Chronicling Robots Since 2011
Richtech Robotics focuses on developing humanoid-like robots such as Dex, a wheeled mobile robot designed for practical industrial use. With advancements in AI and partnerships with Nvidia, the company aims to address labor shortages by deploying robots in service industries. Their mission emphasizes collaboration between humans and robots to enhance operational efficiency.
May was a big month for robotics in the United States, as flowers bloomed outside, actuators rose in the convention halls of Boston, Detroit, Houston, and Atlanta. While there have been many good articles on each of these events, with numerous postings of new humanoids and co-bots in action. I would like to share some observations as an insider with nearly a decade of attendance at two very different shows: Automate and Xponential.
Eight years ago, not even a million dollars went into startups focused exclusively on humanoids. Today, the total amount of private capital for the industry has climbed over $1.4 billion. Just this month, Citi’s leading investment analysts published “The Rise of AI Robots: Physical AI is Coming for You.” In summarizing his report, contributing author … Read more
Flying back from Miami last week I put my life in the hands of two strangers, just because they wore gold epaulets. These aviators, in turn, trusted their onboard computers to safely navigate the passengers home. The computers accessed satellite global positioning data to set the course. This chain of command is very fragile, the … Read more