AI humanoid robots step closer - thanks to new $350 million investment

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AI humanoid robots step closer - thanks to new $350 million investment

Apptronik has secured a significant $350 million investment to advance its humanoid robot, Apollo. This funding will enhance the robot's deployment, expand operations, and foster innovation. The investment was co-led by B Capital and Capital Factory, with participation from Google's AI lab, DeepMind.

The funding will enable Apptronik to explore various applications for Apollo across industries like logistics and healthcare. With increasing customer demand, the company aims to ramp up manufacturing and develop Apollo's capabilities further. This investment positions Apptronik to compete effectively in the growing humanoid robot market.

• Apptronik raises $350 million to accelerate Apollo's deployment.

• Investment aims to enhance humanoid robot capabilities across various industries.

Key AI Terms Mentioned in this Article

Humanoid Robot

Humanoid robots like Apollo are designed to assist humans in various tasks.

AI Funding

The $350 million funding will support the development and deployment of AI technologies.

Full-Stack Robot Platform

Apptronik's full-stack robot platform integrates AI with hardware for enhanced functionality.

Companies Mentioned in this Article

Apptronik

Apptronik focuses on developing humanoid robots, with Apollo being its flagship project.

DeepMind

DeepMind collaborates with Apptronik to enhance the AI capabilities of humanoid robots.

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