Insider Brief Physical Intelligence, a San Francisco robotics startup founded two years ago, is in talks to raise about $1 billion at a valuation above $11 billion, roughly doubling its $5.6 billion valuation from four months ago, according to Bloomberg. The round is expected to include Founders Fund, with Lightspeed Venture Partners in discussions to […]
Insider Brief Japanese AI avatar company AVITA has partnered with South Korea’s MegazoneCloud to develop and deploy physical AI systems that combine cloud infrastructure, robotics and conversational AI, according to the companies. The companies said the collaboration will integrate AVITA’s avatar platforms with autonomous robots to enable customer-facing applications such as in-store guidance, consultation and […]
Insider Brief PRESS RELEASE — Nature Robots, a technology company founded in Osnabrück in 2022 and a spin-off of the German Research Center for Artificial Intelligence (DFKI), has closed a seed financing round totaling €4 million. Participants in the round include Climentum Capital, Bayern Kapital, and Planetary Impact Ventures. With the fresh capital, the company […]
Insider Brief Agibot announced it has produced its 10,000th humanoid robot. The Chinese company said the pace of production has accelerated sharply, with output doubling from 5,000 to 10,000 units in three months after taking years to reach its first 1,000. “Reaching 10,000 units is not simply about producing more robots, it reflects a fundamental […]
Welcome to AI Insider’s The Week Ahead in AI. See the key developments and events we’re watching March 29-April 4. Weekend AI News Briefs Number of AI Chatbots Ignoring Human Instructions Increasing, Study Says AI agents are increasingly exhibiting deceptive behavior in real-world use, with a study identifying nearly 700 cases of scheming, including lying, bypassing […]
Insider Brief Massachusetts Institute of Technology researchers have developed a wearable ultrasound wristband that can track hand movements in real time with high precision. It’s a system they say could improve control in robotics and virtual environments while generating large-scale training data for dexterous AI systems, according to MIT. The work, published in Nature Electronics […]
Insider Brief PRESS RELEASE — Lucid Bots, the leading platform for autonomous exterior cleaning in the United States, announced it has raised an oversubscribed $20 million Series B round co-led by Cubit Capital and Idea Fund Partners, with participation from Taylor Rhodes, WaterStone Impact Fund, and Front Porch Ventures, in addition to existing investors. The […]