31.0% chaos · simmering
corporate chaos
1 sources
Amazon acquires autonomous robotics startup Rivr
What happened
Amazon has acquired Rivr, a startup focused on autonomous robotics. Rivr is nexstar-closes-62b-tegna-deal-despite-state-lawsuits.html" class="story-link" title="Eight States Sue to Block Nexstar’s $6.2 Billion Deal for Tegna, Which Is Suppor">states...">based in Zurich and was valued at $110 million in a funding round from August 2024, which both Amazon and its CEO's Bezos Expeditions participated in. Financial details of the acquisition were not disclosed. Rivr's robots have four legs and wheels that allow it to maneuver on stairs and other potentially uneven surfaces. The company just released its second generation of the robot. The purchase will likely further Amazon
Why people care
Reported by Engadget.
Sources
Related stories