{
  "id": 15870174,
  "title": "Techies are throwing billions at robots; the 'hardware tourists' are piling in",
  "url": "https://urgent.news/2026/10/21/techies-are-throwing-billions-at-robots-the-hardware-tourists-are",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-21T09:00:01.000Z",
  "source": {
    "name": "Business Insider",
    "slug": "business-insider",
    "url": "https://www.businessinsider.com/why-silicon-valley-vcs-are-investing-billions-in-robotics-2026-10"
  },
  "original_language": "en",
  "account": "For decades, robotics remained a hard sell in Silicon Valley. However, a convergence of factors has transformed the landscape, making machine learning-powered hardware one of the hottest investment prospects. In the first half of 2023 alone, robotics and physical AI companies raised an astounding $33.4 billion globally, surpassing the $28.7 billion raised in all of 2022. This surge follows a mere $5 billion in funding the previous year.\n\nInvestors are increasingly drawn to robotics for several reasons: cheaper hardware, smarter AI models, labor shortages, and heightened competition with China. High-profile deals include Anduril's $5 billion funding round led by Thrive Capital and Andreessen Horowitz, Saronic's $1.75 billion investment led by Kleiner Perkins, and Skild AI's $1.4 billion round led by SoftBank. Notable figures in the field, such as UC Berkeley robotics professor Ken Goldberg, express their astonishment at the unprecedented interest and funding.\n\nThe surge in investment coincides with advancements in machine learning that enable robots to perceive their environments, make decisions, and adapt to new tasks. As a result, companies are developing more versatile machines rather than engineering a separate robot for each task. Major players like Nvidia, Amazon, Tesla, and Big Tech are all allocating significant resources to robotics, positioning themselves to harness the immense potential of this burgeoning industry.",
  "summary": "Silicon Valley investors are pouring billions into robotics and physical AI. But some industry veterans warn the robot gold rush could end badly.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}