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Warehouse robotics start-up Ultra has raised a $12 million seed round and a $50 million Series A, and expanded its deal with Physical Intelligence to supply AI software for its robots, Fortune reports.
Why it mattersThe funding totals $62 million across the two rounds. The expanded tie-up links that investment to a practical question for warehouse automation: how much of a robot’s usefulness comes from its hardware, and how much from the software telling it what to do?
Discuss: Should warehouse robotics firms prioritise building their own AI software, or partner with specialist AI companies?
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