Rhoda AI raises $450 million at $1.7 billion valuation, unveils robot intelligence platform


FILE PHOTO: Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

March 10 (Reuters) - Rhoda AI ⁠on Tuesday said it has raised $450 million in a Series A ⁠funding round that values the company at $1.7 billion and unveiled ‌a robot intelligence system it says can handle the unpredictability of industrial environments.

Breakthroughs in artificial intelligence models that help robots understand language, interpret visual information and predict how the physical ​world behaves, combined with growing investment from ⁠major tech and robotics companies, ⁠are expected to drive robotics adoption.

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