CNBC February 13, 2025
Key Points
– Tesla robotics rival Apptronik announced a $350 million Series A funding round, including participation from Google.
– CEO Jeff Cardenas said the funding will help the company scale its artificial intelligence robotics development, aiming to eventually sell robots for the price of a car.
– Apptronik has partnered with NASA and NVIDIA as it works on iterations of robots that rival those of Elon Musk’s Tesla Optimus.
Tesla robotics development rival Apptronik announced a $350 million Series A funding round Thursday morning to scale the production of artificial intelligence-powered humanoid robots.
The funding round was co-led by B Capital and Capital Factory, and included backing from Google, CEO Jeff Cardenas said in an exclusive Squawk Box interview...
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