LG Electronics invests $60M in Bear Robotics, an AI-driven autonomous service robot startup.

LG Electronics has invested $60 million in US-based startup Bear Robotics, a company specialising in AI-driven autonomous service robots. The strategic investment aims to strengthen LG's capabilities in the booming market of AI-based service robots. The company will hold the largest portion of shares in Bear Robotics on a single-shareholder basis.