Op-ed: What $5 billion humanoid robots taught me about risk, jobs and the future of the economy [CNBC]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: CNBC
Labor is one of the largest input costs in the global economy, so if you can build a humanoid that performs repetitive, dangerous, or ergonomically brutal tasks, you're altering a cost structure that sits at the core of global GDP. That's the type of risk profile that can make an early-stage investment go to zero quick or grow non-linearly, writes CEO and investor Ravin Gandhi. For UT Austin-founded robotics startup Apptronik, which he invested in back in 2019 at a valuation of $15 million, it's been the latter after a recent deal valuing the company at $5 billion. An Apollo humanoid robot prototype, made by Apptronik Inc., demonstrates its dexterity during a media day at the Mercedes-Benz Digital Factory Campus in Berlin, Germany on Tuesday, March 18, 2025. Bloomberg | Bloomberg | Getty Images Recently, Apptronik announced a $520 million funding round at a valuation north of $5 billion, with Alphabet 's Google DeepMind as a partner. Today, their market position within the hu
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