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Agility Robotics lays off some staff amid commercialization focus

April 4, 2024

Agility Robotics on Thursday confirmed that it has laid off a “small number” of employees. The well-funded Oregon-based firm says the job loss is part of a company-wide focus on commercialization efforts. “As part of Agility’s ongoing efforts to structure the company for success, we have parted ways with a small number of employees that […]

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Quick-commerce startup Zepto zooms to $1.2B in annualized sales, Goldman says

April 4, 2024

Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within just 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing the Zepto management. The startup, which competes with Zomato-owned Blinkit and SoftBank-backed Swiggy Instamart, has also expanded its market share “close to that of the number 2 […]

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Robot delivery firm Kiwibot buys Taipei chipmaker, citing US/China tensions

April 4, 2024

Bay Area/Colombia-based delivery robotics firm Kiwibot this week announced that it has acquired Auto Mobility Solutions. The Taipei firm produces chips specifically for the world of robotics and autonomous driving. Details of the transaction have not been disclosed. Kiwi founder and CEO Felipe Chávez Cortés does, however, tell TechCrunch that rising tensions between the U.S. […]

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