Unbiased AI-powered news
Rivian Automotive founder RJ Scaringe has started MIND Robotics to improve how humanoid robots integrate into manufacturing. The new company focuses on factory environments, data systems, and safety measures for robot deployment.
forbes.comRivian Automotive founder RJ Scaringe has launched MIND Robotics to develop humanoid robots for manufacturing settings. The company aims to address integration challenges that arise when placing robots on factory floors. Scaringe serves as chairman of MIND Robotics. Rivian is listed as a significant partner and launch customer for the new firm.
Traditional factory robots operate in fixed spaces and perform limited tasks. Humanoid robots are designed to move more freely and handle varied jobs through AI training. Scaringe said Rivian identified gaps in how AI data systems and physical plant layouts support humanoid robots. These observations led to the creation of a separate company to study those issues.
Robotics raised $115 million in a seed round shortly after its founding in late 2025. It later secured $500 million led by Excel and Andreessen Horowitz, followed by $400 million last week, bringing total funding above $1 billion. U.S. manufacturing.
Cohen, founding partner at Drive TLV, said humanoids require systems that build trust between robots and human workers. He noted the need for closed loops between AI performance and defined production goals. Darragh De Stonndun, CEO of Automated Industrial Robotics, said companies must redesign factory systems rather than expect robots to match human tasks exactly.
His firm works with Rivian on manufacturing engineering projects. Scaringe compared robot development to autonomous vehicle systems, noting both require safety constraints to prevent errors that could affect production or worker safety.
Single source — no framing comparison available.
Iran directed Yemen's Houthi movement to stand ready to close the Bab el-Mandeb strait if the United States attacks its power network. The order follows recent U.S. strikes and Iran's closure of the Strait of Hormuz. Shipping routes face added risk.
forbes.comThe average 30-year fixed mortgage rate increased to 6.55 percent this week from 6.49 percent last week, Freddie Mac reported Thursday. The 15-year rate also rose, while the 10-year Treasury yield reached 4.57 percent.
bloombergquint.comThe trade pact eliminated UK tariffs on Indian jewellery. Indian indices fell while US markets rose on bank earnings. TSMC expanded its Arizona investment.