AI² Robotics, a Shenzhen-based company, secured $735 million in funding, boosting its valuation to $2.8 billion. The company focuses on wheeled humanoid robots, prioritizing durability and affordabili…
LG Electronics has established a Robotics Business Center directly under its CEO, consolidating commercialization, sales, and operations for home, industrial, and commercial robots. The move, reported…
LG Electronics announced Tuesday it will establish a Robotics Business Center directly under its CEO, effective Wednesday, to accelerate its push into physical AI. The unit, led by Song Si-yong, will …
Bear Robotics acquired Kinisi Robotics to boost its physical AI capabilities, as announced on The Robot Report Podcast. Kinisi Robotics founder Bren Pierce, a humanoid robotics Ph.D. from TUM, has rai…
Arm Holdings PLC's executive vice president of Physical AI Business Unit, Drew Henry, discussed the company's strategies for physical AI and robotics on The Robot Report Podcast. Arm is focusing on sa…
Bear Robotics acquired Kinisi Robotics to integrate its KR1 humanoid robot and physical AI capabilities, completing Bear's end-to-end physical AI robotics platform. The acquisition reunites Bear with …