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LG, Robotics and Korean electronics
LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants.
LG Electronics seizes control of Bear Robotics to boost robot business
LG Electronics has acquired management rights to Bear Robotics by purchasing an additional 30 percent stake in the Silicon Valley-based robotics startup, bringing its total holding to 51 percent, following an existing 21 percent stake.
LG Electronics to become largest shareholder in U.S.-based robotics startup
LG Electronics Inc. said Friday it has decided to secure management rights to a California-based artificial intelligence (AI) robotics startup as part of its push to expand its robotics business. At its board of directors meeting,
37m
on MSN
3 Artificial Intelligence (AI) Stocks That Could Go on a Multidecade Run
Since ChatGPT burst onto the scene in late 2022, the artificial intelligence (AI) revolution has been nothing short of ...
Digital information world
1h
New Paradigm of AI Architectures Will Arrive in the Next Three to Five Year, Meta’s AI Scientist Claims
Yann LeCun claims the new systems will feature capabilities that go above and beyond those seen in AI models today.
12h
on MSN
AI could surpass “almost all humans" by 2027, Anthropic chief says
Anthropic chief says AI capabilities could surpass “almost all humans at almost everything" by 2027. More details here.
19h
on MSN
Meta’s Yann LeCun predicts ‘new paradigm of AI architectures’ within 5 years and ‘decade of robotics’
Meta's chief AI scientist, Yann LeCun, says that a "new paradigm of AI architectures" will emerge in the next three to five years, going far beyond the ...
20h
Symbotic: AI Robotics Platform Boosted By Walmart
Symbotic's fiscal growth and strategic acquisitions position the company for long-term success and market expansion. Learn ...
3d
Prediction: 2 AI Stocks That Will Be Worth More Than BigBear.ai 2 Years From Now
For 2024, analysts expect BigBear.ai's revenue to grow 8% to $168 million with a negative adjusted EBITDA of $1 million. For ...
10d
Cosmos Marks Another Masterful Stroke For Nvidia In AI Robotics
If Cosmos plays out as the company is intending, it could be a launch-pad for rocketing Nvidia’s robotics and autonomous ...
3d
Business confidence in robotics strengthens as AI pairing for automation emerges
A new survey has revealed that business confidence in the potential of robotics has risen to its highest for two years.
3d
AI-powered robotics startup Sereact raises €25 million
German artificial intelligence robotics startup Sereact GmBH today announced it raised €25 million, about $26 million, to ...
1d
Anthropic chief says AI could surpass “almost all humans at almost everything” shortly after 2027
On Tuesday, Anthropic CEO Dario Amodei predicted that AI models may surpass human capabilities "in almost everything" within ...
1h
on MSN
Trump's AI 'declaration' reminiscent of JFK pledge to put a man on the moon: Former White House IT official
Former White House official Theresa Payton told Fox News Digital that President Trump's AI pledge could be a new "beacon" of ...
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