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This Business of Robotics Foundation Models | by Brad Porter | Sep, 2024 | Medium

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Investor interest in robotics has never been higher and for good reason. AI is not only going to change the nature of cognitive work, but it will change the nature of physical work as well. We’ve seen well over $1B invested in this space just this year. At the same time, we’re seeing increasingly concentrated bets in particular companies. Our company, Cobot, has clearly benefitted from this, having raised $105M Series B earlier this year led by General Catalyst, with Sequoia, Khosla, Mayo Clinic, Lux Capital, and Jeff Bezos all participating. Earlier this year at the peak of the excitement around humanoid robots, I wrote a series of articles to try to explain the challenges I saw and how we approach them going forward. If you’re curious, check them out here: The Problems With Humanoid Robots The Path to Human-Capable Robots The Path to Great AI for Human-Capable Robots Similar to the humanoid space earlier this year, we’re also seeing an investment surge in companies building foundatio

12 min read Sep 22, 2024 -- Investor interest in robotics has never been higher and for good reason. AI is not only going to change the nature of cognitive work, but it will change the nature of physical work as well. We’ve seen well over $1B invested in this space just this year. At the same time, we’re seeing increasingly concentrated bets in particular companies. Our company, Cobot, has clearly benefitted from this, having raised $105M Series B earlier this year led by General Catalyst, with Sequoia, Khosla, Mayo Clinic, Lux Capital, and Jeff Bezos all participating. Earlier this…

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