Humanoid robots are an under-the-radar use case in artificial intelligence (AI) development.
Microsoft, Nvidia, Intel, and OpenAI are some of the leading companies investing in this area.
While it’s impressive to see Microsoft and Nvidia exploring humanoid robotics, I see Tesla (TSLA 1.82%) as the leader in the space. Outside of its electric vehicles (EV) and battery packs, Tesla is building a humanoid robot called Optimus. The vision behind Optimus is for Tesla to integrate these robots inside its car factories to work alongside humans.
The idea is that Optimus will help bring new levels of efficiency to Tesla’s manufacturing capabilities and EV production. As a result, the EV maker may be able to produce a higher volume of cars and sell them more quickly, compared to today’s output levels.
The prospects for Optimus are particularly lucrative, considering it can complement Tesla’s existing core car business while also diversifying the entire operation since the company could commercialize the robotics business. Not too long ago, Tesla CEO Elon Musk suggested that Optimus alone could eventually be a $200 trillion opportunity.
Link to article:
https://www.fool.com/investing/2024/09/17/cathie-wood-says-humanoid-robotics-are-a-24/
Credit: Motley Fool