Mukesh Ambani-backed startup to launch new humanoid robots in 2025: Report

The Noida-based Addverb Technologies, backed by Mukesh Ambani says its humanoid robots can do tasks relevant to industries such as fashion, retail, and energy

Published on: Nov 18, 2024, 12:16:14 IST

By HT News Desk

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The Mukesh Ambani-backed Addverb Technologies Ltd will be introducing its first ever humanoid robot in 2025, according to a Bloomberg report.

This comes amid the introduction of such types of robots to help perform unimportant or time consuming tasks by companies including Elon Musk's Tesla, Boston Dynamics, Agility Robotics, Figure AI and some others including Chinese ones.

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India and Asia's richest person Ambani entered this space to take on players from the US and China.

The Noida-based Addverb's humanoid robots can perform tasks relevant to industries such as fashion, retail, and energy, the report quoted CEO Sangeet Kumar as having said. However, prices along with specifics of actions the robots can perform haven't been mentioned.

Apart from Addverb, Ambani also backed Hanooman AI, which was launched by BharatGPT this year.

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Meanwhile, Elon Musk unveiled the the new Robotaxis and Tesla Optimus during the "We, Robot" launch event, and said humanoid robots would soon hit the markets.

Tesla is expected to launch the Optimus humanoid robots at around $20,000-25,000, with them likely become common by 2040.

Addverb's Sangeet Kumar meanwhile said it would require "huge money" to build humanoids, but that his robots were ready to compete with global companies from the US, Europe and and China, despite China's robots being government-subsidised.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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