LG Electronics gains control of Bear Robotics, investing further to expand into robotics.
LG Electronics is increasing its stake in Bear Robotics to 51%, giving it control of the AI-driven robotics company. This move follows an initial $60 million investment in 2024 and aims to boost LG's presence in the robotics sector. Bear Robotics, known for its indoor delivery robots, will help LG develop an integrated software platform for various robot applications, from commercial to home use.
2 months ago
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