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Addverb Technologies, backed by Reliance Industries and currently ranked outside the global top 30 in robotics by revenue, is raising more than $100 million to develop humanoid and quadruped robots, build AI training systems, and expand internationally as it targets a top-10 global ranking within five years.
Mobileye deepens its push into physical AI with a major ADAS partnership in India while advancing its robotics strategy through the planned acquisition of Mentee Robotics.