Unveiling the Future of Humanoid Robots and What It Means for You

The year 2024 saw significant funding in the robotics sector, with total investments reaching approximately $7.2 billion, slightly above the previous year but below the 2021 peak. Startups focused on humanoid robots and advanced AI systems attracted substantial funding, exemplified by Figure, which raised $675 million for its humanoid project, and Physical Intelligence, which secured $400 million for its robot brain technology. Additional funding highlights include Skild AI’s $300 million for versatile robot brain models and Collaborative Robotics’ $100 million for collaborative robots. The industry confronts labor shortages and aims to automate unsafe jobs, supported by investors like Jeff Bezos. Robotics investments also flowed into surgical robotics and drone delivery vehicles. Overall, most funded companies remain in early stages, emphasizing ambitious growth plans while facing inherent risks in the sector.

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