Ray Kurzweil, the AI futurist greatest identified for predicting the rise of the singularity, is taking a significant step towards turning science fiction into industrial actuality. His humanoid robotics firm, Past Creativeness, has secured a $100 million funding from Gauntlet Ventures in a Sequence B spherical that pushes the startup’s valuation to $500 million, Reuters reviews.
Based alongside scientist, entrepreneur, and filmmaker Harry Kloor, Past Creativeness is constructing Beomni, a complicated humanoid robotic developed for deployment in high-demand industrial settings, in response to the corporate’s web site. Reuters says that the startup can also be engaged on a common working system known as Aura, designed to streamline communication and performance between people, robots, and legacy equipment.
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Kurzweil’s long-held imaginative and prescient of a future dominated by clever machines is transferring from bookshelves to manufacturing strains. His prediction that synthetic intelligence would exceed human intelligence by 2045 as soon as raised eyebrows, Reuters reviews. In keeping with Bloomberg, AI startups raised a file $97 billion in funding in 2024 alone, making synthetic intelligence some of the closely backed sectors in enterprise capital.
In keeping with Gauntlet Ventures co-founder Oliver Carmack, the choice to again Past Creativeness stemmed from the corporate’s capability to handle a looming world challenge: the expert labor scarcity. The startup’s bot, with its AI-driven adaptability, is being positioned as an answer for industries like pharmaceutical manufacturing, chip fabrication, and automotive meeting, sectors that demand excessive precision and long-term workforce help, Reuters says.
Past Creativeness is at the moment testing its humanoid robots and looking for enterprise companions for deployment in industrial settings, aiming to assist revolutionize U.S. manufacturing by AI-driven automation, in response to Reuters.
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The corporate is not brief on heavyweight help. In keeping with Past Creativeness’s web site, its advisory board contains former Qualcomm (NASDAQ:QCOM) CEO Paul Jacobs, motivational speaker and enterprise strategist Tony Robbins, and former Paramount Photos Chair Jim Gianopulos.