Bloomberg Technology·2 min read

AI Robotics Startup Rhoda Valued at $1.7 Billion in New Funding

Rhoda AI secures $450 million in funding.

Rhoda AI, a startup focused on enhancing industrial robots, has raised $450 million in funding, bringing its valuation to $1.7 billion. The investment, led by Premji Invest, will be used to develop an AI model that trains robots using millions of publicly available internet videos, enabling them to navigate and perform tasks in diverse conditions.

Key Takeaways

  • 1.

    Rhoda AI raised $450 million to enhance robot training using internet videos.

  • 2.

    The funding round was led by Premji Invest.

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AI Robotics Startup Rhoda Valued at $1.7 Billion in New Funding | Trace