Ultra announces $50 million Series A; Physical Intelligence reposts congratulations
Ultra announced the completion of $62 million in funding, of which the $50 million Series A was led by @hiFramework; partner Physical Intelligence reposted congratulations. In the quote, Ultra argues that deployment is the bottleneck in the robotics industry: making robots perform well in controlled environments is relatively easy, but making them enter the open world, remain useful, and earn the trust of those around them is far harder, and this funding is meant to solve the distribution problem. Physical Intelligence added that combining general-purpose robot foundation models with real-world deployment is making such things possible.
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Source: Physical Intelligence Social · x.com