Warehouse robotics startup Ultra raised a 12M seed and a 50M Series A, and expands its deal with Physical Intelligence to supply AI software for its robots (Jeff John Roberts/Fortune)

Jeff John Roberts / Fortune: Warehouse robotics startup Ultra raised a 12M seed and a 50M Series A, and expands its deal with Physical Intelligence to supply AI software for its robots — Finance editor Jeff John Roberts here. The explosive growth of the robotics industry in recent years is reflected in new technology feats …

Antioch, which creates high-fidelity simulations to reduce the need for hardware validation in physical AI training, raised a $32M Series A led by Greylock (John Koetsier/Forbes)
Config, which is building a data layer for robotics foundation models, raised a 27M seed at a 200M+ valuation led by Samsung Venture Investment (Kate Park/TechCrunch)
Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered robots for manufacturing tasks, raised 400M, source says at a 3.4B valuation (Sean McLain/Wall Street Journal)
Google updates Project Genie, its interactive world builder, with Street View integration, and expands access to the tool to AI Ultra subscribers globally (Jessica Conditt/Engadget)

Source: Techmeme | 2026-10-09

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