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1X Secures $100M Funding to Expand Android Presence in Consumer Market

1X Secures $100M Funding to Expand Android Presence in Consumer Market
1X Secures $100M Funding to Expand Android Presence in Consumer Market

1X is bringing the future home with its latest $100 million boost aimed at scaling AI-driven androids for consumer use. The robotics firm will invest in expanding its android, NEO, designed to facilitate daily tasks domestically and industrially.

The substantial Series B funding propels 1X beyond its $125 million mark, backed by AI pioneers like OpenAI. NEO joins EVE, 1X's first model that revolutionized industrial automation, hinting at a workforce transformation.

NEO's debut underscores a growing trend in AI integration into everyday life, mirroring efforts by companies such as Figure, which garnered $70 million for its own commercial humanoid robots tackling labor and safety issues. As 1X ramps up production, the implications of humanoid robots in household and industrial settings are set to redefine our interaction with technology.

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