Get the latest tech news

Yet another AI robotics firm lands major funding, as Dexterity closes latest round


The intersection of robotics and AI continues to attract attention from investors and Big Tech alike. The latest indicator? Dexterity, a startup

Dexterity, a startup specializing in industrial robots with “human-like” finesse, has raised$95 million at a post-money valuation of $1.65 billion, per Bloomberg. As for Dexterity, its robots are designed to perform repetitive and sometimes dangerous tasks in warehouses and factories, such as loading boxes and sorting parcels, for customers that include FedEx and UPS. Founder and CEO Samir Menon tells Bloomberg the robots use specialized AI models, each focused on a specific task, coordinated by a central system.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of AI robotics firm

AI robotics firm

Photo of dexterity

dexterity

Photo of major funding

major funding

Related news:

News photo

AI Robotics Startup Dexterity Lands $1.65 Billion Valuation

News photo

Figure: AI robotics firm sign major deal with BMW