Amazon acquires autonomous robotics startup Rivr


Amazon has acquired Rivr, a startup focused on autonomous robotics. Rivr is based in Zurich and was valued at $110 million in a funding round from August 2024, which both Amazon and its CEO’s Bezos Expeditions participated in. Financial details of the acquisition were not disclosed.

Rivr’s robots have four legs and wheels that allow it to maneuver on stairs and other potentially uneven surfaces. The company just released its second generation of the robot. The purchase will likely further Amazon’s capabilities for ever-faster and more efficient package deliveries.

“This acquisition reflects our commitment to a continued investment in research, which we believe has the potential to further improve safety outcomes and the overall delivery experience for delivery service partners and their delivery associates,” a representative from Amazon told The Information.

Amazon has been working toward introducing automations and robotics at various stages of its shopping business. It deployed its 1 millionth robot last summer and has future goals for automating 75 percent of all its operations.



Source link

  • Related Posts

    Google is reportedly testing a Gemini app for Mac

    Google is testing a version of its Gemini app for macOS, Bloomberg reports. The app would bring the AI assistant to uncharted territory, and in more direct competition with OpenAI’s…

    Best Smartwatch for 2026 – CNET

    We test smartwatches in the real world, focusing on key features from fitness tracking to connectivity that you’ll use every day. Starting with the watch itself, we check overall performance…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    ECB Would Need April Hike If Price Outlook Sours, Nagel Says

    Canada has deported only one Iran official — here’s what we know about those efforts

    Canada has deported only one Iran official — here’s what we know about those efforts

    What to Know About the Sexual Abuse Allegations Against Cesar Chavez

    FBI seems to seize website tied to Iranian cyberattack on Stryker

    FBI seems to seize website tied to Iranian cyberattack on Stryker

    Yoox CEO Mirko Nobili Reveals Rebranding Strategy, Vision for Growth

    Yoox CEO Mirko Nobili Reveals Rebranding Strategy, Vision for Growth

    Interest rates take fright