Industry Briefing
A single destination for timely, editor-curated robotics news from around the world.
Travis Kalanick's Atoms Secures $1.7 Billion Funding Led by Andreessen Horowitz
Travis Kalanick's robotics venture, Atoms, has successfully raised $1.7 billion in a funding round led by Andreessen Horowitz, with Ben Horowitz joining the board. Notably, Uber participated in this round, marking a reconnection between Kalanick and the company he founded, which ousted him as CEO in 2017 due to various controversies. This funding is significant as it represents Kalanick's ambition to expand Atoms beyond its origins in ghost kitchens, with plans to delve into heavy industry automation and potentially mining. The investment is seen as a continuation of Kalanick's vision to digitize the physical world, leveraging software to enhance productivity in various sectors. Looking ahead, Kalanick has hinted at building a “wheelbase for robots” with Atoms, although specific plans remain undisclosed. The involvement of prominent investors like Andreessen Horowitz suggests a strong belief in Kalanick's capabilities to innovate within traditional industries, making this a development to watch closely in the robotics and automation landscape.
AI Fundraising Venture a16z Andreessen Horowitz robotics
Ex-Andreessen Horowitz partner slams his old firm, other VCs for 'political infiltration' around AI
John O'Farrell, a former partner at the venture capital firm Andreessen Horowitz, has raised concerns about the political action committee (PAC) Leading the Future, which is supported by his former employer. O'Farrell alleges that the PAC is engaging in tactics aimed at intimidating politicians. His comments highlight growing tensions around the influence of PACs in political discourse, particularly as they seek to sway legislative decisions and public opinion. The situation underscores the ongoing debate about the role of money in politics and the potential consequences for elected officials who may feel pressured to align with the interests of powerful backers.
Robotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
Join the RobotToday community on LinkedIn
Daily robotics news, in-depth analysis, conference highlights, and discussions with professionals worldwide.
