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A single destination for timely, editor-curated robotics news from around the world.

Pegasus Tech Ventures launches $60M fund for physical AI startups

Pegasus Tech Ventures launches $60M fund for physical AI startups

Pegasus Tech Ventures, in collaboration with CYBERDYNE, has announced the launch of a $60 million fund aimed at supporting startups focused on robotics, physical AI, healthcare, automation, and intelligent systems. This initiative, unveiled recently, seeks to foster innovation in these rapidly evolving sectors, driven by the growing demand for advanced technological solutions in various industries. By investing in early-stage companies, Pegasus and CYBERDYNE aim to accelerate the development of cutting-edge technologies that can enhance efficiency and improve quality of life. The fund is expected to play a significant role in shaping the future of physical AI and related fields.

Artificial Intelligence Artificial Intelligence / Cognition Design / Development Financial Healthcare Robotics Investments
JD.com invests in three Chinese embodied AI startups in a one day spree

JD.com invests in three Chinese embodied AI startups in a one day spree

On Monday, JD.com, a prominent Chinese e-commerce company, announced the completion of strategic investments in three companies specializing in embodied intelligence: Spirit AI, LimX Dynamics, and EngineAI. The total investment is estimated to be around two billion yuan (approximately $280 million), marking a significant financial commitment in a single day. This move aligns with JD.com's strategy to enhance its supply chain capabilities through advanced technological solutions. The investments are expected to bolster the company's operational efficiency and innovation in the rapidly evolving e-commerce landscape.

Heavy Hitters Content and entertainment E-commerce and New Retail Highlight News
Tech stocks today: SpaceX becomes more valuable than Tesla

Tech stocks today: SpaceX becomes more valuable than Tesla

Tech stocks experienced a notable surge on Monday, following a ceasefire agreement between the US and Iran, which raised hopes for an end to the four-month-long conflict that has negatively impacted the global economy. Among the highlights was SpaceX's record-breaking initial public offering (IPO) on Friday, which saw its shares close at $160.95, a 19% increase from the IPO price of $135. This valuation catapulted SpaceX to a market capitalization of $2.1 trillion, surpassing Tesla's $1.52 trillion and making Elon Musk the world's first trillionaire. As a result of this IPO, SpaceX has now become the seventh-largest public company globally and the sixth-largest in the US, trailing only behind tech giants like Nvidia, Alphabet, Apple, Microsoft, Amazon, and Taiwan Semiconductor. Analysts suggest that discussions of a potential merger between SpaceX and Tesla are underway, with the possibility of integrating their technologies in the future. The enthusiasm surrounding SpaceX's IPO reflects broader optimism in the market, particularly regarding the potential for upcoming IPOs from AI startups OpenAI and Anthropic, both of which have filed for public offerings. Retail investors played a significant role in the IPO's success, driven by their support for Musk's vision. Experts believe that the current market can absorb new share issuances, indicating a robust environment for tech stocks moving forward.

Japanese Enterprises and Startups Develop Industry-Specific AI Using NVIDIA Nemotron Models

Japanese Enterprises and Startups Develop Industry-Specific AI Using NVIDIA Nemotron Models

NVIDIA has announced that prominent Japanese enterprises, startups, and research institutions are leveraging NVIDIA Nemotron™ open models to create industry-specific AI applications. This initiative aims to accelerate the development of AI solutions tailored to Japan's unique language, industries, and workforce needs. The significance of this development lies in its potential to address Japan's aging population and workforce transition, which has heightened the demand for localized AI solutions. Jensen Huang, founder and CEO of NVIDIA, emphasized the importance of open models in enabling nations and organizations to control their AI infrastructure, thereby fostering innovation and productivity. Looking ahead, various Japanese developers are customizing NVIDIA Nemotron models for specialized applications, such as financial-document translation and telecom network operations. No further timeline was disclosed at the time of publication.

Tech stocks today: SpaceX to buy Cursor, as it surpasses Tesla's market cap

Tech stocks today: SpaceX to buy Cursor, as it surpasses Tesla's market cap

SpaceX has announced its intention to acquire AI coding service Cursor for $60 billion, following a successful public debut that saw its market capitalization exceed that of Tesla. The announcement was made on Tuesday, June 16, 2026, and comes after SpaceX's record-setting IPO, which made it the largest in history and elevated Elon Musk to the status of the world's first trillionaire. The acquisition deal, which is expected to close in the third quarter pending regulatory approvals, is an all-stock transaction that follows an option SpaceX secured in April to either partner with Cursor or acquire it outright. Cursor, founded in 2022, has rapidly scaled its business, reporting annualized revenues of approximately $2.6 billion. The acquisition is part of a broader trend in the tech industry, as investors are keenly watching SpaceX's stock performance this week, which has already seen significant gains since its IPO. Additionally, the news sets the stage for potential IPOs from leading AI startups OpenAI and Anthropic, both of which have filed for public offerings this year.

SpaceX's Starmind Targets AI Labs with $6.3 Billion Compute Contracts

SpaceX's Starmind Targets AI Labs with $6.3 Billion Compute Contracts

SpaceX's Starmind is designed to provide wholesale AI compute services to businesses, particularly AI labs and cloud customers, rather than individual consumers. The service operates similarly to AWS, where users benefit from applications running on Starmind without direct subscriptions. The compute capacity of a single AI1 satellite is comparable to one NVIDIA GB300 rack, emphasizing its enterprise-grade capabilities. The significance of Starmind lies in its positioning as a potential fourth hyperscaler, joining the ranks of AWS, Microsoft Azure, and Google Cloud. The Reflection AI contract, valued at $150 million per month, exemplifies the enterprise-focused model, with total payments potentially reaching $6.3 billion through 2029. This contract highlights the growing demand for AI compute resources, particularly from AI-native startups and labs. Looking ahead, the focus will remain on securing additional enterprise contracts as Starmind expands its offerings. No consumer-facing products or subscriptions have been announced, and the current strategy is to cater to businesses with substantial AI workloads. No further timeline was disclosed at the time of publication.

Nebius and Nvidia launch Physical AI Living Lab for European robotics startups

Nebius and Nvidia launch Physical AI Living Lab for European robotics startups

Nebius, a prominent AI cloud company, has launched the Physical AI Living Lab, a six-month initiative aimed at supporting robotics startups across Britain and Europe. This program provides participants with access to Nvidia’s advanced physical AI development tools alongside Nebius’s robust AI cloud infrastructure. The initiative addresses a significant challenge faced by early-stage robotics companies, which often lack the resources to create large-scale simulations, generate synthetic data, and utilize accelerated computing necessary for their development. By offering these essential tools and support, Nebius aims to foster innovation and growth within the robotics sector, ultimately enhancing the capabilities of emerging technologies in the field.

Artificial Intelligence Computing AI cloud computing AI infrastructure automation news nebius
Highline Commerce Expands in Industry City, Utilizing Ultra Robotics for E-commerce Fulfillment

Highline Commerce Expands in Industry City, Utilizing Ultra Robotics for E-commerce Fulfillment

Highline Commerce, a third-party logistics provider, has expanded its operations to 60,000 square feet in Industry City, Brooklyn. This growth allows the company to fulfill up to 30 percent of its clients' orders using humanoid robots from Ultra Robotics, another tenant in the area. With e-commerce booming in New York City, Highline Commerce supports over 200 brands by providing essential distribution services. The significance of this expansion lies in the strategic positioning of Industry City as a hub for logistics and retail technology. New York has become a critical location for moving retail goods, with Amazon operating over 40 facilities in the region. Highline Commerce's growth reflects a shift in the narrative of New York as a manufacturing and fulfillment center, moving beyond its historical role as merely a sales market. Looking ahead, Highline Commerce's innovative use of humanoid robots in its fulfillment process marks a notable trend in the logistics sector. As the company continues to scale, it will be important to monitor how this integration of robotics influences efficiency and competitiveness in the rapidly evolving e-commerce landscape. No further timeline was disclosed at the time of publication.

Business Industry 3pl automation Brooklyn e-commerce
Japan promotes Osaka as a gateway for robotics and technology investment

Japan promotes Osaka as a gateway for robotics and technology investment

Japan is intensifying its campaign to draw foreign technology firms and investors to Osaka, aiming to establish the city as a viable entry point to the Japanese market and a center for innovation in key industries, including robotics, artificial intelligence, semiconductors, and advanced manufacturing. This initiative, spearheaded by the Japan External Trade Organization (JETRO), seeks to leverage Osaka's strategic location and existing infrastructure to foster a vibrant tech ecosystem. By promoting the city as an attractive destination for international businesses, Japan hopes to enhance its competitive edge in the global technology landscape. The push comes as part of broader economic strategies to stimulate growth and diversify the country's industrial base, particularly in response to increasing global competition in technology sectors.

Business Economy Features advanced manufacturing ai startups artificial intelligence
Reservoir acquires Contain to scale agtech startups

Reservoir acquires Contain to scale agtech startups

Reservoir has announced its acquisition of the agriculture finance platform Contain, with the aim of enhancing the growth of AI-driven startups in the agtech sector. As part of this strategic move, Nicola Kerslake, the founder of Contain, has been appointed as a general partner. This acquisition, which underscores Reservoir's commitment to advancing agricultural technology, is expected to leverage Contain's expertise in financing to support the scaling of innovative agricultural solutions. The deal was finalized recently, reflecting a growing interest in the intersection of technology and agriculture, particularly in the wake of increasing demands for sustainable farming practices.

Agriculture Investments Mergers & Acquisitions News Startups Reservoir
With aluminum prices up 20%, recycling startups bet on AI to cash in

With aluminum prices up 20%, recycling startups bet on AI to cash in

A number of recycling startups are leveraging artificial intelligence to enhance the recovery of essential minerals, particularly aluminum, in a bid to establish a substantial supply source for the metal. This innovative approach comes in response to the growing demand for aluminum in various industries, driven by its lightweight properties and versatility. By integrating AI technology into their recycling processes, these companies aim to increase efficiency and yield, ultimately contributing to a more sustainable circular economy. The initiative reflects a broader trend towards utilizing advanced technologies to address resource scarcity and environmental challenges. As these startups continue to refine their methods, they are poised to play a significant role in reshaping the recycling landscape and meeting the rising needs of the market.

AI Climate Aluminum AMP Robotics Exclusive recycling
Great Robots, Failed Companies: The Business Foundations Automation Startups Skip

Great Robots, Failed Companies: The Business Foundations Automation Startups Skip

Building a successful automation company involves challenges that extend beyond technical capabilities, according to industry experts. While teams may excel at designing functional robots or reliable automated systems, the real hurdles often lie in establishing the necessary business infrastructure to support these technologies. This aspect of development is frequently overlooked, yet it is crucial for turning innovative ideas into viable commercial ventures. As the automation sector continues to grow, addressing these foundational business issues will be essential for companies aiming to thrive in a competitive market.

Automation Business Technology automation industry automation news automation startup
Forum at XIN Summit: AI devices, robotics, and market fit shape Chinese startups’ global expansion

Forum at XIN Summit: AI devices, robotics, and market fit shape Chinese startups’ global expansion

At the XIN Summit held today, prominent experts from Asia's technology and globalization sectors convened to explore strategies for the international expansion of Chinese tech companies. The discussions spanned a wide range of topics, including artificial intelligence devices and robotics, with a focus on markets in Southeast Asia, Europe, and the United States. Speakers, who brought diverse expertise in investment, venture building, crowdfunding, and industrial operations, shared insights and outlined actionable steps for navigating the complexities of global markets. The summit aimed to equip attendees with the knowledge needed to leverage opportunities abroad and address the challenges faced by Chinese firms in their pursuit of growth on the international stage.

Events Content and entertainment E-commerce and New Retail Highlight News
WAIC 2026: Turing Award and Unicorns Unite at Tsinghua Innovation Night on July 17

WAIC 2026: Turing Award and Unicorns Unite at Tsinghua Innovation Night on July 17

The WAIC 2026 event is set to feature a unique convergence of Turing Award winners and unicorn startups at Tsinghua Innovation Night on July 17. This gathering aims to showcase groundbreaking advancements in technology and innovation, highlighting the intersection of academic excellence and entrepreneurial success. This event is significant as it represents a platform for collaboration between leading researchers and emerging companies, fostering an environment where innovative ideas can flourish. The participation of Turing Award laureates underscores the importance of academic contributions to the tech industry, while unicorns bring practical applications and market insights. Looking ahead, attendees can expect engaging discussions and networking opportunities that could lead to future collaborations. No further timeline was disclosed at the time of publication.

Artificial Intelligence Innovation Technology Events Startups
RoboBusiness invites robotics startups to showcase systems and software solutions

RoboBusiness invites robotics startups to showcase systems and software solutions

RoboBusiness is currently accepting applications from robotics startups interested in presenting their innovations at the upcoming RoboBusiness event. This opportunity is aimed at companies developing complete systems, components, or software solutions in the robotics sector. The event is set to take place in the near future, providing a platform for emerging technologies and ideas. The significance of this initiative lies in its potential to connect startups with industry leaders, investors, and potential partners. By showcasing their work, startups can gain visibility and feedback on their products, which is crucial for growth in a competitive market. This event highlights the increasing importance of innovation in robotics, as companies strive to develop solutions that meet evolving industry demands. Looking ahead, interested startups should prepare their applications promptly, as the deadline for submissions is approaching. No further timeline was disclosed at the time of publication, but participation in this event could lead to valuable networking opportunities and insights into market trends.

Events News Startups robobusiness
Zhang Yaqin: AI is not a bubble, but AI companies are.

Zhang Yaqin: AI is not a bubble, but AI companies are.

In June, during an interview at the Tsinghua Wuxi Research Institute's Intelligent Industry Innovation Center, Academician Zhang Yaqin discussed the current state of AI investment and entrepreneurship, suggesting a more cautious approach to the rapidly growing sector. Zhang, who founded the Tsinghua University Intelligent Industry Research Institute (AIR) five years ago, noted that while AIR has successfully incubated ten companies with a combined valuation of 150 billion yuan, its primary focus remains on research rather than commercialization. Zhang, a prominent figure in AI and a fellow of the IEEE, likened the current AI investment climate to the internet boom of 1998-1999, emphasizing the importance of sustainable growth and cautioning against the potential for market bubbles. He highlighted the need for new AI algorithms to enhance efficiency and pointed out that while the AI sector holds significant long-term potential, many early-stage companies may face challenges in proving their viability. Every June, AIR hosts the "Taihu Dialogue" in Wuxi, fostering discussions on AI advancements. Zhang expressed concerns about the risks associated with high valuations and the necessity for a focused approach in startups. He emphasized that while funding is crucial, it should not overshadow the importance of developing robust products and technologies. Looking ahead, Zhang identified "physical AI" as a key area for development by 2026 and outlined the challenges of creating robots capable of performing complex tasks in real-world environments. He underscored the importance of collaboration between academia and industry to cultivate talent and drive innovation in AI, while also addressing the ethical and safety risks associated with advanced AI systems.

You Could Be an Investor in High-Potential AI & Robotics Startups

You Could Be an Investor in High-Potential AI & Robotics Startups

Robotics Tomorrow has partnered with Alumni Ventures to provide readers with exclusive early access to investment opportunities in high-growth startups, particularly in the fields of artificial intelligence, deep technology, quantum computing, and cybersecurity. This initiative, which features collaborations with leading venture capital firms such as Andreessen Horowitz, Bessemer, and Y Combinator, aims to curate a selection of promising AI infrastructure startups. Interested individuals can explore these investment opportunities at no cost and without any obligation to invest. The initiative emphasizes the urgency of participation, as access to these deals will soon close, presenting a unique chance for potential investors to engage with cutting-edge technology ventures.

Masayoshi Son's SoftBank Renews Humanoid Robotics Hunt, Targeting AI-Driven Startups

Masayoshi Son's SoftBank Renews Humanoid Robotics Hunt, Targeting AI-Driven Startups

SoftBank is ramping up its efforts to invest in next-generation humanoid robotics after experiencing mixed outcomes with its Pepper robot. The company is focusing on AI-driven firms, specifically targeting Agility Robotics and Skild AI as potential investment opportunities. This strategic shift reflects SoftBank's commitment to advancing its robotics portfolio and adapting to the evolving landscape of artificial intelligence technology. The move comes as the demand for innovative robotic solutions continues to grow, highlighting the importance of integrating advanced AI capabilities into humanoid robots.

skild-ai AI Agility Robotics softbank Investment
Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups

Crypto VC firm Paradigm raises $1.2B to invest in ‘technical frontier’ startups

Paradigm, a prominent investment fund known for its cryptocurrency ventures, is set to broaden its investment strategy to encompass robotics and artificial intelligence (AI). This strategic shift reflects the fund's ambition to explore new technological frontiers beyond its original focus on digital currencies. By diversifying its portfolio, Paradigm aims to capitalize on the growing potential of these emerging sectors, which are increasingly seen as pivotal in shaping the future of technology and innovation. The expansion into robotics and AI is expected to position Paradigm at the forefront of investment opportunities in industries that are rapidly evolving and gaining traction in the market.

Venture crypto In Brief Paradigm
RJ Scaringe has raised more than $12B across three startups and investors still want more

RJ Scaringe has raised more than $12B across three startups and investors still want more

Investors are increasingly drawn to RJ Scaringe, the CEO of Rivian, due to his compelling storytelling and communication skills, which have been highlighted by Jiten Behl, a key figure at the company since its early days. As Rivian continues to grow, Scaringe's ability to articulate the company's vision and values has played a significant role in attracting investment and building confidence among stakeholders. This trend reflects a broader interest in innovative leadership within the electric vehicle sector, as Rivian positions itself as a major player in the market. The company's ongoing developments and strategic initiatives are expected to keep investor interest high as it navigates the competitive landscape.

Transportation also EVs mind robotics Rivian RJ Scaringe
Interview with Paul Dawalibi: Can Ras Al Khaimah become the Silicon Valley of the Middle East?

Interview with Paul Dawalibi: Can Ras Al Khaimah become the Silicon Valley of the Middle East?

In recent years, the focus of technology companies aiming to establish a foothold in the Middle East has shifted from the traditional hubs of Dubai and Abu Dhabi to emerging innovation centers. As competition for investment in artificial intelligence, robotics, and deep technology escalates globally, smaller cities are increasingly positioning themselves as viable alternatives. These agile hubs are actively working to attract tech firms by offering unique advantages and fostering an environment conducive to innovation. This shift reflects a broader trend in the region, where diverse locations are striving to enhance their appeal in the rapidly evolving tech landscape.

Business Economy Features Technology AI infrastructure artificial intelligence
AI Is Learning to Read the Room

AI Is Learning to Read the Room

Recent advancements in emotion AI technology are reshaping how machines interpret human feelings, particularly in professional settings. Companies like Meta and startups such as Hume AI are developing systems that analyze facial expressions, voice tones, and behaviors to gauge emotions during interactions like performance reviews. This technology, which has applications in employee well-being, recruitment, and customer service, aims to enhance communication by providing real-time feedback. Despite its rapid growth, current emotion AI systems often struggle to capture the complexity of human emotions, typically categorizing feelings into simplistic labels like "happy" or "sad." Researchers are now focusing on a new approach called human-context AI, which combines multiple inputs—such as facial dynamics and voice modulation—with situational context to better understand emotional nuances. This shift aims to close the gap between human emotional expression and machine interpretation. The origins of emotion AI trace back to the MIT Media Lab, where Rosalind Picard pioneered the concept of affective computing. Over the years, advancements in data collection and analysis have improved the accuracy of emotion detection. However, ethical concerns remain, particularly regarding privacy and the potential for misuse in workplaces and public spaces. As this technology evolves, it promises to enhance various applications, from professional development platforms to health care, by providing a deeper understanding of human emotions. Yet, experts caution against over-reliance on AI for critical decisions, emphasizing the importance of human insight in interpreting emotional signals.

Emotions Affective-computing Facial-expressions Companion-robots Multimodal-ai Machine-learning
How Musicians Can Get Paid for Training AI

How Musicians Can Get Paid for Training AI

In response to the challenges posed by generative AI on the music industry, startups like Sureel and SoundVerse are developing innovative solutions to ensure musicians are compensated fairly for their work. Following Warner Music Group's acquisition of Sureel, the company has partnered with the Swedish copyright agency STIM to create a system that tracks how music is used in AI training. This software allows creators to specify the terms of use for their music, ensuring they receive royalties based on its influence in AI-generated outputs. The ongoing debate centers on how to accurately attribute the contributions of various training data to the outputs produced by AI systems. SoundVerse advocates for a model that rewards artists continuously throughout the AI lifecycle, rather than through one-time payments. This approach aims to maintain the economic incentives that drive creativity while addressing concerns about AI's potential to undermine cultural vibrancy and artist livelihoods. As copyright lawsuits give way to negotiated agreements between major music labels and AI companies, there is a growing opportunity to establish fair compensation practices. Experts emphasize the need for transparent and equitable attribution systems that reflect the complex relationship between training data and AI outputs. Ultimately, the success of these initiatives may depend on collaboration across disciplines, including musicology, law, and economics, to create policies that support a sustainable creative sector in the age of AI.

Copyright Training-data Generative-ai Music
Japan's Terra Drone buys 2 Ukrainian drone makers in global push

Japan's Terra Drone buys 2 Ukrainian drone makers in global push

Terra Drone, a Tokyo-based company, has announced its acquisition of two Ukrainian drone manufacturers, Terra Drone and Amazing Drones, as part of its strategy to expand its presence in the global unmanned aerial vehicle market. This decision, made public on June 16, 2026, aims to leverage the combat-proven technology developed by these startups, which have reportedly created interceptor drones used in the ongoing conflict with Russia. By integrating these companies as subsidiaries, Terra Drone plans to market their advanced drone systems across Japan, Europe, and the Middle East. This move is motivated by the increasing demand for effective defense technologies in various regions, highlighting the growing significance of drone capabilities in modern warfare.

Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others

Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others

In recent months, investors have increasingly turned their attention to companies specializing in physical artificial intelligence (AI), signaling a growing confidence in the sector's potential. This surge in investment comes as advancements in AI technology continue to reshape various industries, from robotics to automation. The trend has been particularly pronounced since early 2023, with venture capital firms and private investors seeking to capitalize on the transformative capabilities of physical AI solutions. The influx of funding is driven by the recognition of AI's ability to enhance operational efficiency and reduce costs across sectors such as manufacturing, logistics, and healthcare. As businesses look to innovate and stay competitive, the demand for physical AI applications is expected to rise, prompting investors to support startups and established companies in this field. This investment wave is taking place primarily in technology hubs across North America and Europe, where many of these companies are based. As the physical AI market continues to evolve, it is likely to attract even more attention from investors eager to be part of a rapidly growing industry that promises to redefine the future of work and productivity.

Best Managed Virtual Assistant Services for Startups in 2026

Best Managed Virtual Assistant Services for Startups in 2026

Startup founders often face the challenge of managing their time effectively, as they typically do not require additional meetings but rather dependable assistance with administrative tasks. This includes inbox management, CRM follow-ups, and front-desk coverage, all without the burden of hiring another full-time employee. The insights shared are particularly aimed at operators in the fields of robotics, automation, and industrial technology, who seek scalable solutions that do not contribute to process inefficiencies. The recommendations provided focus on managed assistant services that can meet these needs, allowing startups to streamline operations while maintaining productivity.

Artificial Intelligence Business administrative support automation news Business Management business operations
Chinese entrepreneur's e-truck startup Windrose faces unpaid wage claims

Chinese entrepreneur's e-truck startup Windrose faces unpaid wage claims

Windrose, an electric truck startup founded by a Chinese entrepreneur, is struggling to meet its ambitious goals in the U.S. market. As of June 9, 2026, the company faces claims from former employees alleging unpaid wages amounting to hundreds of thousands of dollars. Despite the challenges, including difficulties in establishing a foothold in the competitive U.S. landscape, the founder acknowledges past mistakes but remains committed to pushing forward. The situation highlights the hurdles faced by international startups attempting to penetrate the American electric vehicle sector, as Windrose seeks to navigate these obstacles while striving for success.

India's $1/hour Data Collection Model Gains Popularity

India's $1/hour Data Collection Model Gains Popularity

A novel data collection model is emerging in India, utilizing head-mounted cameras worn by workers to capture first-person footage. This innovative approach, spearheaded by the teenage founders of Egolab AI, has garnered significant attention and was recently acquired by a US company, highlighting its growing importance in the industry. Additionally, the startup Human Archive has successfully raised $8.2 million to enhance this data collection method. This initiative not only aims to provide valuable data for artificial intelligence training but also offers workers an opportunity to earn supplementary income. The combination of technology and economic support is positioning these startups at the forefront of a transformative movement in data collection.

Data Collection AI Training Wearable Technology Gig Economy
Hyundai Mobis deepens robotics, physical AI push in Silicon Valley

Hyundai Mobis deepens robotics, physical AI push in Silicon Valley

Hyundai Mobis hosted its fifth Mobis Mobility Day on Monday in Sunnyvale, California, aiming to enhance collaboration in robotics and physical AI with international partners. The annual event, which serves as the company’s primary open innovation platform, attracted approximately 400 participants this year, more than doubling last year’s attendance. The gathering brought together startups, global automakers, and investors to discuss business strategies and explore potential partnerships, reflecting Hyundai Mobis' commitment to advancing innovation in the mobility sector.

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Hyundai Mobis Seeks Robotics Technology Alliances in U.S. Silicon Valley!

Hyundai Mobis Seeks Robotics Technology Alliances in U.S. Silicon Valley!

Mobis recently held its fifth annual "Mobis Mobility Day," an open innovation event centered on the theme of "Robotics and Physical AI." The event saw a significant increase in attendance, with representatives from startups, global automakers, and investors doubling compared to last year. This surge reflects the company's growing influence and achievements in Silicon Valley over the past five years. Mobis aims to enhance its competitiveness in emerging business sectors by identifying promising global companies at an early stage. To further this initiative, the company plans to organize an additional event in Asia later this year.

Katie Haun raises $1B for new venture funds

Katie Haun raises $1B for new venture funds

Katie Haun announced on Monday the successful raising of $1 billion through new funds aimed at supporting the firm’s ongoing commitment to investing in cryptocurrency and blockchain startups. This significant financial milestone reflects the growing confidence and interest in the digital asset space, as investors seek opportunities in innovative technologies. The funds will be allocated to various projects within the crypto and blockchain sectors, reinforcing the firm’s strategy to identify and nurture promising startups that are poised to shape the future of finance and technology.

Startups Venture a16z blockhain In Brief Katie Huan
BMW i Ventures Closes $300M Fund III to Back AI Across the Automotive Ecosystem

BMW i Ventures Closes $300M Fund III to Back AI Across the Automotive Ecosystem

BMW i Ventures has launched a new $300 million fund dedicated to investing in startups focused on artificial intelligence and advanced manufacturing within the automotive sector. This initiative, announced recently, represents the largest investment to date by the independent corporate venture capital arm of BMW AG. The fund, known as Fund III, aims to enhance the development of what BMW refers to as physical AI and agentic AI, reflecting the company's commitment to innovation in the automotive industry. By supporting these emerging technologies, BMW seeks to strengthen its competitive edge and drive advancements in vehicle manufacturing and functionality.

AI AI Funding & Investment Robotics automation automotive industry BMW i Ventures
Eclipse raises $1.3B to reshore manufacturing, strengthen supply chains

Eclipse raises $1.3B to reshore manufacturing, strengthen supply chains

A significant investment initiative has been launched to support startups specializing in robotics, automation, and other innovative technologies. This funding, primarily sourced from U.S. universities and foundations, aims to foster growth in these emerging sectors. The initiative underscores a growing recognition of the importance of technological advancement in driving economic development and enhancing productivity. By providing financial backing, the initiative seeks to empower entrepreneurs and facilitate the development of cutting-edge solutions that can address various challenges across industries. The funding is expected to play a crucial role in accelerating innovation and positioning the U.S. as a leader in the global technology landscape.

Asia’s Global Launchpad: BEYOND BGlobal Summit Connects Startups with Capital and Corporates [New Speakers and Topics Announced!]

Asia’s Global Launchpad: BEYOND BGlobal Summit Connects Startups with Capital and Corporates [New Speakers and Topics Announced!]

The BGlobal Summit will debut at the BEYOND Expo 2025 on May 22, marking a significant opportunity for startups and scale-ups aiming for international growth. This event is designed to serve as a launchpad for brands looking to establish a global presence from the outset. It will convene influential leaders, technology innovators, and cross-border facilitators to collaboratively explore the future of global commerce, innovation, and brand development. The summit aims to foster connections and provide insights that empower emerging businesses to navigate the complexities of international markets effectively.

Events BEYOND EXPO 2025 overseas expansion
From audio tapes to AI: Interview with TDK investment director Ankur Saxena

From audio tapes to AI: Interview with TDK investment director Ankur Saxena

Artificial intelligence has emerged as a leading focus in technology investment, yet some investors caution that the robotics sector may misinterpret the implications of recent advancements in large language models and generative AI. Ankur Saxena, the investment director at TDK Ventures, the corporate venture capital division of TDK, has voiced concerns regarding this trend. He emphasizes the need for a more nuanced understanding of how these AI breakthroughs can be effectively integrated into robotics, suggesting that a simplistic application of AI principles could lead to misguided strategies in the industry. Saxena's insights reflect a broader debate among investors about the future direction of robotics in light of AI developments, highlighting the importance of critical evaluation in investment decisions.

Features Financials & Investments Technology ai hardware ai robotics Ankur Saxena
Interview with Jun Wu of GMEX Robotics: ‘We provide an integrated terminal + brain closed-loop system’

Interview with Jun Wu of GMEX Robotics: ‘We provide an integrated terminal + brain closed-loop system’

As artificial intelligence continues to capture public attention, experts emphasize that the future of robotics hinges on more than just advanced software. While numerous companies are focused on creating sophisticated AI systems and foundation models, there is a growing consensus that the true challenge lies in integrating this intelligence with reliable hardware capable of functioning effectively in the physical environment. This perspective highlights the need for a holistic approach to robotics, where both software and hardware advancements are essential for achieving practical and efficient robotic solutions.

Features Robotics AI platforms ai robotics artificial intelligence automation news
Figure AI's CEO just raised $700 million for his next big bet

Figure AI's CEO just raised $700 million for his next big bet

Hark, a company established by Brett Adcock, the CEO of Figure AI, has successfully raised $700 million in funding. This significant investment positions Hark to compete with major players in the artificial intelligence sector, including OpenAI, Apple, Google, and Meta. The funding aims to accelerate the development of innovative AI hardware solutions, reflecting the growing demand for advanced technology in various industries. With this financial backing, Hark plans to enhance its capabilities and carve out a substantial presence in the competitive landscape of AI hardware innovation.

Tech AI Startups tech ai brett-adcock
How I taught myself to code, quit my consulting job, and started an AI robotics firm by age 25

How I taught myself to code, quit my consulting job, and started an AI robotics firm by age 25

Oscar Brisset, a 25-year-old entrepreneur, has transitioned from his role at Boston Consulting Group (BCG) to pursue a new venture in the tech industry. Utilizing his vacation days to acquire coding skills, Brisset has launched an AI robotics company that has gained backing from Y Combinator, a prominent startup accelerator. This strategic move reflects his commitment to innovation and the growing demand for advanced technology solutions. The decision to leave a stable position at BCG underscores his ambition to make a significant impact in the field of artificial intelligence and robotics.

Startups Careers Tech as-told-to contributor-2026 bcg
Agility Robotics Opens New Facility in Fremont to Train Humanoid Robot Digit

Agility Robotics Opens New Facility in Fremont to Train Humanoid Robot Digit

Agility Robotics is establishing a 60,000-square-foot facility in Fremont, California, to enhance the training of its humanoid robot, Digit. This location is strategically close to Tesla's factory, where production of the Optimus robot is anticipated to begin this year. Agility's CEO, Peggy Johnson, emphasized the importance of being in proximity to Tesla, as it fosters a competitive environment in the humanoid robotics sector. The significance of this development lies in Agility's established presence in the market, with Digit already generating revenue through tasks such as transporting totes and bins for major clients including Amazon and Toyota Motor Manufacturing Canada. The company has secured $300 million in contract orders, showcasing its commercial viability. Agility's approach focuses on practical autonomy, ensuring safety and compliance in operational environments, which sets it apart from newer AI-driven robotic startups. Looking ahead, Agility is in discussions with over 30 potential customers for Digit's deployment, and the new facility will facilitate the robot's skill development in realistic settings. The upcoming version 5 of Digit, expected to be revealed this fall, will feature enhanced capabilities to sense human presence, marking a significant step towards broader operational applications.

AI Robotics agility robotics Optimus Tesla
Embodied AI Chip Market Heats Up as Multiple Players Race for Dominance

Embodied AI Chip Market Heats Up as Multiple Players Race for Dominance

The embodied AI chip market is experiencing rapid growth as various companies compete for leadership in this emerging sector. As of October 2023, advancements in artificial intelligence and robotics have fueled the demand for specialized chips that enhance machine learning capabilities and improve efficiency in automated systems. Major tech firms and startups alike are investing heavily in research and development to create innovative solutions that cater to diverse applications, from autonomous vehicles to smart home devices. This surge in competition is driven by the increasing need for more sophisticated AI technologies that can process data in real-time and adapt to changing environments. As players in the market strive to differentiate their products, collaborations and partnerships are becoming common strategies to accelerate development and gain a competitive edge. The race for dominance in the embodied AI chip market is expected to intensify, with significant implications for the future of technology and automation.

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Why Huawei's Young Talents Are Flocking to Embodied Intelligence Startups

Why Huawei's Young Talents Are Flocking to Embodied Intelligence Startups

In recent months, a group of former Huawei employees has ventured into the embodied intelligence sector by establishing startups that harness their expertise in artificial intelligence and robotics. This surge in entrepreneurship is taking place against the backdrop of a rapidly growing industry, with over 230 domestic companies now operating in this field. The talent pool and technological foundation developed at Huawei are playing a crucial role in driving innovation and attracting substantial investment to these new ventures. This entrepreneurial wave aligns with the maturation of Huawei's 'Genius Youth' program, which has effectively equipped participants with the skills necessary for success in the competitive startup landscape.

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Japan targets $65bn in public-private physical AI investment by 2040

Japan targets $65bn in public-private physical AI investment by 2040

Japan is set to invest a total of 10.5 trillion yen (approximately $65.1 billion) in physical artificial intelligence by fiscal 2040, as part of a strategic growth plan announced by Prime Minister Sanae Takaichi's government. This initiative, revealed on June 20, 2026, focuses on 17 key sectors deemed vital for the country's economic advancement. The government aims to foster collaboration between public and private sectors to enhance Japan's technological capabilities and competitiveness in the global market. This ambitious investment strategy includes broadening subsidies for domestic semiconductor production, sending 30,000 young scientists abroad for research in AI and quantum technologies, and supporting the growth of dual-use tech startups. The overarching goal is to position Japan as a leader in AI and related fields, addressing the increasing demand for advanced technologies in various industries.

Japan's Terra Drone to buy 2 Ukrainian drone makers in global push

Japan's Terra Drone to buy 2 Ukrainian drone makers in global push

Terra Drone, a Tokyo-based company, has announced plans to acquire two Ukrainian military drone startups, WinnyLab and Amazing Drones, as part of its strategy to expand its market for unmanned aerial vehicles. This acquisition, revealed on June 16, 2026, aims to leverage the battle-tested technology developed by these companies, which have created interceptor drones reportedly utilized in the ongoing conflict against Russia. The move is part of Terra Drone's broader initiative to sell these advanced drones in various regions, including Japan, Europe, and the Middle East. By integrating proven military technology into its offerings, Terra Drone seeks to enhance its competitive edge in the global aerospace and defense market.

NVIDIA Corporation (NVDA) Partners with Nebius to Support AI Robotics Startup in Europe

NVIDIA Corporation (NVDA) Partners with Nebius to Support AI Robotics Startup in Europe

NVIDIA Corporation has announced a strategic partnership with Nebius to bolster the development of robotics startups across Europe. On June 9, the two companies reaffirmed their collaboration aimed at creating a cloud platform specifically for robotics and physical artificial intelligence. As part of this initiative, Nebius has launched the Physical AI Living Lab, which will provide UK and European robotics startups with access to NVIDIA's advanced development tools and Nebius AI's cloud infrastructure. This six-month program is designed to help early-stage robotics firms overcome challenges related to large-scale simulation, synthetic data, and accelerated computing resources. Startups participating in the program will utilize NVIDIA technologies, including OSMO for workload orchestration and Cosmos World Foundation models. The goal of the Physical AI Living Lab is to connect UK robotics innovation with market-ready physical AI solutions by offering affordable cloud-scale training. NVIDIA, a leading provider of specialized computer chips and a key player in the global AI revolution, continues to expand its influence beyond gaming graphics into comprehensive infrastructure for artificial intelligence.

PHOTOS: The sights of Berlin Air Show 2026 on Day 2

PHOTOS: The sights of Berlin Air Show 2026 on Day 2

On the second day of Germany's largest aerospace expo, a diverse array of photographs captured the dynamic atmosphere and significant developments within the industry. The event, held in Friedrichshafen, showcases cutting-edge technology and innovations from leading aerospace companies and startups. Attendees, including industry professionals, government officials, and aviation enthusiasts, gathered to explore advancements in aviation, space exploration, and defense systems. The expo serves as a vital platform for networking, knowledge exchange, and collaboration, reflecting the growing importance of aerospace in addressing global challenges. Through various presentations and exhibitions, participants engaged with the latest trends and future directions of the sector, emphasizing the industry's commitment to sustainability and technological progress.

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NVIDIA AI Cloud Ecosystem Expands Worldwide to Meet Global AI Compute Demand

NVIDIA AI Cloud Ecosystem Expands Worldwide to Meet Global AI Compute Demand

NVIDIA is spearheading the rapid expansion of AI factory infrastructure through its AI Cloud ecosystem, responding to the surging demand from a diverse range of stakeholders, including enterprises, startups, nations, AI laboratories, and developers focused on scaling agentic AI applications. This initiative is crucial as organizations increasingly seek to harness the power of artificial intelligence to enhance their operations and drive innovation. The collaboration among various partners is vital for building the necessary capacity to support this growing interest in AI technologies. As of October 2023, the momentum behind these developments reflects a significant shift in how businesses and governments are prioritizing AI, positioning NVIDIA at the forefront of this transformative movement in the tech industry.

Mobile robot arm "MobiRobo" for railway inspections to debut at JR East startup event on June 4.

Mobile robot arm "MobiRobo" for railway inspections to debut at JR East startup event on June 4.

Kailas Robotics has announced its participation in the 13th JR East Startup Program DEMO DAY, scheduled for June 4, 2026. This event will showcase innovative startups and provide them with a platform to present their projects to potential investors and industry leaders. The initiative aims to foster entrepreneurship and technological advancement within the region, highlighting the importance of collaboration between startups and established companies. By taking part in this event, Kailas Robotics seeks to gain visibility and support for its cutting-edge solutions in the robotics sector.

This former a16z partner and solo VC has backed 6 unicorns. Now he's raised $50 million to invest in hard tech

This former a16z partner and solo VC has backed 6 unicorns. Now he's raised $50 million to invest in hard tech

Refactor Capital, a venture capital firm established by Zal Bilimoria, has successfully raised $50 million for its fifth fund, which will focus on investments in hard technology. This new fund aims to support innovative companies developing advanced technological solutions. The fundraising comes at a time when there is a growing demand for investments in sectors that emphasize tangible, impactful technological advancements. Bilimoria's vision for the fund is to identify and nurture startups that are poised to make significant contributions to the hard tech landscape.

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Code, Compute and Connection: Inside the Inaugural NVIDIA AI Day São Paulo

Code, Compute and Connection: Inside the Inaugural NVIDIA AI Day São Paulo

NVIDIA AI Days, a global event series aimed at uniting AI enthusiasts, developers, researchers, and startups, recently took place in São Paulo, Brazil. This tour highlights NVIDIA's commitment to fostering innovation and collaboration within the artificial intelligence community. The São Paulo event attracted a diverse audience eager to explore the latest advancements in AI technology and applications. Participants engaged in discussions, workshops, and networking opportunities, all designed to inspire and empower the next generation of AI professionals. By hosting events in various locations worldwide, NVIDIA aims to democratize access to AI knowledge and resources, encouraging a collaborative environment that drives the industry forward.

K-Scale Labs Cancels K-Bot Orders, Open-Sources All IP After Funding Fails

K-Scale Labs Cancels K-Bot Orders, Open-Sources All IP After Funding Fails

An open-source robotics startup has announced significant layoffs, reducing its workforce to a minimal team, as it struggles to secure a lead investor necessary for mass production. The decision, made by the company's CEO, comes alongside the refunding of deposits to customers who had pre-ordered products. In a bid to maintain transparency and support the community, the startup will release all its hardware and software designs to the public. This move marks the end of the company's efforts to bring its innovative robotics solutions to market, highlighting the challenges faced by startups in securing funding and achieving scalability in a competitive industry.

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