Roomba maker pushed into bankruptcy
Digest more
Robot maker 1X made a splash back in October when it opened preorders for its Neo humanoid robot for home use, not least because of its $20,000 price tag. Now it's making another splash with a deal for up to 10,
Rodney Brooks, the cofounder of Roomba vacuum creator iRobot, said the idea of humanoid robots as catchall assistants, the future Elon Musk envisions, is “pure fantasy thinking,” in part because robots are coordination-challenged.
Vacuum robot maker IRobot filed for bankruptcy and will be acquired by Chinese supplier Picea Robotics, ending its independent operations. Roomba users fear “bricking” — the risk that their smart vacuums will stop working without software updates after the Chinese acquisition takes effect.
There's an app for everything. And everything has an App Store. Including, now, humanoid robots, courtesy of Unitree.
HONG KONG/BEIJING (Reuters) -Chinese humanoid robot maker AgiBot plans to launch an initial public offering in Hong Kong next year, eyeing a valuation of HK$40 billion to HK$50 billion ($5.14 billion to $6.4 billion), sources with knowledge of the matter said.
The significance of humanoid robots lies not in their human form, but in their capacity to replicate human behavior, according to Haw Chen, CEO of the world's second-largest collaborative robot (cobot) maker Techman Robot. In this sense, AI will allow..
The Chinese government is betting that robots will drive economic growth. But the bots can’t really do much yet.