Why Serve Robotics is acquiring a hospital assistant robot company

Serve Robotics, the sidewalk delivery robot company backed by Nvidia and Uber, is expanding into a new category with its latest acquisition: healthcare. The Los Angeles-based company announced it was acquiring Diligent Robotics, a startup that builds robots named Moxi…

Ethernovia raises $90M as investors rush to fund ‘physical AI’

Investors and companies are working to leverage advances in artificial intelligence to achieve breakthroughs in technologies such as robotics and autonomous vehicles. This emerging field is now often called “physical AI.” As a result, some of the billions of dollars…