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General Catalyst, Amazon Bet $63M on AI Robotics Startup

AI robotics startup Standard Bots has raised $63 million over a series of deals. A majority of that funding haul, which has not been previously reported, comes from a $39 million Series B round led by General Catalyst with participation from the Amazon Industrial Innovation Fund and Samsung Next. Standard Bots CEO Evan Beard joins…

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AI robotics startup Standard Bots has raised $63 million over a series of deals. A majority of that funding haul, which has not been previously reported, comes from a $39 million Series B round led by General Catalyst with participation from the Amazon Industrial Innovation Fund and Samsung Next. Standard Bots CEO Evan Beard joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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6 Comments

6 Comments

  1. @koctopravHASMR

    July 12, 2024 at 5:17 pm

    – Russia 🇷🇺

  2. @skyak4493

    July 12, 2024 at 5:52 pm

    $63M is a pitance compared to what straight software companies are getting, and making physical things is dramaticly more expensive.

  3. @posthocprior

    July 12, 2024 at 7:28 pm

    I googled looking for patents that Standard Bots has. I didn’t find anything. This could just be because I didn’t use the right search terms. In any case, am curious if they have any IP.

  4. @miguelescobar4140

    July 12, 2024 at 7:54 pm

    These robotic arms need a lot of work. 👎

  5. @rjmcfly202

    July 13, 2024 at 7:42 am

    Greatsuff, gooooooo Amazon🏁

  6. @matthewmark7224

    July 14, 2024 at 4:04 pm

    what shortage of workers? why cant i find a job then?

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Bloomberg Technology

Tech Stocks Flirt With Worst Week Since 2022 | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Broadcom’s fall after a disappointing forecast despite robust demand for AI products. Plus, tech stocks flirt with their worst week since 2022 ahead of Apple’s big launch event, and the White House is targeting China again with plans for a fresh round of chip-related export controls. Chapters:…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Broadcom’s fall after a disappointing forecast despite robust demand for AI products. Plus, tech stocks flirt with their worst week since 2022 ahead of Apple’s big launch event, and the White House is targeting China again with plans for a fresh round of chip-related export controls.

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Nvidia, responding to a Bloomberg News report about the US Department of Justice sending out subpoenas as part of an antitrust probe, said it has been in contact with the government agency but hasn’t been subpoenaed. Ed Ludlow reports

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Fueled by AI, Taiwan’s growing billionaire class is sending ripples through the country’s economy and property prices. Read how ballooning wealth could arguably add to the Taiwan’s security Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here: Get the latest…

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Fueled by AI, Taiwan’s growing billionaire class is sending ripples through the country’s economy and property prices.
Read how ballooning wealth could arguably add to the Taiwan’s security

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