Roomba maker iRobot to merge with 2 Chinese companies

Picea Robotics and a business partner revealed it entered into a buyout deal with Roomba producer iRobot via court-supervised bankruptcy proceedings.

This Robotics ETF Is Poised for 400% Growth in the Next 10 Years

The robotics business is at a turning point, finally integrating artificial intelligence's full potential into moving machinery.

Who is Picea Robotics, Roomba’s new owner?

The Chinese ODM makes robot vacuums for dozens of companies along with its own 3i line.

Thanks to Antitrust Officials, iRobot Will Be Acquired by a Chinese Robotics Firm Instead of Amazon

Regulators warned Amazon’s iRobot deal would hurt consumers. Instead, the Roomba maker collapsed and sold to China.
Crain's Detroit Business

Robotics company plots $32M plant, 230 jobs in Wixom

Robotics company Teradyne plans to establish a $32 million plant and create 230 jobs in Wixom amid an automation boom across the manufacturing sector.

The 25 companies that will dominate the humanoid robot race, according to Morgan Stanley

Analysts at the investment bank estimated the humanoid robot market will be worth more than $5 trillion by 2050.

At a Silicon Valley summit, robots fold laundry—and investors open their wallets

California startups are building robots to help with fold laundry and other tedious tasks as the race to dominate artificial intelligence intensifies against countries such as China.
CNET on MSN

2026 and the Rise of Humanoid Robots: Looking at Trust, Privacy and the Future of Work

Robot companies are racing toward a breakout year, but they'll have to confront some fundamental problems before making bigger promises.