Cobot
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Ascend series: Seattle’s ‘Third Act’ — physical AI startups on Lake Union signal a shift toward software-enabled hardware
The piece reports from Lake Union to argue Seattle is entering a third industrial era—'physical AI'—where hardware-enabled intelligent machines mix with legacy maritime and aerospace industries, exemplified by startups like Overland, Anduril, Brinc, and Endurance Energy. The authors say Seattle has the talent, infrastructure, and institutions to lead but needs more risk-taking, investor capital for hardware, and pro-innovation policy to fully capitalize on this shift.
Agility Robotics Seeks $400 Million Funding at $1.75 Billion Valuation to Advance Digit Warehouse Robots
Agility Robotics is reportedly raising $400 million at a $1.75 billion valuation to fund its Digit humanoid warehouse robots, with lead investor WP Global and participation from SoftBank. The company recently announced new improvements to Digit's capabilities and continues pilot testing with Amazon, a previous investor.
