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Robotics Startup Genesis AI Launches With $105 Million in Funding

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Robotics startup Genesis AI emerged from stealth with $105 million in seed funding.

Genesis AI aims to create a general-purpose artificial intelligence model that will allow robots to automate a range of repetitive tasks, TechCrunch reported Tuesday (July 1). The company’s funding round was co-led by Eclipse and Khosla Ventures.

While large language models are trained on vast datasets of text, AI models for robotics need to be trained using data about the physical world, the report said. However, acquiring that real-world data is time-consuming and expensive, leading Genesis to rely on synthetic data, which it creates with a physics engine it said can model the physical world.

Genesis said its proprietary simulation engine lets it build models faster, giving it an edge over rivals who rely on Nvidia’s software, according to the report.

“It’s a big unknown: Will anybody have a large robotics foundation model that will generalize across tasks?” said Kanu Gulati, a partner at Khosla Ventures, per the report. “That’s a bet we want to go after.”

“Of all the teams we have seen, we like [Genesis’] approach for going after robotics foundation models,” she added, according to the report.

In other robotics news, Amazon now has more than 1 million robots working in its warehouses and will soon have as many robots as humans in these facilities.

In May, Amazon unveiled Vulcan, a robot designed with a sense of touch that allows it to pick up products from shelves. The company has also been trying to integrate its robots into its fulfillment operations, so machines can work together and with humans.

Meanwhile, PYMNTS earlier this year examined the challenges in introducing humanoid robots in a conversation with Jenny Shern, general manager at robot builder NexCOBOT.

“Traditional industrial robotic arms with vision systems primarily rely on preprogrammed instructions to execute tasks,” Shern said. “This works well in factory environments where applications are repetitive and goal-oriented.”

However, “implementing humanoid robots into household settings is a more complex advancement because, unlike factories, household environments are highly dynamic, and tasks will vary significantly from one home to another,” she added.

For all PYMNTS AI coverage, subscribe to the daily AI Newsletter.



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As the artificial intelligence (AI) craze drives the expansion of data center investment, leading U…

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Seeking a Breakthrough in AI Infrastructure Market such as Heywell and Genrack “Over 400 Billion KRW in Data Center Infrastructure Investment This Year”

What Microsoft Data Center looks like [Photo = MS]

As the artificial intelligence (AI) craze drives the expansion of data center investment, leading U.S. manufacturing companies are entering this market as new growth breakthroughs.

The Financial Times reported on the 6th (local time) that companies such as Generac, Gates Industrial, and Honeywell are targeting the demand for hyperscalers with special facilities such as generators and cooling equipment.

Hyperscaler is a term mainly used in the data center and cloud industry, and refers to a company that operates a large computing infrastructure designed to quickly and efficiently handle large amounts of data. Representatively, big tech companies such as Amazon, Microsoft (MS), Google, and Meta can be cited.

Generac is reportedly the largest producer of residential generators, but it has jumped into the generator market for large data centers to recover its stock price, which is down 75% from its 2021 high. It recently invested $130 million in large generator production facilities and is expanding its business into the electric vehicle charger and home battery market.

Gates, who was manufacturing parts for heavy equipment trucks, has also developed new cooling pumps and pipes for data centers over the past year. This is because Nvidia’s latest AI chip ‘Blackwell’ makes liquid cooling a prerequisite. Gates explained, “Most equipment can be relocated for data centers with a little customization.”

Honeywell, an industrial equipment giant, started to target the market with its cooling system control solution. Based on this, sales of hybrid cooling controllers have recorded double-digit growth over the past 18 months.

According to market research firm Gartner, more than $400 billion is expected to be invested in building data center infrastructure around the world this year. More than 75% of them are expected to be concentrated on hyperscalers such as Amazon, Microsoft, Meta, and Google.



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OpenAI says GPT-5 will unify breakthroughs from different models

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OpenAI has again confirmed that it will unify multiple models into one and create GPT-5, which is expected to ship sometime in the summer.

ChatGPT currently has too many capable models for different tasks. While the models are powerful, it can be confusing because all models have identical names.

But another issue is that OpenAI maintains an “o” lineup for reasoning capabilities, while the 4o and other models have multi-modality.

With GPT-5, OpenAI plans to unify the breakthrough in its lineup and deliver the best of the two worlds.

“We’re truly excited to not just make a net new great frontier model, we’re also going to unify our two series,” says Romain Huet, OpenAI’s Head of Developer Experience.

“The breakthrough of reasoning in the O-series and the breakthroughs in multi-modality in the GPT-series will be unified, and that will be GPT-5. And I really hope I’ll come back soon to tell you more about it.”

OpenAI previously claimed that GPT-5 will also make the existing models significantly better at everything.

“GPT-5 is our next foundational model that is meant to just make everything our models can currently do better and with less model switching,” Jerry Tworek, who is a VP at OpenAI, wrote in a Reddit post.

Right now, we don’t know when GPT-5 will begin rolling out to everyone, but Sam Altman suggests it’s coming in the summer.

While cloud attacks may be growing more sophisticated, attackers still succeed with surprisingly simple techniques.

Drawing from Wiz’s detections across thousands of organizations, this report reveals 8 key techniques used by cloud-fluent threat actors.



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Puck hires Krietzberg to cover artificial intelligence

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Ian Krietzberg

Puck has hired Ian Krietzberg to cover artificial intelligence, primarily through a twice-weekly newsletter.

He previously was editor in chief of The Daily View, which produces a daily newsletter on artificial intelligence.

Before that, Krietzberg was a staff writer at TheStreet.com cover tech and trending news.

He is a graduate of the College of New Jersey.





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