A Houston innovator named Nicolaus Radford has founded a new company called Persona AI with the goal of bringing humanoid robotics into the manufacturing industry. Radford, who previously founded Nauticus Robotics, believes that humanoids are the future of robotics and that advancements in generative AI have made them more capable and reprogrammable. He has partnered with a friend who was the CTO at Figure AI to launch Persona AI. The company plans to expand its team to about 25 people in the next year and is actively seeking co-founders with diverse tech backgrounds and experience. Persona AI, headquartered in Houston, aims to initially focus on the automotive industry, with potential applications in the medical, energy, and home industries. Radford estimates the market for humanoid robotics to be worth $3 trillion and believes that now is the opportune time for their development, with an investment community ready to finance it [0305e12e].
Ex-Robots, a Chinese company, showcased its humanoid robot Xiaoqi at the 2024 World Intelligence Expo in Tianjin. Xiaoqi is equipped with enhanced facial expressions and the ability to foster an emotional connection with users. The company currently produces 400 to 500 robots per year, primarily for use in museums and educational institutions. The global market for humanoid robots is projected to reach at least $6 billion in the next 10 to 15 years, with potential expansion to $154 billion by 2035. China aims to establish a preliminary innovation system for humanoid robots by 2025. However, there are challenges to the widespread adoption of humanoid robots, including battery life and affordability. Despite these concerns, lifelike robots are seen as a way to enhance quality of life and work efficiency [b536ff0a].
Elephant Robotics, another Chinese company, recently participated in two major events: the AI for Good Global Summit 2024 in Geneva and the AI Expo in Tokyo. At these exhibitions, Elephant Robotics showcased their latest robotics solutions and engaged with global audiences [529509b4].
The AI for Good Global Summit, organized by the International Telecommunication Union (ITU), provided a platform for Elephant Robotics to highlight their achievements in AI and robotics. The company showcased a range of robots, including the dual-arm 7 DOF semi-humanoid robot, Mercury B1, the 6 DOF cobot 280 Series, the compact 6 DOF robotic arm mechArm 270, the mobile robot myAGV 2023, and the Artificial Intelligence 3D Kit. The metaAnimal series of lifelike bionic robotic companion pets received significant attention, with Elephant Robotics receiving on-site orders for 200 metaCat and metaDog units. In addition, the company donated metaAnimal series robots to special care institutions for children with autism and in elderly care [529509b4].
Elephant Robotics also participated in the AI Expo Tokyo, where they showcased the myCobot 280 M5 collaborative robot, the myAGV 2023 mobile robot, and the metaDog and metaPanda bionic lifelike robotic pets. The company engaged with the maker community to gather feedback and insights. Elephant Robotics received media coverage from CCTV2, AP Archive, and TVBS NEWS. The company's participation in these exhibitions demonstrates its commitment to leveraging AI and robotics technology for good and improving human life [529509b4].
Elephant Robotics' participation in these events highlights the growing interest and advancements in interactive robots, artificial intelligence, and technology exhibitions. The company's innovative solutions and engagement with global audiences contribute to the continuous evolution of the field of robotics and its potential applications in various industries and improving human life.