Dexterity has efficiently raised an extra $95 million in funding to additional develop its revolutionary idea of “Bodily AI,” a know-how designed to equip robots with the intelligence wanted to execute bodily duties effectively.
In a LinkedIn put up on Tuesday (March 11), Dexterity described its “AI of AIs” method, which contains lots of of Bodily AI fashions to allow robots to carry out key capabilities similar to loading vehicles, singulating parcels, and palletizing items for a few of the world’s largest firms. The corporate emphasised that this funding marks only the start of its mission.
Dexterity highlighted that its know-how goals to boost productiveness and handle ongoing labor shortages in varied industries. In keeping with the corporate’s web site, its Bodily AI and robotics options provide robots human-like dexterity, the flexibility to automate repetitive duties, and carry out complicated manipulations in unpredictable environments.
These developments are notably related to logistics, warehousing, and provide chain operations, the place automation and effectivity are more and more in demand.
Lightspeed, which co-led the most recent funding spherical alongside Sumitomo Corp., shared in a LinkedIn put up that it has supported Dexterity since its preliminary seed spherical in 2017. The agency reaffirmed its dedication to working with Dexterity because it continues to push the boundaries of AI-powered robotics, enhancing effectivity, automation, and decision-making throughout industries.
In the meantime, the robotics sector continues to draw important funding. On Feb. 14, stories surfaced that Determine was negotiating with buyers to boost $1.5 billion to advance its humanoid robotics initiatives, with expectations that these robots could possibly be deployed in houses inside just a few years.
In August, Determine launched its second-generation humanoid robotic, Determine 02, boasting superior dexterity and AI capabilities designed to deal with a various vary of economic duties and, finally, family purposes.
On the identical day, it was reported that Meta is forming a specialised staff to develop AI-powered humanoid robots able to performing family chores. The initiative will deal with enhancing AI, sensors, and software program, doubtlessly benefiting corporations concerned in manufacturing and promoting robots.
Moreover, on Feb. 13, Apptronik introduced that it had raised $350 million to assist the deployment of its Apollo humanoid robotic, scale its operations, and broaden its workforce. The corporate acknowledged that the brand new funding will allow it to satisfy rising demand for AI-powered humanoid robots throughout varied industries, together with automotive, electronics, third-party logistics, beverage bottling and achievement, and shopper packaged items.
As funding in robotics and AI surges, Dexterity’s newest funding spherical underscores the rising demand for clever automation options, paving the best way for extra superior robotic capabilities throughout a number of sectors.
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