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Siddharth K Nair
Thatmoonemojiguy 🌝 • 3m
Former Cruise CEO Kyle Vogt has launched a new robotics startup called The Bot Company, which has been valued at $2 billion in a recent funding round. Key Highlights: Funding: The company raised $150 million from investors, led by Greenoaks. Focus Area: Developing AI-powered robots designed for household tasks. Product Status: The company does not yet have a product or revenue, but investors are optimistic due to Vogt's experience in autonomous technology. Past Experience: Kyle Vogt previously founded Cruise, a self-driving car company, which was acquired by General Motors. He later resigned from Cruise in 2023 after safety issues with the company’s robotaxi operations. Vogt’s expertise in robotics and AI is drawing significant investor interest, even though details about the company's first product remain undisclosed. For more details, check the original article: Reuters: Former Cruise CEO Vogt's Robotics Startup Valued at $2 Billion. 🌝
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