BlackBerry's CEO Identifies AI-Powered Robots as Key Growth Area
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BlackBerry CEO John Giamatteo has identified AI-powered robots as a significant growth opportunity for the company, which has shifted focus from smartphones to advanced software solutions. The QNX software division is experiencing rapid growth, with a royalty backlog exceeding $1.2 billion, driven by the demand for physical AI applications in various sectors beyond automotive.
This shift is crucial as BlackBerry aims to leverage its expertise in automotive software to cater to the expanding robotics market. Giamatteo noted that robotics is one of the fastest-growing segments within QNX, highlighting the company's potential to provide essential software for safe and reliable machine operations. The partnership with Nvidia further enhances these prospects, as it has established QNX as the preferred platform for various automated systems.
BlackBerry's QNX royalty backlog has increased by over $250 million in just two quarters, reflecting strong demand for advanced computing systems and software offerings. No further timeline was disclosed at the time of publication regarding specific product launches or partnerships in the robotics sector.
Original report
BlackBerry reinvented: CEO sees big opportunities AI-powered robots
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