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physical AI

Amity Robotics Raises $7 Million Seed Funding to Expand AI-Powered Service Robots Across Global Markets

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Amity Robotics

New Delhi: Thailand-based Amity Robotics, a startup developing AI-powered robots for customer-facing real-world applications, has raised US$7 million in a seed funding round through a combination of equity and debt financing. The fresh capital will support product innovation, international expansion and the commercial launch of the company’s first mobile robot, ARC Move. The funding round … Read more

EXL to Acquire iMerit in $310 Million Deal

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EXL to acquire iMerit Technology

Artificial intelligence is rapidly moving from experimentation to enterprise-wide deployment, and organizations are increasingly seeking partners capable of building trustworthy, domain-specific AI solutions. In one of the biggest AI-focused acquisitions of the year, EXL (NASDAQ: EXLS) has announced a definitive agreement to acquire AI model training and reinforcement learning specialist iMerit in a transaction valued … Read more

SPHERE AX and Blaize Holdings Partner to Advance Physical AI and Edge AI Solutions Globally

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SPHERE AX and Blaize Partner

SPHERE AX, a specialist in Vision AI and Edge AI Computing, has signed a strategic Memorandum of Understanding (MoU) with California-based AI semiconductor company Blaize Holdings to jointly develop and commercialize next-generation AI-powered solutions. The partnership is designed to strengthen both companies’ positions in the rapidly growing Physical AI market, which focuses on embedding artificial … Read more

Robots Are Coming Home: Five Developments That Defined Robotics This Week

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Photo: XPeng

The past seven days delivered a concentrated burst of robotics news that, taken together, paint a picture of an industry shifting from proof-of-concept to mass deployment. From factory floors to living rooms, from Chinese EV boardrooms to a sprawling Arizona desert test track, the machines are advancing on every front. XPeng’s CEO Takes Personal Control … Read more