Meta buys humanoid robotics startup Assured Robot Intelligence
Meta acquired Assured Robot Intelligence (ARI), whose team joins Meta Superintelligence Labs to work on humanoid robots.
What happened
Meta acquired robotics startup Assured Robot Intelligence (ARI) for an undisclosed sum. ARI's team, including both co-founders, joins Meta's Superintelligence Labs research division.
The founders
- ARI was founded by Xiaolong Wang and Lerrel Pinto.
- Pinto also co-founded Fauna Robotics, which Amazon bought last month.
- ARI had raised an undisclosed seed round from AIX Ventures.
Why it matters
Big tech is racing into humanoid robots. Goldman Sachs projects a $38 billion robotics market by 2035, and Morgan Stanley estimates it could reach $5 trillion by 2050.
A Meta spokesperson said: "We acquired Assured Robot Intelligence, a company at the frontier of robotic intelligence."
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