Billions in investments pour into AI powered humanoid robotics from Tech Giants

Nvidia and Tesla are investing billions in AI robot arms with human intelligence, changing everything from manufacturing to health care, addressing labor shortages and productivity challenges.

The likes of Nvidia, Tesla, and other tech companies are making huge investments in AI-assisted humanoid robotics and moving the notion from fantasy to reality. As the AI technology develops, opportunities of their application in robotics are increasing in all spheres of the economy, manufacturing, healthcare, and logistics.

It has broad potentials of application if the labor demand can be mitigated and efficiency can be enhanced by humanoid robots. Nvidia, Tesla, Amazon, OpenAI, and other, are at the forefront of this revolution bringing in their ever-dynamic forces to contribute to it. The humanoid robotics industry is expected to be worth approximately $38 billion in the year 2035.

Rev Lebaredian, VP of Omniverse and Simulation technology at Nvidia, believes AI is crucial for multi-purpose humanoid robot development. This point was underscored at the 2024 World Congress on Innovation and Technology in Armenia, where he said that humanoid designs are a necessity in human-built environments like factories and hospitals.

Already, with aggressive plans to field more, Nvidia has shipped its Optimus humanoid robots out to factories for use. For its part, US Los Angeles based Agility Robotics plans to set up a facility in Oregon for producing 10,000 robots per year.

Anthropomorphic devices, in turn, are being made better by AI advancements: able to balance, walk, and navigate. Models are simulated before real world implementation using Nvidia's Omniverse.

As prices of humanoid robots decrease, more industries will use them. Safety, ethics and consequent impact on employment is an issue. If we consider the implications of robotics advancement upon society, these problems must be solved first.