall into the wrong hands, ex-Google CEO Eric Schmidt warned. The dire warning came Wednesday at a London conference in response to a…