Amazon Assembles New Team To Develop Next-Generation Home Robot
· Technology · CNBC
Amazon is developing a new-to-world home robot product after its previous attempt, the $1,450 Astro device, failed to move beyond beta testing. The company has formed a dedicated robotics team and is actively hiring engineers to build a machine capable of navigating dynamic home environments. While the Astro was limited to a few thousand customers and a short-lived business version, Amazon continues to view robotics as a critical long-term investment. CEO Andy Jassy has identified artificial intelligence and robotics as significant technological inflections for the company's future. Barclays analysts project the global humanoid robotics market could grow from its current $2 billion valuation to as much as $200 billion by 2035.
Why it matters
The project signals Amazon's continued commitment to consumer robotics despite early commercial setbacks, potentially shaping the future of domestic automation and AI-integrated hardware.
Read the original report — CNBC
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.