Meta Platforms Inc. is a corporate investor.
ABB Robotics has about 7,000 employees, and its U.S. headquarters and factory are in Auburn Hills, Mich. | Source: ABB Robotics It has been more than a year since ABB announced it singed an agreement to sell its robotics division to the Japanese tech giant SoftBank Group. The $5.375 billion deal is now being blocked by Chinese regulators, ABB confirmed to The Robot Report. China‘s Office of the Working Mechanism for Foreign Investment Security Review has prohibited the acquisition in the country. Authorities expressed concerns about robotics data being t
Pegasus Tech Ventures has launched a $60 million corporate venture capital fund in partnership with CYBERDYNE Inc. to invest in startups developing robotics and physical AI technologies. The JPY 10 billion fund will target emerging companies in the physical AI space, combining Pegasus's venture expertise with CYBERDYNE's robotics focus.
Scale AI has secured a $500M contract with the Department of Defense through the Chief Digital and AI Office to assist with data analysis and decision-making support. This follows a $100M deal the company received in 2025. Meta Platforms Inc. backs Scale AI, which was awarded this significant defense contract.