Dexterity Unlocks Revolutionary $95 Million to Dominate ‘Physical AI’ in Robotics

Dexterity has efficiently raised a further $95 million in funding to additional develop its revolutionary idea of “Bodily AI,” a expertise designed to equip robots with the intelligence wanted to execute bodily duties effectively.

In a LinkedIn post on Tuesday (March 11), Dexterity described its “AI of AIs” method, which contains tons of of Bodily AI fashions to allow robots to carry out key features akin to loading vans, singulating parcels, and palletizing items for a few of the world’s largest companies. The corporate emphasised that this funding marks just the start of its mission.

Dexterity highlighted that its expertise goals to boost productiveness and handle ongoing labor shortages in varied industries. In response to the corporate’s web site, its Bodily AI and robotics options provide robots human-like dexterity, the power to automate repetitive duties, and carry out complicated manipulations in unpredictable environments.

These developments are significantly related to logistics, warehousing, and provide chain operations, the place automation and effectivity are more and more in demand.

Lightspeed, which co-led the newest funding spherical alongside Sumitomo Corp., shared in a LinkedIn submit that it has supported Dexterity since its preliminary seed spherical in 2017. The agency reaffirmed its dedication to working with Dexterity because it continues to push the boundaries of AI-powered robotics, enhancing effectivity, automation, and decision-making throughout industries.

In the meantime, the robotics sector continues to draw important funding. On Feb. 14, stories surfaced that Figure was negotiating with buyers to lift $1.5 billion to advance its humanoid robotics initiatives, with expectations that these robots may very well be deployed in properties inside a couple of years.

In August, Determine launched its second-generation humanoid robotic, Determine 02, boasting superior dexterity and AI capabilities designed to deal with a various vary of business duties and, finally, family purposes.

On the identical day, it was reported that Meta is forming a specialised group to develop AI-powered humanoid robots able to performing family chores. The initiative will give attention to enhancing AI, sensors, and software program, doubtlessly benefiting corporations concerned in manufacturing and promoting robots.

Moreover, on Feb. 13, Apptronik introduced that it had raised $350 million to help the deployment of its Apollo humanoid robotic, scale its operations, and increase its workforce. The corporate acknowledged that the brand new funding will allow it to fulfill rising demand for AI-powered humanoid robots throughout varied industries, together with automotive, electronics, third-party logistics, beverage bottling and achievement, and shopper packaged items.

As funding in robotics and AI surges, Dexterity’s newest funding spherical underscores the rising demand for clever automation options, paving the way in which for extra superior robotic capabilities throughout a number of sectors.

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