Roomba maker iRobot to merge with 2 Chinese companies

Picea Robotics and a business partner revealed it entered into a buyout deal with Roomba producer iRobot via court-supervised ...

Who is Picea Robotics, Roomba’s new owner?

The Chinese ODM makes robot vacuums for dozens of companies along with its own 3i line.

Thanks to Antitrust Officials, iRobot Will Be Acquired by a Chinese Robotics Firm Instead of Amazon

Regulators warned Amazon’s iRobot deal would hurt consumers. Instead, the Roomba maker collapsed and sold to China.

At a Silicon Valley summit, robots fold laundry—and investors open their wallets

California startups are building robots to help with fold laundry and other tedious tasks as the race to dominate artificial ...

The 25 companies that will dominate the humanoid robot race, according to Morgan Stanley

Analysts at the investment bank estimated the humanoid robot market will be worth more than $5 trillion by 2050.
Crain's Detroit Business

Robotics company plots $32M plant, 230 jobs in Wixom

Robotics company Teradyne plans to establish a $32 million plant and create 230 jobs in Wixom amid an automation boom across ...

Serve Robotics: The Robots Are Here, The Economics Aren't (Yet)

Serve Robotics expands to 2,000 robots but lags in revenue and profitability. Click here to read an analysis of SERV stock ...
Forbes

Why The Robotics Revolution Is Stalling, And How Smart Companies Are Breaking Through With Financing

Aditya Ranjan is Cofounder & COO, Cardinal Robotics. He has spent over a decade at the Intersection of AI, Robotics and Tech Investing. We have been watching a troubling pattern emerge across ...