Standard Bots has secured $63 million in funding through its recent Series B round led by General Catalyst, with participation from Amazon Industrial Innovation Fund and Samsung Next. The company has introduced its RO1 robotic arm and is gearing up to launch new AI-powered robots for various industries.
Standard Bots focuses on designing and assembling collaborative robotic arms in the United States to revolutionize sectors like manufacturing. By leveraging AI technology, the company aims to enhance robotic capabilities and enable robots to perform complex tasks with precision. Standard Bots' democratization of robotics allows companies of all sizes to benefit from advanced and adaptable robots.
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Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.