Tesla boss Elon Musk recently said he expects that Tesla's Optimus will eventually be responsible for as much as 80 per cent of the company's revenue. He claims Tesla will build between 500,000 and one million robots by the end of 2027.

Tesla CEO Elon Musk announced that the company may build a gigantic chip fab to produce its own artificial intelligence chips, possibly in collaboration with Intel. Speaking at Teslas annual shareholder meeting,

Elon Musk said he expects Tesla to be able to put all the Cybercabs it builds on the road, and thanked Waymo for 'paving the path.'

Following in the footsteps of Tesla, which is developing a humanoid robot called Optimus, Rivian on Tuesday announced its entry into the world of robotics.

Industrial robotics is shifting to autonomy with AI, digital twins, and advanced actuation, transforming sectors like automotive, healthcare, and logistics. Humanoids and mobile robots gain traction,

During the third quarter earnings call, CEO RJ Scaringe announced Rivian's second spin-off company, Mind Robotics, which specializes in industrial AI