Index Investing News
Thursday, May 7, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Elon Musk Rival? Ray Kurzweil’s Past Creativeness Lands $100M Deal As Tesla, Nvidia, Meta Race Towards AI-Powered Humanoid Robots

by Index Investing News
May 28, 2025
in Financial
Reading Time: 4 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter


Ray Kurzweil, the AI futurist finest identified for predicting the rise of the singularity, is taking a significant step towards turning science fiction into industrial actuality. His humanoid robotics firm, Past Creativeness, has secured a $100 million funding from Gauntlet Ventures in a Collection B spherical that pushes the startup’s valuation to $500 million, Reuters experiences.

Based alongside scientist, entrepreneur, and filmmaker Harry Kloor, Past Creativeness is constructing Beomni, a complicated humanoid robotic developed for deployment in high-demand industrial settings, in line with the corporate’s web site. Reuters says that the startup can also be engaged on a common working system referred to as Aura, designed to streamline communication and performance between people, robots, and legacy equipment.

Do not Miss:

Kurzweil’s long-held imaginative and prescient of a future dominated by clever machines is transferring from bookshelves to manufacturing strains. His prediction that synthetic intelligence would exceed human intelligence by 2045 as soon as raised eyebrows, Reuters experiences. In line with Bloomberg, AI startups raised a report $97 billion in funding in 2024 alone, making synthetic intelligence one of the crucial closely backed sectors in enterprise capital.

In line with Gauntlet Ventures co-founder Oliver Carmack, the choice to again Past Creativeness stemmed from the corporate’s capability to deal with a looming international concern: the expert labor scarcity. The startup’s bot, with its AI-driven adaptability, is being positioned as an answer for industries like pharmaceutical manufacturing, chip fabrication, and automotive meeting, sectors that demand excessive precision and long-term workforce assist, Reuters says.

Past Creativeness is at the moment testing its humanoid robots and looking for enterprise companions for deployment in industrial settings, aiming to assist revolutionize U.S. manufacturing by AI-driven automation, in line with Reuters.

Trending: Maker of the $60,000 foldable dwelling has 3 manufacturing facility buildings, 600+ homes constructed, and large plans to resolve housing — that is your final probability to change into an investor for $0.80 per share.

The corporate is not brief on heavyweight assist. In line with Past Creativeness’s web site, its advisory board consists of former Qualcomm (NASDAQ:QCOM) CEO Paul Jacobs, motivational speaker and enterprise strategist Tony Robbins, and former Paramount Footage Chair Jim Gianopulos.

Their backing, mixed with Gauntlet’s $100 million funding, units Past Creativeness aside in a market flooded with robotics startups vying for capital and a spotlight. In line with Reuters, Gauntlet Ventures is the only investor on this Collection B spherical, a daring present of confidence in each Kurzweil’s imaginative and prescient and the corporate’s near-term industrial potential.

This newest funding spherical comes at a time when a number of main gamers are getting into or increasing their very own robotics divisions. Tesla’s (NASDAQ:TSLA) Optimus robotic, Meta’s (NASDAQ:META) AI programs, and Nvidia’s (NASDAQ:NVDA) growth instruments are all pushing the business ahead. Kurzweil’s firm is positioning Aura as a system designed to combine people, robots, and legacy equipment, Reuters says.

See Additionally: Elon Musk Informed The U.N. If They Might Present A Plan For Ending World Starvation He’d Donate $6 Billion – ‘I Will Promote Tesla Inventory Proper Now And Do It’

Regardless of the hype, progress in robotics has remained slower than in conversational AI. In line with Vox, whereas chatbots and different language-based AIs have surged forward, powered by huge quantities of available coaching information from textual content, pictures, and video, bodily robots stay years behind.

In contrast to language fashions, which might be skilled in parallel throughout tens of millions of central processing unit cores and datasets scraped from the web, robots have to study by interacting with the bodily world in actual time, Vox says.

As industrial sectors search for automation that delivers past conventional robotics, Past Creativeness might lead that cost with contemporary capital and an AI technique targeted on industrial deployment.

Learn Subsequent:

Picture: Shutterstock

Up Subsequent: Remodel your buying and selling with Benzinga Edge’s one-of-a-kind market commerce concepts and instruments. Click on now to entry distinctive insights that may set you forward in at present’s aggressive market.

Get the newest inventory evaluation from Benzinga?

This text Elon Musk Rival? Ray Kurzweil’s Past Creativeness Lands $100M Deal As Tesla, Nvidia, Meta Race Towards AI-Powered Humanoid Robots initially appeared on Benzinga.com

© 2025 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.



Source link

Tags: 100MAIPowereddealElonhumanoidImaginationKurzweilslandsMetaMuskNvidiaRaceRayrivalRobotsTesla
ShareTweetShareShare
Previous Post

Man swims round Martha’s Winery forward of fiftieth anniversary of ‘Jaws’

Next Post

Monsoon clouds spill past Mumbai, attain south Gujarat and west Madhya Pradesh

Related Posts

A .5 Billion Contract Isn’t Enough Without Profits

A $7.5 Billion Contract Isn’t Enough Without Profits

by Index Investing News
May 3, 2026
0

Quick Read Jim Cramer said no to Applied Digital (APLD) despite its $7.5 billion CoreWeave contract, arguing the company is...

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

US stocks today: Fed chief nominee Warsh clears key confirmation hurdle in Senate

by Index Investing News
April 29, 2026
0

Kevin Warsh, U.S. President Donald Trump's pick to lead the Federal Reserve, cleared a key procedural hurdle on Wednesday, opening...

Iran says it won’t accept ’maximalist demands’ as Islamabad hosts peace push By Reuters

Iran says it won’t accept ’maximalist demands’ as Islamabad hosts peace push By Reuters

by Index Investing News
April 25, 2026
0

By Saad Sayeed, Ariba Shahid and Steve Holland ISLAMABAD/WASHINGTON, April 25 (Reuters) - Iranian Foreign Minister Abbas Araqchi laid out...

Scientists are burning homes to protect them in wildfires: ‘We crash test houses’

Scientists are burning homes to protect them in wildfires: ‘We crash test houses’

by Index Investing News
April 21, 2026
0

It took less than three minutes for wind-whipped flames to go from licking the side of the house to shattering a window...

Morocco stocks lower at close of trade; Moroccan All Shares down 0.22% By Investing.com

Morocco stocks lower at close of trade; Moroccan All Shares down 0.22% By Investing.com

by Index Investing News
April 9, 2026
0

Investing.com – Morocco stocks were lower after the close on Thursday, as losses in the , and sectors led shares...

Next Post
Monsoon clouds spill past Mumbai, attain south Gujarat and west Madhya Pradesh

Monsoon clouds spill past Mumbai, attain south Gujarat and west Madhya Pradesh

Hamas agrees to a Gaza ceasefire, sources say; US and Israel reject supply | Israel-Palestine battle Information

Hamas agrees to a Gaza ceasefire, sources say; US and Israel reject supply | Israel-Palestine battle Information

RECOMMENDED

The U.S. Senators Revised Cybersecurity Bill To Include Crypto

The U.S. Senators Revised Cybersecurity Bill To Include Crypto

October 2, 2022
The Impact of Taxes on Dividends and Gains

The Impact of Taxes on Dividends and Gains

November 15, 2023
Synovus Financial: Interesting Dividend But It’s Not Enough (NYSE:SNV)

Synovus Financial: Interesting Dividend But It’s Not Enough (NYSE:SNV)

June 24, 2023
Who is Kai Sotto? Looking closely at the player profile of the Filipino basketball star

Who is Kai Sotto? Looking closely at the player profile of the Filipino basketball star

October 3, 2022
Asian stocks cheered by China stimulus; Nikkei near 33-yr peak By Investing.com

Asian stocks cheered by China stimulus; Nikkei near 33-yr peak By Investing.com

November 20, 2023
Tesla recalls 362,758 vehicles with Full Self-Driving Beta

Tesla recalls 362,758 vehicles with Full Self-Driving Beta

February 16, 2023
From L.A. to Minneapolis, U.S. bashed by severe winter storms By Reuters

From L.A. to Minneapolis, U.S. bashed by severe winter storms By Reuters

February 23, 2023
Tsakos Vitality Navigation: Time To Swap From Preferreds To Frequent Shares (NYSE:TEN)

Tsakos Vitality Navigation: Time To Swap From Preferreds To Frequent Shares (NYSE:TEN)

January 25, 2025
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In