Reported about 16 hours ago
Kyle Vogt, the ex-CEO of Cruise, has successfully raised $150 million for his robotics startup, The Bot Company, bringing its valuation to $2 billion. Despite being less than a year old and not yet generating revenue, the startup has attracted significant investor interest due to the potential of AI-driven robotics. Vogt co-founded the company to develop home robots designed to assist with everyday tasks, amidst a growing trend in robotics innovation and investment.
Source: YAHOO