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Humanoid robots forecast to see ‘14-fold market expansion in five years’

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The global market for humanoid robots, widely categorized as “embodied AI”, is projected to grow rapidly over the next 10 years – and is expected to see a ‘14-fold market expansion in five years’ , according to IDTechEx. 

This surge is fueled by major players like Tesla and BYD, who plan to expand humanoid deployment in their factories more than tenfold between 2025 and 2026, aiming for over 25 percent cost reduction per humanoid robot.

With 2025 seen as the industry’s take-off year, IDTechEx anticipates the market for humanoid robot sensory components, including LiDAR, encoders, torque sensors, 6-axis sensors, IMUs, MEMS sensors, and cameras, to reach approximately $10 billion within 10 years. [Read more…] about Humanoid robots forecast to see ‘14-fold market expansion in five years’

AI² Robotics CEO talks up ‘better spatial intelligence’ of company’s robots on CNBC

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Shenzhen-based AI² Robotics – which has raised “hundreds of millions of yuan” in funding investment – is emerging as a notable player in the advanced automation space, focusing on what they term “embodied AI”.

This approach seeks to empower physical entities, like their innovative robots, to intelligently learn from and interact with their surroundings.

A compelling example of their work is the Alpha Bot, a sophisticated machine that integrates an autonomous mobile robot base with a dual-armed collaborative system, and a humanoid torso and head, designed for versatility in complex environments. [Read more…] about AI² Robotics CEO talks up ‘better spatial intelligence’ of company’s robots on CNBC

Smartphone giant Honor to build humanoid robots

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Well-known smartphone manufacturer Honor has announced its official entry into the burgeoning humanoid robot market, according to a report on Bloomberg.

This strategic move is a significant part of the company’s ambitious $10 billion, five-year “Honor Alpha Plan” aimed at fostering a comprehensive AI-focused ecosystem.

The announcement signals Honor’s intent to diversify beyond its core smartphone business and leverage its growing expertise in artificial intelligence.

The company has confirmed it will be developing its own humanoid robots and will also collaborate with existing robotics firms to accelerate its progress in this competitive field. [Read more…] about Smartphone giant Honor to build humanoid robots

Humanoid robots could unlock $3 trillion US market, says Morgan Stanley

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A new, timely and detailed report outlines the rise of ‘embodied AI’ and maps the companies best positioned to lead the humanoid robotics revolution.

Humanoid robots could drive a $3 trillion total addressable market (TAM) in the United States alone, according to a new report by Morgan Stanley.

The global financial services company describes the emerging field as “embodied AI” – a combination of generative artificial intelligence and robotics hardware that may soon transform how labor is delivered across industries. [Read more…] about Humanoid robots could unlock $3 trillion US market, says Morgan Stanley

Dyna Robotics unveils ‘breakthrough in robust, real-world embodied AI’

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Dyna Robotics has unveiled what it describes as a “breakthrough” in robotic autonomy with the release of Dynamism v1 (Dyna-1), the company’s first robot foundation model capable of sustained, high-performance operation on complex dexterous tasks using a pair of stationary robotic arms.

Dyna-1 distinguishes itself through exceptional robustness and reliability, even over extended periods of continuous use.

In a demonstration of its capabilities, Dyna-1 was assigned a production-grade task: folding napkins to restaurant standards. [Read more…] about Dyna Robotics unveils ‘breakthrough in robust, real-world embodied AI’

Embodied AI startup Sereact raises €25 million to boost AI-powered robotics

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Embodied AI startup Sereact says it is on a “mission to redefine what’s possible with AI-driven robotics”. The company has reached a major milestone by securing €25 million in Series A funding.

The Series A round was led by Creandum, alongside significant participation from existing investors Point Nine and Air Street Capital, as well as prominent business angels, including former Formula 1 World Champion Nico Rosberg, Mehdi Ghissassi (ex Google DeepMind), Ott Kaukver (Skype), Lars Nordwall (ex neo4j), Rubin Ritter (ex Zalando), Torsten Reil, and Niklas Köhler (both Helsing).

The company says this funding represents more than just an investment in Sereact’s technology – it underscores the immense potential of AI in robotics and the trust that industry leaders place in the company’s vision. [Read more…] about Embodied AI startup Sereact raises €25 million to boost AI-powered robotics

AgiBot launches ‘by far the largest dataset’ for humanoid robots

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AgiBot, a robotics startup specialising in developing humanoid robots, has launched what it describes as “by far the largest humanoid manipulation dataset” in the world. 

Named “AgiBot World”, it is said by AgiBot to be the first large-scale robotic learning dataset specifically designed to advance multi-purpose robotic policies.

This comprehensive ecosystem includes not only the dataset but also foundational models, standardized benchmarks, and a collaborative framework aimed at democratizing access to high-quality robotic data. [Read more…] about AgiBot launches ‘by far the largest dataset’ for humanoid robots