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Industry

Waymo pioneer Sebastian Thrun launches robotics startup Dulo to design hardware with AI

Sebastian Thrun, an early key figure in Google’s self-driving car project and Waymo, is working on a new robotics startup called Dulo. He mentioned the company during a keynote speech at the Actuate robotics conference in San Francisco, but said it was not time to describe it in detail and that it remains in stealth mode. A brief page hosted by Stanford says Dulo is developing foundation models for hardware design.

Industry

LG Electronics steps up robotics cooperation with Nvidia, aims to become total robotics solution provider

LG Electronics is speeding up cooperation with Nvidia on its robotics business, inviting a senior Nvidia executive to its Data Factory on Aug. 18 to discuss ways to accelerate the business with top executives from LG Group affiliates, including CEO Jae-cheol Ryu (류재철). The meeting came four days after the companies signed an MOU in the United States. LG Electronics aims to build a “data flywheel” system and become a total robotics solution provider.

AI & Enterprise

Anthropic, OpenAI face different challenges ahead of trillion-dollar IPOs

As a race for trillion-dollar IPOs in the AI industry gathers pace, Anthropic and OpenAI are preparing to list while facing different challenges. Anthropic must persuade investors to accept its valuation based on revenue it has yet to earn in 2028. OpenAI, by contrast, is grappling with leadership uncertainty after a series of executive departures. Both companies are targeting valuations close to $1 trillion.