US robotics companies push for national strategy, including a central office, to compete with China [Yahoo! Finance Canada]
Tesla, Inc. (TSLA)
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Source: Yahoo! Finance Canada
Representatives of companies — including Tesla, Boston Dynamics and Agility Robotics — on Wednesday met with lawmakers on Capitol Hill to show off products and push for the United States to adopt policies that would boost American companies in a global race to develop the next generation of robots. Jeff Cardenas, co-founder and CEO of humanoid startup Apptronik, of Austin, Texas, pointed out to lawmakers that it was American carmaker General Motors that deployed the first industrial robot at a New Jersey assembly plant in 1961. But the U.S. then ceded its early lead to Japan, which remains a powerhouse of industrial robotics, along with Europe. The next robotics race will be powered by artificial intelligence and will be “anybody's to win,” Cardenas said in an interview after the closed-door meeting. “I think the U.S. has a great chance of winning. We're leading in AI, and I think we're building some of the best robots in the world. But we need a national strategy if we're going
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