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Sam Altman’s bet against Slack

Taken from: Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate and Alex broke the discussion into two main themes. The first dealt with early-stage companies, and the second, as you can imagine, later-stage affairs. Don’t worry, we don’t get to SoftBank for…

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Taken from:

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week Kate and Alex broke the discussion into two main themes. The first dealt with early-stage companies, and the second, as you can imagine, later-stage affairs. Don’t worry, we don’t get to SoftBank for quite some time.

Up top, we dug into Kate’s story about Quill, a formerly stealthy company that could be taking on Slack. That or something similar to Slack . Next, we turned to ManiMe, a startup in the beauty space that raised a smaller $2.6 million round to take on a market that is valued in the billions.

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1 Comment

1 Comment

  1. f43a97

    November 4, 2019 at 6:24 pm

    The turn this channel took is really annoying.. I miss all the old reporters.. Too many chicks

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Science & Technology

Robotics Won’t Have a “ChatGPT Moment”

Mbodi co-founder Xavier Chi says there’s a fundamental difference between the two technologies: robotics doesn’t have an internet of data to learn from. Instead, he expects the robotics revolution to happen one real-world deployment at a time. Watch the full episode:

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Mbodi co-founder Xavier Chi says there’s a fundamental difference between the two technologies: robotics doesn’t have an internet of data to learn from.
Instead, he expects the robotics revolution to happen one real-world deployment at a time.

Watch the full episode:

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Science & Technology

How Mbodi Is Solving Robotics’ Scaling Problem with Xavier Chi

Robotics is having an AI boom, but don’t expect it to have a ChatGPT moment. In this episode of Build Mode () , host Isabelle Johannesen sits down with Xavier Chi, co-founder of Mbodi, a startup building AI software that lets people teach industrial robots new skills using natural language. Xavier first joined Isabelle on…

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Robotics is having an AI boom, but don’t expect it to have a ChatGPT moment.

In this episode of Build Mode () , host Isabelle Johannesen sits down with Xavier Chi, co-founder of Mbodi, a startup building AI software that lets people teach industrial robots new skills using natural language.

Xavier first joined Isabelle on the Startup Battlefield stage, where Mbodi () became a crowd favorite with a live robot demo () . Now, he’s back to talk about what happened after Battlefield and why he believes this generation of AI could finally help robotics companies overcome some of the problems that have historically made them so difficult to scale.

Xavier breaks down why traditional industrial automation still requires so much programming and customization, how Mbodi is working with ABB Robotics to bring its software into factories and warehouses, and why deploying robotics in the physical world creates a very different set of challenges from building traditional software. He also explains why robotics startups have struggled to build scalable software businesses and how generative AI could begin to change that.

They also get into what VCs are looking for in robotics startups, how founders can de-risk an investment before fundraising, whether the excitement around humanoid robots is justified, and why Xavier believes robotics won’t experience a single ChatGPT-like breakthrough. Plus, he explains why reliability is so critical on the factory floor — and how Mbodi recently achieved a 99.6% success rate during an eight-hour test.

They get into:

Why industrial automation is still surprisingly manual

How Mbodi lets people teach robots using natural language

Why labor shortages are driving demand for automation

How winning an ABB Robotics competition led to a major partnership

What Mbodi gained from Startup Battlefield

Why robotics software companies have historically struggled to scale

How generative AI could reduce the need for custom robotics integrations

What VCs want to see before investing in a robotics startup

Why robots don’t necessarily need to look human

Why software could capture more of the value in robotics as hardware gets cheaper

Why robotics won’t have a ChatGPT moment

Why reliability is so important when robots enter production

How Mbodi achieved a 99.6% success rate in an eight-hour test

Chapters:

00:00 — Mbodi’s unforgettable Startup Battlefield demo01:32 — Why industrial automation is still so difficult03:55 — What companies are actually using robots for06:33 — How Mbodi landed its partnership with ABB Robotics08:30 — Are startup competitions worth a founder’s time?10:00 — Why Xavier wanted to compete in Startup Battlefield11:18 — The hardest question Mbodi faced at Battlefield13:04 — Why robotics software has struggled to scale16:35 — Raising venture capital for a robotics startup18:02 — Convincing VCs you’re the right team19:12 — Do robots really need to look human?21:42 — What needs to improve across the robotics stack25:08 — What VCs want from robotics startups28:00 — How to de-risk a robotics investment30:06 — What’s next for Mbodi31:30 — When will robots enter our homes?35:35 — Why robots can’t afford to fail36:01 — Mbodi’s 99.6% reliability test

Subscribe to Build Mode on Apple Podcasts () , Spotify () , or wherever you like to listen () . And watch the full videos on YouTube () . New episodes of Build Mode () drop every Thursday.

Hosted by Isabelle Johannesen. Produced and edited by Maggie Nye. Audience development led by Morgan Little. Special thanks to the Foundry and Cheddar video teams.

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Science & Technology

The Robotics Revolution Won’t Be Humanoid l Build Mode

Robotics is having an AI boom, but don’t expect it to have a ChatGPT moment. In this episode of Build Mode, host Isabelle Johannesen sits down with Xavier Chi, co-founder of Mbodi, a startup building AI software that lets people teach industrial robots new skills using natural language. Xavier first joined Isabelle on the Startup…

Published

on

Robotics is having an AI boom, but don’t expect it to have a ChatGPT moment.

In this episode of Build Mode, host Isabelle Johannesen sits down with Xavier Chi, co-founder of Mbodi, a startup building AI software that lets people teach industrial robots new skills using natural language.

Xavier first joined Isabelle on the Startup Battlefield stage, where Mbodi became a crowd favorite with a live robot demo. Now, he’s back to talk about what happened after Battlefield and why he believes this generation of AI could finally help robotics companies overcome some of the problems that have historically made them so difficult to scale.

Xavier breaks down why traditional industrial automation still requires so much programming and customization, how Mbodi is working with ABB Robotics to bring its software into factories and warehouses, and why deploying robotics in the physical world creates a very different set of challenges from building traditional software. He also explains why robotics startups have struggled to build scalable software businesses and how generative AI could begin to change that.

They also get into what VCs are looking for in robotics startups, how founders can de-risk an investment before fundraising, whether the excitement around humanoid robots is justified, and why Xavier believes robotics won’t experience a single ChatGPT-like breakthrough. Plus, he explains why reliability is so critical on the factory floor — and how Mbodi recently achieved a 99.6% success rate during an eight-hour test.

Chapters:
00:00 — Mbodi’s unforgettable Startup Battlefield demo
01:32 — Why industrial automation is still so difficult
03:55 — What companies are actually using robots for
06:33 — How Mbodi landed its partnership with ABB Robotics
08:30 — Are startup competitions worth a founder’s time?
10:00 — Why Xavier wanted to compete in Startup Battlefield
11:18 — The hardest question Mbodi faced at Battlefield
13:04 — Why robotics software has struggled to scale
16:35 — Raising venture capital for a robotics startup
18:02 — Convincing VCs you’re the right team
19:12 — Do robots really need to look human?
21:42 — What needs to improve across the robotics stack
25:08 — What VCs want from robotics startups
28:00 — How to de-risk a robotics investment
30:06 — What’s next for Mbodi
31:30 — When will robots enter our homes?
35:35 — Why robots can’t afford to fail
36:01 — Mbodi’s 99.6% reliability test

Subscribe to Build Mode:
Apple Podcasts
Spotify
Wherever you like to listen
New episodes of Build Mode drop every Thursday.

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