Transportation

Humanoid Robots Offer Europe Path to Stay in Tech Race

An Aeon robot being tested at BMW’s Leipzig plant.Source: Hexagon AB

Europe has been late to the AI boom and trails China on electric cars. But when it comes to humanoid robots, it’s still in the race.

Sweden’s Hexagon AB has built a humanoid that’s being tested at industrial clients including BMW AG. Germany’s Neura Robotics GmbH just raisedBloomberg Terminal some €1 billion ($1.2 billion) from investors including Amazon.com Inc. and Qualcomm Inc., valuing the startup at about €4 billion.