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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 […]
The British bank’s new note estimates humanoid robots can offset 60% of the projected labour-force decline by 2035, with China’s workforce shrinking by 37 million people over the next ten years. Up to 24 million humanoids would be needed. Barclays published a research note estimating that China’s deployment of humanoid robots could offset as much […]
Colin Angle, the robotics engineer who co-founded iRobot and spent 25 years turning the Roomba into the world’s most widely adopted home robot, has unveiled the prototype for his next act: a four-legged, plush-covered AI companion designed to follow you around your house, adapt to your daily habits, and make you feel something when it […]
Faraday Future announced on Thursday that it has raised $25 million through convertible promissory notes, bringing its total financing over the past two months to $70 million. The company says the capital is sufficient to fund Phase 1 of its robotics business plan through the end of 2026. The stock, which trades on Nasdaq under […]