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Business
Physical Intelligence Raises $400M to Build Foundation Models for Robotics
Physical Intelligence, an AI and robotics startup, has raised $400 million in a funding round led by Jeff Bezos, along with participation from Thrive Capital and Lux Capital, pushing its valuation to $2.4 billion.
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News Desk
Business
Swiss-Mile Secures $22M in Seed Funding to Advance Embodied AI Robotics
The round was led by Jeff Bezos through Bezos Expeditions and HongShan, with participation from the Amazon Industrial Innovation Fund and Armada Investment
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News Desk
Technology
Perceptive Completes World’s First Fully AI Dental Procedure
This achievement signifies a significant advancement in dental care, integrating state-of-the-art imaging, artificial intelligence, and robotics to establish a new benchmark in the field.
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News Desk
Business
Skild AI Emerges from Stealth with $300 Million Series A Funding
Unlike vertically designed robots intended for specific applications or isolated environments, Skild AI's model serves as a general-purpose brain.
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News Desk
Technology
Mentee Robotics Unveils Advanced AI Humanoid Robot
The newly introduced Menteebot prototype integrates AI across all operational facets. It utilizes a Sim2Real machine learning approach for locomotion, training in a virtual environment before adapting to real-world conditions with minimal data.
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News Desk
Technology
Micropsi Industries Unveils MIRAI 2, Elevating Robotic Automation to New Heights
The new software comes equipped with five critical enhancements designed to bolster manufacturers' ability to deploy robots for complex tasks
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News Desk
Technology
Red Cat Partners with Primordial Labs to Introduce AI Voice Control to Drones
This collaboration is set to introduce an advanced AI-driven voice control technology, Anura, into Red Cat’s drone platforms, starting with the Teal 2 drones.
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News Desk
Business
AIBOT Secures $15 Million Grant for AI-eVTOL Development in California
This grant, administered by the California Governor’s Office of Business and Economic Development (GO-Biz), marks a substantial endorsement for AIBOT and the eVTOL sector.
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News Desk
Defense
Shield AI Raises $200 Million in Series F Funding for AI-Driven Aircraft
The latest investment, spearheaded by the U.S. Innovative Technology Fund (USIT) and supported by Riot Ventures, ARK Invest, and returning investors Disruptive and Snowpoint, brings the company's valuation to $2.7 billion.
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News Desk
Policy
AI Institute Initiates Comprehensive Research on Robotics and AI Ethics
The institution, stationed in Cambridge, MA, aims to delve deep into crucial societal questions arising from the evolution of intelligent machines, under Dr. Darling's leadership.
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News Desk
Business
Saab Acquires BlueBear to Boost AI and Autonomous Systems Capabilities
Located just outside Bedford, England, BlueBear reported a turnover of £8 million in 2022 and currently employs 65 individuals.
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News Desk
Defense
Shield AI and Sentient Vision Systems Collaborate on Advanced Defense Tech
Their collaboration focuses on introducing a wide area motion imagery (WAMI) solution tailored for the Department of Defense (DoD), Australian Defense Forces (ADF), and other international entities.
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News Desk
Defense
Teleidoscope Secures $100M Contract for Modern AI-Based Air Defense System
The new AI-enabled system, spearheaded by the Defense Innovation Unit (DIU), promises a tenfold improvement in performance over the existing system, with sustainability costs halved.
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News Desk
Defense
Red Cat Holdings Provides Teal 2 sUAS to U.S. Defense Logistics Agency
The U.S. Air Force Security Forces, responsible for safeguarding Air Force bases, made the request. They will receive 172 units of the Teal 2, accompanied by spare parts and necessary training.
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News Desk
Technology
Seattle Startup Aims to Revolutionize Firefighting with AI-powered Drones
Data Blanket specializes in deploying AI-powered drones designed to autonomously assess and monitor wildfires, providing real-time aerial imagery to those at the frontline of the blazes.
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News Desk
Business
Simbe Raises $28M in Series B Funding Led by Eclipse for AI and Automation in Retail
Simbe's AI and robotics technology aims to enhance retailers' performance by providing real-time insights into inventory and operations.
by
News Desk
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