Alphabet to launch robotics firm Intrinsic under its other bets unit

FILE PHOTO: A sign is seen at the entrance to the Google retail store in the Chelsea neighborhood of New York City, U.S., June 17, 2021. REUTERS/Shannon Stapleton/File Photo

(Reuters) - Alphabet Inc's secretive research unit said on Friday it will launch Intrinsic, its new robotics software and artificial intelligence project, under the Google parent's segment that houses futuristic businesses such as Verily and Waymo.

To expand beyond its main search and advertising business, Google in 2015 established Alphabet as a holding company overseeing various "other bets", ranging from its autonomous vehicle unit to helium balloons that provide solar-powered internet services in remote areas. (https://bit.ly/3iCz6wB)