Addverb Technologies, a robotics company backed by Mukesh Ambani, Asia’s richest man and chairman of Reliance, has announced an ambitious plan to bring intelligent humanoid robots to market by 2025. The Noida-based company is concentrated on developing modern artificial intelligence-based robotics solutions to remodel industries including fashion, retail and energy.
This strategic move positions Addverb as a brand new competitor within the increasingly competitive global robotics landscape by which firms equivalent to Tesla are showing strong interest. With Ambani’s entry into this sector, India is now able to compete with major players from the US and China equivalent to Tesla, Boston Dynamics and Agility Robotics.
According to Sangeet Kumar, CEO of Addverb, the important goal of this development is to deal with “3D” professions – boring, dirty and dangerous. To support this innovation, Addverb will leverage its strategic partnership with Reliance Industries, in addition to Jio’s AI platform and 5G services.
Equipped with the newest GPU technology, energy-efficient actuators and versatile dual-arm manipulation systems, these humanoid robots are designed to perform quite a lot of tasks in complex environments. Thanks to Visual and Language Action (VLA) functions, these robots can interact with the environment in an intuitive and autonomous way.
Using self-learning algorithms and deep multimodal data, these humanoid robots can adapt quickly and flexibly. They will turn out to be worthwhile assets in applications starting from logistics and manufacturing to disaster response, offering capabilities equivalent to parcel handling, quality control, sorting, assembly and rescue.
While the estimated cost of Tesla’s Optimus robots is between $20,000 and $25,000, Addverb’s Kumar admits that developing humanoid robots is a big investment. But he’s confident that Addverb will have the opportunity to compete in an especially competitive global market, including Chinese firms that always profit from government subsidies.
The technical specifications and pricing details of Addverb humanoid robots haven’t been officially announced yet.
Apart from Addverb, Mukesh Ambani also supports Hanooman AI, which was launched this yr by BharatGPT. Founded in 2016, Addverb provides intelligent robotics solutions for warehouses and industrial automation.
Working with key clients equivalent to Reliance, HUL and PepsiCo, Addverb goals to create a downstream ecosystem in step with the ‘Make in India’ vision and increase the density of humanoid robots in India while increasing global adoption.
Headquartered in India, Addverb has manufacturing and R&D facilities in India and the US, and offices in Australia, Singapore, the Netherlands and the US. Its product portfolio includes autonomous mobile robots, sorting robots, automated storage and retrieval systems, and picking technologies utilized by over 350 firms, including Flipkart, Unilever and Johnson & Johnson.
Since Reliance became a strategic investor in 2021, Addverb has deployed its robotics solutions across Reliance’s various businesses equivalent to retail, fashion, petrochemicals and healthcare. To develop humanoid robots, Addverb will collaborate with Reliance, leveraging Jio’s AI platform and 5G services, while integrating the technology across all group businesses.
