Home » Uncategorized » Intel’s Robotics Business RealSense Spins Off Amid Industry Optimism

Intel’s Robotics Business RealSense Spins Off Amid Industry Optimism

by ytools
0 comment 0 views

Intel Corporation has made a bold decision to spin off its robotics division, RealSense, which focuses on developing cameras and sensors for robotic applications. The company has raised $50 million in a Series A funding round to support the separation. This move, spearheaded by Intel’s CEO, Lip-Bu Tan, is part of a larger effort to streamline operations and focus on the core semiconductor manufacturing business.
Intel’s Robotics Business RealSense Spins Off Amid Industry Optimism
However, this strategy seems to be at odds with the optimism surrounding the humanoid robot industry, which many, including investment banks and Elon Musk, view as a multi-trillion-dollar opportunity in the coming decades.

The robotics market, particularly humanoid robots, has been gaining attention due to its potential impact across industries like manufacturing and logistics. In fact, Morgan Stanley has estimated that the global humanoid robot market could be worth $5 trillion by 2050. Meanwhile, Musk has repeatedly stated his ambition to pivot Tesla from electric vehicles to robots, citing the massive potential in the field.

Despite this, Intel has opted to stick with its strengths in chip manufacturing, believing that focusing on its core business will position the company for long-term success. RealSense’s sensors are vital for enabling robots to perceive their surroundings, making them an integral part of the robotics supply chain. However, former Intel CEO Patrick Gelsinger has acknowledged that the company has missed opportunities in AI products, especially as NVIDIA has emerged as a leader in AI GPUs.

The global competition in robotics is fierce, and reports suggest that the US is trailing behind China in this high-stakes industry. While some companies are placing big bets on the future of humanoid robots, Intel’s decision to divest from the sector raises questions about its strategy moving forward.

You may also like

Leave a Comment