USSTOCK.TODAY
Pre-Market
Log in Sign up

Ultra raises $62 million and announces partnership with Physical Intelligence

Fortune ·

  1. 1The $62 million raised by Ultra consists of $50 million in Series A funding and $12 million in seed funding.
  2. 2Ultra announced it is strengthening its partnership with AI company Physical Intelligence.
  3. 3CEO Jon Miller Schwartz said robots that record over 500,000 orders packed for delivery have the greatest impact on the real world.

So what's the key point?

Ultra has raised a total of $62 million. The company plans to work with Physical Intelligence to grow its robot technology.

Source Fortune · View original ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →