Picea Robotics and a business partner revealed it entered into a buyout deal with Roomba producer iRobot via court-supervised bankruptcy proceedings.

Vacuum robot maker IRobot filed for bankruptcy and will be acquired by Chinese supplier Picea Robotics, ending its independent operations. Roomba users fear “bricking” — the risk that their smart vacuums will stop working without software updates after the Chinese acquisition takes effect.

The Chinese ODM makes robot vacuums for dozens of companies along with its own 3i line.

Analysts at the investment bank estimated the humanoid robot market will be worth more than $5 trillion by 2050.

Richtech Robotics operates in a rapidly evolving robotics sector dominated by big tech and aggressive capital deployment. Read why RR stock is a Sell.

Unloading trucks and shipping containers at warehouse docks is mostly done by people and remains a key bottleneck in the shipping industry. The UPS order puts a spotlight on Pickle Robot Co., a Charlestown,

Robot companies are racing toward a breakout year, but they'll have to confront some fundamental problems before making bigger promises.

EngineAI posted a video of its CEO, Zhao Tongyang, being kicked in the stomach by its T800 robot after online skeptics questioned an earlier video.