Robotics AI developer FieldAI reportedly raising $700M in funding
SiliconANGLE Maria Deutscher ● Covered by 8 sources
Rumor — unconfirmed reporting.
FieldAI Inc. is reportedly seeking a $700M funding round that could value the robotics AI developer at $10 billion. The report says FieldAI’s value would be about five times its worth from last August. As a result, the company’s fundraising plans could expand its ability to scale its map-free robot AI and digital twin platform.
Why it matters
FieldAI Inc., a startup that develops artificial intelligence models for robots, is reportedly seeking $700 million in funding. A source told Business Insider today that the round could value the company at $10 billion. That’s five times what FieldAI was worth last August. It’s believed the company has already signed a term sheet, a nonbinding […] The post Robotics AI developer FieldAI reportedly raising $700M in funding appeared first on SiliconANGLE.