Market Share of AI in Robotics Industry
The competitive landscape of artificial intelligence in robotics is moving towards fragmentation as the market is growing and providing ample opportunities to robot vendors. The vendors are ready to seize the first-mover advantage and seize the opportunities presented by various technologies.Also, the vendors view product innovation and global expansion as paths toward gaining maximum market share.
In August 2022, to establish an artificial intelligence research facility in the United States, Boston Dynamics and Hyundai Motor Group committed USD 424 million. The Boston Dynamics AI Institute will be situated in Cambridge, Massachusetts. Its primary objective will be to offer advancements in robotics and artificial intelligence (AI), which the business considers growth-oriented fields. The Institute is anticipated to work on resolving the most significant and challenging issues regarding the development of advanced robotics.
Artificial Intelligence in Robotics Market Leaders
Vicarious AI
Neurala, Inc.
Veo Robotics, Inc.
NVIDIA Corporation
IBM Corporation
*Disclaimer: Major Players sorted in no particular order
