An in-depth look at the top robotics stocks in the U.S. stock market this year
2024-12-20 - 2024-12
Robots have captivated our imaginations since the invention of modern robotics in the 1950s. The idea of lifelike machines performing human tasks is intriguing for some and an uneasy thought for others.
But like most technology, robotics isn't about replacing humans. Rather, robots can automate redundant tasks to free up our time for more meaningful activities. Breakthroughs in recent years, like the advent of generative artificial intelligence (AI) services such as ChatGPT, have spurred the adoption of automation processes within organizations.
AI-Powered Robots in Public Spaces
2024-12-31 - 2025-01
Robots are increasingly being deployed in public areas such as retail stores, museums, and restaurants, performing tasks ranging from cleaning to cooking and engaging with humans. Advancements in generative AI, particularly technologies like ChatGPT, are driving this trend, with the robotics and drone sector attracting $12.8 billion in venture capital by mid-December 2024. Despite the excitement, challenges remain, as robots struggle with tasks that are simple for humans, such as navigating elevators and recognizing objects.
Serve Robotics' Funding for Expansion
2025-01-06 - 2025-01
Serve Robotics, specializing in last-mile delivery robots, has secured $86 million in funding to expand its operations. The company plans to utilize these funds to enter new markets and enhance its delivery robot technology.