Aspirants Space’s Post

Skild AI raises $300M to build a general-purpose, AI-powered brain for any robot TL;DR: - 🤖 The AI startup Skild AI, valued at $1.5 billion, is developing a versatile 'general purpose brain' for robots. - 💰 The company has secured $300 million in Series A funding to advance this technology, with investments from prominent venture capital firms like Lightspeed Venture Partners and Softbank, as well as individual investors such as Jeff Bezos. - 🧠 Skild AI's innovative AI brain is designed to be incorporated into a wide range of robots, improving their ability to handle various tasks across different environments, and aims to tackle labour shortages in sectors such as healthcare and manufacturing. Pretty cool idea if it works. This could be called "The Wizard of Oz" business strategy 😆. You heard it here first!

#keyprinciplesmarketingstrategy &"The Wizard of Oz" Plot Overview: #Dorothy, a young girl from #Kansas, is transported to the magical land of Oz. She meets three companions: the Scarecrow (seeking #brains), the Tin Man (seeking a #heart), and the Cowardly Lion (seeking #courage). Together, they journey to the #EmeraldCity to meet the #Wizard, hoping he can grant their wishes. Along the way, they face various #challenges and #learn valuable lessons. Ultimately, they #discover that they had the qualities they sought all along. //Is this about internal scholarship? 1. #Identifying Core Values (Dorothy’s #Realization): Dorothy realizes that "there's no place like home" and that she had the power to return all along: Companies often have untapped potential within their existing resources and values. Identifying and leveraging these core strengths can be more effective than seeking external solutions. For example, a business might find that its #strongcustomerrelationships and #brandloyalty are its greatest assets. 2. Teamwork and #Collaboration (The Journey with #Companions): Dorothy and her companions work together, each contributing unique strengths: Successful businesses harness the power of #diverseteams. Different perspectives and skills can solve problems more effectively. Collaboration fosters innovation and resilience, as demonstrated by companies like #Google and #Apple, where teamwork is a cornerstone of their corporate culture. 3. Facing Challenges and #Adaptability (The Obstacles Along the #Way): The group faces numerous obstacles, from the Wicked Witch to the dark forest: Businesses must navigate challenges and adapt to changing environments. Companies like #Netflix have thrived by adapting their business models to changing market conditions. 4. The Illusion of External Solutions (The Wizard’s #Revelation): The Wizard is revealed to be an ordinary man, and the characters realize they had what they needed all along: Businesses often look for quick fixes or external solutions (like consultants or new technologies) without recognizing their internal capabilities. Real growth comes from within, through continuous improvement and innovation. Companies should focus on developing internal talent and fostering a culture of learning. 5. Customer-Centric Approach (Listening to the Needs): The Wizard listens to the characters’ desires and helps them see their own potential: A customer-centric approach is vital in marketing. Understanding and addressing customer needs can drive loyalty and growth. Brands like #Amazon and #Zappos have built their success on prioritizing #customersatisfaction. #Navigate the complex landscape of the modern market. This #imaginative framework not only makes strategic concepts more accessible but also highlights the timeless nature of these principles. Catalina Kothe@IMAGINATIVE in Europe, Author 2024, July 11th.

Skild AI Secures $300 Million Series A Funding In a landmark achievement, Skild AI, the innovative artificial intelligence robotics firm, has successfully closed a $300 million Series A funding round. This significant investment will accelerate Skild AI’s mission to develop a scalable foundational paradigm for robots. Key investors in this round include Lightspeed Venture Partners, Coatue, SoftBank Group Corp., and Jeff Bezos (via Bezos Expeditions). Other notable participants are Felicis Ventures, Sequoia Capital, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, and Carnegie Mellon University. With this infusion of capital, Skild AI plans to: 🔹 Expand its business model 🔹 Enhance training datasets for future technology deployment 🔹 Recruit top talent across AI, robotics, engineering, operations, and security Skild AI's unique approach leverages real-world data to create a versatile, all-purpose cognitive system for robots, aiming to democratize robotics and address labour shortages. Abhinav Gupta, President and Co-Founder, stated: “With general-purpose robots that can safely perform any automated task in any environment, we can expand the capabilities of robots, democratize their cost, and support the severely understaffed labour market.” Stay tuned as Skild AI continues to break new ground in the robotics and AI landscape! Read More: https://lnkd.in/g5MJUtnp #SkildAI #Robotics #ArtificialIntelligence #SeriesAFunding #TechNews #Innovation

𝐀𝐛𝐨𝐮𝐭 𝐀𝐧𝐲𝐛𝐨𝐭𝐢𝐜 𝐚 𝐒𝐰𝐢𝐬𝐬 𝐑𝐨𝐛𝐨𝐭𝐢𝐜𝐬 𝐒𝐭𝐚𝐫𝐭𝐮𝐩 from a startup to a multi million company - made in switzerland 🇨🇭 As the result of my survey showed, I report on a startup in the latest issue of my newsletter - ANYbotics Superior Robot Mobility: Where AI Meets the Real World Dear readers,  Welcome to the latest newsletter from Anybotics, where we explore the fascinating world of robotics and how artificial intelligence (AI) is revolutionizing it. Today, we delve into the realm of superior robot mobility and how it blurs the boundaries between AI and the real world. for more information subscribe my #Newsletter https://lnkd.in/epWF4S_2 Best Regards #cobotUli #startups #robotics #technology I‘m open to cooperate - so contact me directly if you had a interesting solution / startup about Robotics and technology

Figure, a humanoid robotics startup, revealed that it has raised $675 million in a funding round led by an all-star cast of Big Tech investors. The business, which plans to commercialize a humanoid robot, has a $2.6 billion valuation. Microsoft, the OpenAI Startup Fund, Nvidia, Jeff Bezos' Bezos Expeditions, Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest are among the investors in the most recent round of funding. With all of these high-profile investors, Figure is now Big Tech's preferred humanoid robotics firm. The industrial industry is also taking notice. In January, Figure announced a business arrangement with BMW to have robots operate on its production line. "In conjunction with this investment," the press release reads, "Figure and OpenAI have entered into a collaboration agreement to develop next generation AI models for humanoid robots, combining OpenAI's research with Figure's deep understanding of robotics hardware and software. The collaboration aims to help accelerate Figure's commercial timeline by enhancing the capabilities of humanoid robots to process and reason from language." #openai #figure #robotics #ai

• Figure AI Inc., a startup focused on developing humanoid robots, is reportedly in talks to secure up to $500 million in a funding round. • Microsoft may contribute around $95 million, while OpenAI may invest $5 million, according to discussions. • The startup, known for its AI-powered robot named Figure 01, aims to create machines capable of performing dangerous tasks and addressing labor shortages. • In a previous funding round last May, Figure AI raised $70 million, led by Parkway Venture Capital. • The AI robotics industry is active, with other startups like 1X Technologies AS and Sanctuary AI raising significant funds for their projects. 🔗https://lnkd.in/duFHYfXs #ai #robotics #humanoid

Pivot Robots, an AI-powered startup founded by two Carnegie Mellon graduates, has secured funding from NuVentures. The startup aims to combat the labor shortage in manufacturing by automating labor-intensive and hazardous tasks. Having worked with tech giants like Meta, Google, and Uber, co-founders Siddharth Girdhar and Vignesh Rajmohan utilize AI vision control software to enhance the adaptability of industrial robots. Their first product focuses on automating the grinding of metal parts. NuVentures' backing provides Pivot Robots with critical support and access to talent and customers in both the US and India. This partnership underscores the disruption AI can bring to manufacturing. Have you seen AI transforming other industries as dramatically as it is in manufacturing? Share your thoughts! #AI #Automation #Manufacturing #Startups #Innovation #Robotics #NuVentures

Amazon to spend $1 billion on startups that combine AI with robots! It's incredibly exciting to see a major player investing a whopping $1 billion in startups focused on AI and robotics! 🤖 This bold move shines a light on the potential these technologies hold for our future. It's an invitation to investors and innovators alike to join in and support the growth of these cutting-edge fields. 💰 This investment isn't just about funding; it's about believing in a future where technology makes a real difference in our lives! Let's rally around this opportunity and help shape a future we all want to be part of. 🌎 #robotics #ai #investing #vc #venturecapital #institutionalinvesting #privateequity #investinginthefuture

𝐒𝐚𝐧𝐜𝐭𝐮𝐚𝐫𝐲 𝐀𝐈 𝐒𝐞𝐜𝐮𝐫𝐞𝐬 𝐂𝐚𝐧𝐚𝐝𝐢𝐚𝐧 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐟𝐨𝐫 𝐕𝐞𝐫𝐬𝐚𝐭𝐢𝐥𝐞 𝐇𝐮𝐦𝐚𝐧𝐨𝐢𝐝 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 🤖 A company that has caught my eye this month with its impressive investment strides is Sanctuary AI. Recently, this Vancouver-based innovator secured a significant funding milestone, totalling $140 million, which includes $30 million contribution from the Strategic Innovation Fund (SIF) by the government of Canada in November 2022. Founded in 2018, Sanctuary AI is making advancements in embedded AI, dual-arm functionality, hand-eye coordination, perception, and task planning. Led by co-founder Olivia Norton and a team with expertise from tech giants like Amazon, Microsoft, and SoftBank Robotics, the company is leading the charge in integrating AGI into practical applications. Their recent collaboration with Magna International resulted in the seventh-generation Phoenix robot, which completed 110 tasks during a successful pilot deployment at a Mark’s retail store in British Columbia. Sanctuary AI aims to revolutionize industries by enhancing safety, efficiency, and sustainability through AGI, serving a diverse client base across North America and beyond. 💡 𝘓𝘰𝘰𝘬𝘪𝘯𝘨 𝘧𝘰𝘳𝘸𝘢𝘳𝘥, 𝘩𝘰𝘸 𝘥𝘰 𝘺𝘰𝘶 𝘢𝘯𝘵𝘪𝘤𝘪𝘱𝘢𝘵𝘦 𝘈𝘎𝘐 𝘸𝘪𝘭𝘭 𝘪𝘮𝘱𝘢𝘤𝘵 𝘺𝘰𝘶𝘳 𝘪𝘯𝘥𝘶𝘴𝘵𝘳𝘺, 𝘢𝘯𝘥 𝘸𝘩𝘢𝘵 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘪𝘦𝘴 𝘰𝘳 𝘤𝘩𝘢𝘭𝘭𝘦𝘯𝘨𝘦𝘴 𝘥𝘰 𝘺𝘰𝘶 𝘧𝘰𝘳𝘦𝘴𝘦𝘦? #SanctuaryAI #AIinnovation #TechInvestments #RobotRevolution #CanadianTech

Report: Figure AI to Raise $675 Million for Human-Like Robots "...Figure AI, a startup developing human-like robots, is reportedly in the process of raising $675 million in funding, with a pre-money valuation of roughly $2 billion. Among the investors are Jeff Bezos’ Explore Investments, Microsoft, NVIDIA and an Amazon-affiliated fund, Bloomberg reported Friday (Feb. 23), citing unnamed sources. Other backers include Intel’s venture capital arm, LG Innotek, Samsung’s investment group, Parkway Venture Capital, Align Ventures, Ark Ventures Fund, Aliya Capital Partners, Tamarack Global, Boscolo Intervest and BOLD Capital Partners, according to the report. Another investor is OpenAI, which once considered acquiring Figure AI, the report said..." #robotics #humanoidrobots #humanlike PYMNTS Brett Adcock