Mentioned:
Major League Baseball is getting in on something new: robotics.
What’s happening:
- Richtech Robotics (NASDAQ: RR) has successfully installed the first humanoid robot to ever be operational in a major league sports arena
- Richtech Robotics’s flagship humanoid robot, which is known as ADAM, is now fully operational at the Texas Rangers Globe Life Field stadium located in Arlington, Texas
The big idea:
- ADAM is an autonomous robot powered by artificial intelligence which is capable of mixing and serving drinks without any human supervision
Why it matters:
- Robotics are on the rise, with major car manufacturers such as Mercedes Benz bringing autonomous robots into their production facilities and the notable recent launch of Figure’s newest humanoid robot which is backed by Nvidia (NASDAQ: NVDA) and Microsoft (NASDAQ: MSFT)
By the numbers:
- Richtech Robotics now has robots operating in 37 different States across the United States of America
- Over 120 different companies globally have partnered with Richtech Robotics to leverage the capabilities of their autonomous robots
Going deeper:
- Richtech Robotics has deployed their robots in a variety of different locations, including sports arenas, ghost kitchens and restaurants
