Tesla has invested $2 billion in xAI, Elon Musk's AI startup behind the Grok chatbot, as part of xAI's $20 billion Series E funding round. The investment proceeded despite shareholder rejection of a nonbinding measure in...
Skild AI, a startup founded in 2023, has raised $1.4 billion in a Series C round led by SoftBank, valuing the company at over $14 billion. The company develops general-purpose foundation models for robots that can be ret...
CES 2026 demonstrated a significant industry pivot from software-based AI (chatbots and image generators) to "physical AI" and robotics applications. Major demonstrations included Boston Dynamics' redesigned Atlas humano...
Nvidia unveiled a complete ecosystem for physical AI at CES 2026, including robot foundation models (Cosmos Transfer/Predict 2.5, Cosmos Reason 2, Isaac GR00T N1.6), simulation tools (Isaac Lab-Arena), and new Blackwell-...
Finnish startup NestAI has secured €100 million in funding led by Finland's sovereign fund and Nokia to develop AI products for defense applications, including unmanned vehicles and autonomous operations. The company is...
Researchers at Andon Labs tested multiple state-of-the-art LLMs by embedding them into a vacuum robot to perform a simple task: pass the butter. The LLMs achieved only 37-40% accuracy compared to humans' 95%, with one mo...
Mbodi, a New York-based startup, has developed a cloud-to-edge AI system that uses multiple communicating agents to train robots faster through natural language prompts. The system breaks down complex tasks into subtasks...
Periodic Labs, founded by OpenAI's Liam Fedus and Google Brain's Ekin Dogus Cubuk, emerged from stealth with a $300 million seed round to automate materials science discovery using AI. The startup combines robotic synthe...
Coco Robotics, a last-mile delivery robot startup, has appointed UCLA professor Bolei Zhou as chief AI scientist to lead a new physical AI research lab. The lab will leverage millions of miles of data collected by Coco's...
SoftBank Group announced the acquisition of ABB Group's robotics business unit for $5.375 billion, with the deal expected to close in mid-to-late 2026. The acquisition is part of SoftBank's strategic focus on "physical A...
