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Rhoda AI raises $450 million to train robots using online video
Investing.com – Rhoda AI has raised $450 million in funding to develop an AI model trained on millions of publicly available internet videos, aimed at guiding robots to perform various industrial tasks. This round of funding was led by Premji Invest, valuing the startup at $1.7 billion (including this funding round).
The company’s approach differs from current AI models used for robotics, which are typically built using remote control data, meaning humans remotely control the robot’s movements. This method limits the amount of data needed for robots to adapt to environments outside the laboratory. Rhoda’s team believes that online videos can help overcome this limitation, supplemented with a small amount of robotic telemetry data.
CEO Jagdeep Singh, who previously founded and operated solid-state battery manufacturer QuantumScape Corp. (NYSE: QS), explained the advantages of the video-based approach. He pointed out that in remote control, changes in phone orientation can cause the model to fail, whereas Rhoda’s model has seen many examples of objects from different directions, enabling it to generalize.
Other supporters of this funding round include Khosla Ventures, Singapore’s state investment firm Temasek Holdings Pte, and venture capitalist John Doerr. Rhoda is one of the many startups increasingly attracting investor interest by leveraging AI advancements to improve robot navigation.
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