Rivian created another spinoff company called robotic mind

Rivian created a second spinoff company this year: an industrial AI and robotics venture called mind robotics.

The new venture will focus on using “the AI ​​industry to reshape the way the business operates in the physical world. It is the basis for the company’s third flywheel shareholders published on Tuesday.

Rivian said Tuesday it had raised about $110 million in “External Equity Capital,” but did not immediately provide information on other thoughts. “We believe AI Enabled robotics can support a wide range of industrial applications,” Rivian said in the letter.

The mind robotics launch marks the second time this year that Rivian has created a new standalone company. In March, The The company spun out a micro skunking division to a startup also called Inc. that the new company is financed with money from the eclipse, with Additional funding from Greenoaks capitalSee rank-.

Trademark Application For the robotics mind sent to the US patent and trademark office on Monday showing the Eclipse couple Jiten Behl as signs of the company that has just been created as a corporate address. Behl did not immediately respond to a request for comment.

It’s not clear if Rivian’s employees are moving into a robotic mind, that’s how it is. A spokeswoman for Rivia declined to comment. But the company downplayed the possibility in a letter Tuesday.

“With a strong bench of technological talent and an innovation-driven culture, we can identify areas of additional value to accelerate the mission at the Rivian scale,” he wrote.

Robotics and the AI ​​industry are hot areas for investment right now. Abide killing humanoid robotics Raise money and try to deliver products, including Tesla. General Motors works alone Robotics and Ai Divisionalso.

Beyond Tuesday’s Rivian announcement, very little is known about what robotics will do next. There should be no digital footprint for a company, save for a trademark application. The application is very verbal and says that robotics, can use the trademark for everything from machines, to vehicles, to “incubators for eggs.”