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Rivian spin-out Mind Robotics raises $500M for industrial AI-powered robots
🤖AI Summary
Mind Robotics, a spin-out from Rivian founded by RJ Scaringe, has raised $500 million in funding to develop AI-powered industrial robots. The startup plans to leverage data from Rivian's manufacturing facilities to train its AI systems and deploy robotics solutions within the electric vehicle company's factories.
Key Takeaways
- →Mind Robotics secured $500 million in funding for AI-powered industrial robotics development.
- →The startup was founded by RJ Scaringe, who also founded electric vehicle manufacturer Rivian.
- →The company plans to train its AI systems using data from Rivian's manufacturing operations.
- →Mind Robotics will deploy its robotic solutions directly in Rivian's factory facilities.
- →This represents a significant investment in AI-driven automation for automotive manufacturing.
#mind-robotics#rivian#industrial-ai#robotics#manufacturing#automation#funding#rj-scaringe#ai-powered-robots#automotive
Read Original →via TechCrunch – AI
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