At a Silicon Valley summit, robots fold laundry—and investors open their wallets [Los Angeles Times (CA)]
Tesla, Inc. (TSLA)
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Source: Los Angeles Times
Venture capital in U.S. humanoid robotics surged to nearly $2.8 billion in 2025, compared with just $42.6 million in 2020, according to PitchBook. Despite all the hype surrounding humanoid robots, analysts question whether consumers and businesses will use them. Robots from around the world converged on Silicon Valley to provide a glimpse of a potential future. Two robots picked up T-shirts with orange-tipped claws, then neatly folded and piled them. A cute companion robot with bright eyes used its mechanical hands to make a heart. A small robot wearing a bear hat threw punches and a blue-green robot, resembling an anime character, moved its head and arms. A robot designed to look like a child and teach had something to say. “By teaming up, humans and robots can solve big problems like making education more accessible, caring for people and protecting our planet,” said Codey, a robot from Mind Children, a Washington-state startup. The robots and roughly 2,000 people were
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