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Reflecting On 2024's 'Year Of Embodied AI': Hype And Reality

Dec 23, 2024 - forbes.com
In 2024, the robotics industry made significant strides, particularly in humanoid robotics and robotics foundation models. Humanoids gained prominence with advancements in hardware and commercialization efforts, including partnerships with major companies like BMW and Mercedes. Robotics foundation models, such as Covariant's RFM-1 and NVIDIA's Project GR00T, showcased progress toward general-purpose robots. However, while there was notable investor interest and technological development, the practical deployment and reliability of these systems remain uncertain.

Specialized systems also saw a resurgence, with autonomous vehicles and surgical robots making notable progress. The startup funding landscape shifted, with a concentration of investment in fewer companies and larger funding rounds. Despite these advancements, the promise of general-purpose robots remains elusive, and the field continues to face challenges in achieving high reliability and cost-effectiveness. Overall, 2024 marked a year of increased attention and development in robotics, setting the stage for future growth and opportunities.

Key takeaways:

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  • 2024 saw significant advancements in humanoid robotics, with increased commercialization efforts and partnerships with major companies like BMW and Mercedes.
  • Robotics foundation models made progress, with companies like Covariant and OpenAI showcasing new capabilities, although deployment in production environments remains limited.
  • Specialized robotic systems, such as autonomous vehicles and surgical robots, experienced a resurgence, with increased funding and expansion into new markets.
  • Startup funding in robotics concentrated on fewer companies, with large funding rounds, setting the stage for further development and competition in 2025.
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