Rhoda AI Secures $450 Million Funding at $1.7 Billion Valuation to Develop Robotics Using Internet Videos
Rhoda AI has raised $450 million in Series A funding, bringing its valuation to $1.7 billion. The company aims to develop AI models for robotics trained on data from online videos, moving beyond traditional teleoperation methods. This approach, termed Direct Video Action, allows robots to adapt better to real-world conditions. Rhoda plans to manufacture its own hardware for improved performance and data collection, and is exploring a robots-as-a-service business model. Key investors include Premji Invest and Khosla Ventures.
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Rhoda AI has raised $450 million in Series A funding, achieving a valuation of $1.7 billion. The company intends to develop AI robotics models using publicly available online videos to enhance robots' performance in varied industrial tasks, diverging from traditional teleoperation methods.
This new approach, called Direct Video Action, enables robots to generalize from a broader range of data. Rhoda plans to produce its own hardware for quality assurance and aims to implement a robots-as-a-service model. Investors include Premji Invest and Khosla Ventures, among others.
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