Amazon Tests ‘Down-to-Earth’ Robotics Amid $1.6 Billion Boom

PYMNTS.com March 4, 2024

Amazon said last week that its Innovation Fund is ramping up its investment in robotics.

And as a report Monday (March 4) by Bloomberg News notes, the company already has robots working for it, with a humanoid device called Digit moving bins in one of its warehouses.

The Bloomberg report focuses on Digit’s maker, a company called Agility Robotics, saying it has “down-to-earth” ambitions at a time when other robotics startups paint their technology as making science-fiction-worthy accomplishments.

Agility, on the other hand, plans to build 10,000 robots a year and for warehouses and storerooms worldwide, with the company taking part in an investment boom that has drawn in $1.6 billion in venture capital in the last five years, the...

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