A single destination for timely, editor-curated robotics news from around the world.
Hyundai has announced plans to enhance its robotics capabilities by acquiring the remaining shares of Boston Dynamics from Softbank for approximately $325 million. This acquisition follows Hyundai's previous purchase of an 80% stake in Boston Dynamics in 2021 for $1.1 billion. The automaker aims to...
FORT Robotics has announced a definitive business combination agreement with Newbury Street II Acquisition Corp, which will lead to the formation of FORT Robotics Holdings, Inc. The new entity is expected to be publicly traded on the Nasdaq under the ticker symbol 'FROB', with a pro-forma enterprise...
FORT Robotics, Inc. has entered into a definitive business combination agreement with Newbury Street II Acquisition Corp, which will lead to its public listing. This merger marks the creation of the first publicly traded company focused on the safe and scalable deployment of physical AI, establishin...
Arduino has transitioned into a new era following its acquisition by Qualcomm, which aims to integrate advanced AI and computing technologies with Arduino's open-source tools. This partnership is expected to enhance the development of intelligent machines, particularly in robotics and edge AI applic...
On July 30, Samsung Electronics publicly announced its evaluation of acquiring overseas robotics startups to accelerate its development and commercialization in the humanoid robot and PhysicalAI sectors. This follows the establishment of the RX (RoboticseXperience) robotics division, which reports d...
Qualcomm has announced its acquisition of PickNik, a move aimed at advancing open-source robotics and physical AI. This acquisition will enhance the integration of MoveIt, a leading robotics manipulation framework, with Qualcomm's Dragonwing Robotics platforms and Arduino platforms. The significanc...
TLD Robotics has officially launched as a subsidiary of Alvest, integrating EasyMile, TractEasy, and TLD’s driverless operations. This move follows Alvest's acquisition of EasyMile, a leader in autonomous technology, and signifies a strategic consolidation in the autonomous vehicle sector. The form...
TLD Robotics has officially launched as a new entity under the ALVEST Group, following the acquisition of EasyMile and TractEasy. This merger represents a significant milestone after a decade of collaboration, combining autonomous software and industrial vehicle capabilities to enhance ground operat...
Surge has officially launched Surge Robotics by acquiring a majority stake in Idea8, a product engineering firm. This strategic move allows Surge to expand into industrial automation and physical technology, integrating Idea8's expertise in IoT, edge computing, and sensor engineering with Surge's AI...
On September 3, NVIDIA announced its acquisition of Hugging Face for $11.9 billion, with up to $1 billion allocated for talent retention. Hugging Face, known for its extensive open-source AI resources, has 18 million developers, 3 million models, and 500,000 datasets. This acquisition marks a signif...
SoftBank is in negotiations to acquire a majority stake in humanoid robot startup 1X, which is valued at approximately $6 billion. The deal is not finalized and may still undergo adjustments. 1X focuses on household humanoid robots, with its flagship product being NEO. If the acquisition proceeds, i...
Locus Robotics Corp. has made significant strides in addressing robotic manipulation challenges by acquiring Nexera Robotics, known for its NeuraGrasp technology. This acquisition follows Locus's introduction of Array, a mobile manipulator designed for efficient robotic picking, which was launched i...
Neura Robotics, a German robotics startup, has announced its fifth acquisition in 16 months, acquiring Adlatus, a manufacturer of autonomous cleaning and sweeping robots. This acquisition aims to integrate Neura's sensor and AI technologies into Adlatus's fleet, enhancing the capabilities of these r...
SoftBank Group Corp. is reportedly evaluating a potential acquisition of Gravis Robotics AG. This move aligns with SoftBank's strategy to enhance its portfolio in artificial intelligence technologies that support robotics. The acquisition is significant as it highlights SoftBank's ongoing commitmen...
Japan is set to purchase 27,500 next-generation Rubin chips from Nvidia Corp. to develop a foundational AI model tailored for robotics. This initiative aims to enhance Japan's capabilities in creating sovereign AI systems that can be integrated into various robotic applications. The acquisition of...
Kraken Robotics Inc. has successfully completed its acquisition of Covelya Group Limited for approximately $615 million, a deal that was previously announced and is subject to closing adjustments. This acquisition, finalized today, marks a significant expansion for Kraken Robotics, a company listed...
Brennand Pierce, the founder and CEO of Kinisi Robotics, recently shared insights into the company’s innovative approach to physical artificial intelligence following its acquisition by Bear Robotics. This strategic move aims to enhance Bear Robotics' capabilities in the rapidly evolving field of ro...
Omnipresent Robotics is set to launch the initial deployment of up to 143 AGIBOT intelligent robots in Michigan. This initiative aims to enhance domestic teleoperation capabilities, facilitate VLA data processing, and support embodied AI training. The deployment is also expected to contribute to the...
Kraken Robotics has announced its agreement to acquire Covelya Group, a prominent international provider of essential underwater technology solutions. This acquisition includes Covelya's subsidiary companies, which are recognized leaders in the field: Sonardyne International Ltd., EIVA A/S, Forcys L...
Kraken Robotics Inc. has announced its plans to acquire 3D at Depth, Inc., a prominent American subsea technology firm known for its expertise in high-resolution LiDAR imaging and measurements. This acquisition, valued at $17 million in cash, will be executed through a subsidiary and includes adjust...
Doosan Robotics is advancing its business by developing innovative food and beverage solutions utilizing collaborative robots for tasks such as beer dispensing and cocktail making. On October 23, the company announced the deployment of its collaborative robot beer dispensing solution at the Airbot B...
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