AI Robotics Startup Rhoda Valued at $1.7 Billion in New Funding
Rhoda uses widely available internet video to train industrial robots for a variety of conditions
Rhoda is one of a growing number of startups drawing significant interest from investors for the promise of using advances in AI to make robots better at navigating the world around them.
Source: Rhoda AI
A new AI startup is betting that it has found a powerful data source to teach robots to do more valuable work: online videos.
Rhoda AI has raised $450 million in funding to develop and deploy a new artificial intelligence model trained on millions of publicly available internet videos, with the goal of directing robots to perform a variety of industrial tasks, including in unfamiliar conditions. The round was led by Premji Invest and values the startup at $1.7 billion, including the money raised.