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Home Mergers & Acquisitions Robots-as-a-Service leader Vicarious acquired by Intrinsic

Robots-as-a-Service leader Vicarious acquired by Intrinsic

The Robots-as-a-Service leader Vicarious has raised $250 million from Jeff Bezos, Elon Musk, Mark Zuckerberg and Samsung

The business of the US-based Vicarious, an AI/robotic intelligence firm and a Robots-as-a-Service (RaaS) leader is being acquired by the Alphabet-owned robotics subsidiary Intrinsic for undisclosed amount.

The Robots-as-a-Service leader Vicarious has raised $250 million from Jeff Bezos, Elon Musk, Mark Zuckerberg and Samsung.

The company describes its tech as, “a turnkey robotics solution integrator using AI to automate tasks too complex and versatile for traditional automation”.

“For more than a decade, Vicarious has been pushing the boundaries of intelligent robotics and AI across multiple industries with visionary customers, building an interdisciplinary team and unique culture in the process”, said Wendy Tan White, CEO of Intrinsic in a blog post.

A smaller team of the Robots-as-a-Service leader Vicarious will join DeepMind’s research team alongside Dileep George, CTO of Vicarious and an AI and neuroscience researcher.

“We are thrilled to welcome Scott Phoenix, Vicarious CEO, and an expert team of Vicarious engineers, roboticists and business professionals to the Intrinsic team”, said White.

“We believe that combining our efforts will help us solve industry problems faster and accelerate our shared mission”, he added.

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khushbu
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

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