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, Cathay Innovation, 20VC, Henkel Ventures, Korelya, and Bright Pixel Capital. It marks Samsung’s first-ever investment in a Spanish […]
LG Electronics shares have quadrupled this year. The stock hit its 30% daily limit for a second consecutive session on Monday after reports that LG Group Chair Koo Kwang-mo will meet Nvidia CEO Jensen Huang on 5 June. The meeting will focus on expanding cooperation in physical AI. The rally began last week when LG […]
The first robot in Nvidia’s new research line is a collaboration with three flags on it. The body comes from China’s Unitree, the hands from Singapore-headquartered Sharpa, and the computing brain from Nvidia. After Jensen Huang’s keynote in Taipei on Monday, ahead of the Computex trade show, the company said it plans to repeat the […]
Foundation Future Industries, a San Francisco startup founded in 2024, sent two of its Phantom MK-1 humanoid robots to Ukraine earlier this year. The company described it as the first known deployment of humanoid robots in a combat theatre. The tests, backed by the US government and conducted with Ukrainian officials, focused on logistics in […]
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Stord, a logistics technology company that helps retailers manage inventory, checkout, and fulfillment, has raised $250 million in a Series F round that values the company at $3 billion. The round was led by Strike Capital with participation from Founders Fund, Kleiner Perkins, Franklin Templeton, Baillie Gifford, G Squared, and Bond. The funding doubles Stord’s valuation […]
Summary: China has launched a national ID system for humanoid robots, assigning each a 29-character code that tracks it from production to recycling. Over 28,000 robots across 200 models already have IDs. The system logs real-time performance data including joint wear, battery status, and AI training history. China has launched a national identification system […]
Orbit Robotics, a Zurich-based startup, has unveiled Helios, a four-armed robot designed to work inside space stations. In microgravity, legs are useless. Helios replaces them with two extra arms that serve as both mobility aids and working hands. The design logic is simple. Two arms anchor the robot to the station interior while the other […]
Shares jumped 12% as the Japanese industrial group opened a San Jose development base with Nvidia, Analog Devices, Microsoft, and Fujitsu, with its four-legged CORLEO mobility concept as the first showcase. Kawasaki Heavy Industries said on Friday it will partner with Nvidia and a handful of other US and Japanese firms on physical AI for robots, opening […]
