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Samsung pays $181M to become largest shareholder of Rainbow Robotics

By: Kate Park
30 December 2024 at 23:34

Samsung Electronics said on Tuesday that it has become the largest shareholder of South Korea-based robotics maker Rainbow Robotics, increasing its stake from 14.7% to 35% for KRW 267 billion (about $181 billion). The electronics giant, which paid KRW 86.8 billion (about $59 billion) for the 14.7% stake in 2023, said it is acquiring the […]

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Nvidia’s next move: Powering humanoid robots

29 December 2024 at 16:15

The chipmaking giant Nvidia is leaning more heavily into robotics in 2025. More specifically, in the first half of the new year, confirms the Financial Times, Nvidia is launching a new generation of compact computers for humanoid robots called Jetson Thor. The move, which was expected, is part of an evolving, years-long strategy. Nvidia doesn’t […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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