LG Invests $60 Million in Bear Robotics: A Future in Artificial Intelligence Gadgets
LG Electronics is investing $60 million in Bear Robotics, a California-based startup creating AI-powered server robots for restaurants and venues. The funding positions LG as Bear’s largest shareholder. Bear Robotics’ innovative technology involves autonomous tray towers on wheels, replacing traditional waiting staff. Last year saw a significant increase in interest in AI and related advancements, boosting the robotics industry. As the service robot market grows, LG aims to explore various opportunities using cutting-edge technologies like embodied AI and robotic manipulation.
