Humanoid robots are machines powered by synthetic intelligence (AI) that bodily resemble people and might emulate human actions and communication. Whereas many people can nonetheless solely dream of getting a humanoid maid like Rosie from the futuristic Jetsons cartoon, helpful humanoid robots might be right here ahead of many individuals notice.
That is the opinion of Nvidia(NASDAQ: NVDA) CEO Jensen Huang, who has led the corporate he co-founded in 1993 to turn into the world’s second-largest firm by market cap (behind Apple, however not by a lot).
Earlier this month, Huang gave the opening keynote speech to kick off Shopper Digital Present (CES) 2025 and co-hosted a CES monetary analyst convention. One of the crucial thrilling issues for Nvidia inventory buyers that he stated was this comment: “Lower than 10 years from now I’m sure humanoid robots will shock everyone [with] how good they’re.”
Picture supply: Getty Pictures.
The 2024 international humanoid robotic market was price about $1 billion to $2.5 billion in 2024, based on most estimates. Presently, the market consists largely of analysis and improvement of {hardware} and software program for humanoid robots. Some firms are within the early phases of utilizing humanoids internally, however no firm has but to supply a humanoid robotic — or “general-purpose robotic” — on the market to the general public, to my data, not less than not in the USA.
Market progress projections from respected sources are practically universally very rosy and have lately considerably elevated with the speedy advances of AI, specifically the appearance of generative AI. Generative AI, which enormously will increase the use instances for AI, burst onto the tech scene in late 2022 with OpenAI’s launch of its ChatGPT chatbot.
“The overall addressable marketplace for humanoid robots is projected to succeed in $38 billion by 2035, up greater than sixfold from a earlier projection of $6 billion,” Goldman Sachs wrote in an early 2024 report. Its earlier projection was from only one yr earlier! That is Goldman’s “base case” mannequin which estimates unit shipments of 1.4 million by 2035. Together with the acceleration of progress in AI, the agency additionally cited funding within the sector rising sooner than it had anticipated as an element for its large upward revision.
The agency’s “bull case” initiatives humanoid robotic shipments to hit 1 million models by 2031, 4 years forward of its earlier expectation of 2035. And it has a “blue sky” situation that’s even rosier.
Be mindful the Goldman report I am citing is from early 2024. It appears doubtless that the agency might be releasing one other report quickly and its market measurement projection for the bottom case appears poised to be revised upward from the $38 billion by 2035.
Certainly, a hot-off-the-presses Jan. 17 report from Technavio, a world expertise analysis and advisory firm, forecasts the worldwide humanoid robotic market will attain $59.2 billion by 2029, equating to a blistering compound annual progress charge (CAGR) of about 70% from 2024.
Morgan Stanley can be very bullish on the expansion prospects for humanoid robots. The funding banking agency forecasts that there might be 40,000 humanoids working alongside people within the U.S. by 2030, and that quantity will soar to eight million by 2040 and 63 million by 2025.
Nvidia is the chief in offering chips — primarily graphics processing models (GPUs) — and associated expertise to allow AI capabilities. The corporate has been concerned in robotics for years, as its expertise has been used to coach robots equivalent to drones and warehouse robots and in addition used because the AI-powered “brains” inside these machines.
Beginning in 2024, Nvidia has enormously ramped up its robotics choices by pushing into the humanoid robotic house. This was solely attainable via the appearance of generative AI.
In March 2024, Nvidia launched its Mission GR00T (Generalist Robotic 00 Know-how) AI basis mannequin for humanoid robots. Robots powered by GR00T “might be designed to know pure language and emulate actions by observing human actions,” the corporate stated within the press launch. As a part of this initiative, it additionally unveiled a brand new laptop, Jetson Thor, for humanoid robots, and main upgrades to its Isaac robotics platform, together with generative AI basis fashions and instruments for simulation.
At that very same time, Nvidia introduced that it’s “constructing a complete AI platform for main humanoid robotic firms equivalent to 1X Applied sciences, Agility Robotics, Apptronik, Boston Dynamics, Determine AI, Fourier Intelligence, Sanctuary AI, Unitree Robotics, and Xpeng Robotics [part of China’s XPeng electric vehicle company], amongst others.”
At CES 2025, Huang introduced further initiatives for the event of AI-powered humanoid robots. Primarily, the corporate has created a full-stack providing of software program, {hardware}, and instruments for enabling firms to develop humanoid robots. This contains coaching, simulation, and deployment.
All or practically all the large gamers within the humanoid robotics house are utilizing Nvidia’s expertise to develop their robots. For my part, that makes Nvidia inventory the easiest way, not less than at the moment, for people to spend money on the humanoid robotic market, which is poised to be large in measurement.
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Beth McKenna has positions in Nvidia. The Motley Idiot has positions in and recommends Apple, Goldman Sachs Group, and Nvidia. The Motley Idiot has a disclosure coverage.
Nvidia Inventory Is Poised to Be a Huge Winner From Humanoid Robots, Which Are Coming Quicker Than Many Folks Most likely Notice was initially printed by The Motley Idiot
