Spotlight 2024-12-20

AI Robotics Companies to Watch

Top AI robotics companies building humanoid robots, industrial automation, and autonomous systems. The future of physical AI.

From humanoid robots to autonomous drones, these companies are at the cutting edge of AI-powered robotics.

#1
Tesla AI logo

Tesla AI

Palo Alto, United States

$800.0B
Market Cap

aiming for factual detail and professional tone: Tesla AI engineers end-to-end neural networks powering its Autopilot driver-assistance system and the development of its Full Self-Driving (FSD) capability, utilizing a massive fleet-collected dataset for training and validation. Key innovations include advanced computer vision based on video prediction and a data-centric approach to AI model improvement, exemplified by the recent move to fully convolutional networks for FSD. Beyond automotive applications, Tesla AI is developing Optimus, a general-purpose humanoid robot intended for automated tasks, leveraging similar AI infrastructure and computer vision techniques.

#2
ABB Robotics logo

ABB Robotics

Zurich, Switzerland

$90.0B
Market Cap

ABB Robotics is a leading Swiss supplier of industrial and collaborative robots, autonomous mobile robots (AMRs), and associated automation solutions. Their technology integrates AI-powered software with a comprehensive robot portfolio – including 6-axis, Delta, SCARA, and paint robots – to optimize processes across a range of applications like material handling, assembly, and palletizing. Targeting industries including automotive, electronics, logistics, and increasingly healthcare & construction, ABB Robotics delivers increased efficiency, flexibility, and resilience for manufacturing and beyond.

#3
F

FANUC

Oshino, Japan

$35.0B
Market Cap

FANUC is a Japanese multinational corporation specializing in factory automation solutions, including industrial robots, CNC systems, and related technologies. They integrate AI and IoT capabilities into their core product lines – FA (factory automation), Robots, and Robomachines – to enhance efficiency and performance for manufacturing processes. FANUC primarily serves a global industrial market, offering a unique value proposition through lifetime product support and a commitment to long-term automation solutions.

#4
Symbotic logo

Symbotic

Wilmington, United States

$20.0B
Market Cap

Symbotic develops end-to-end warehouse automation systems utilizing a fleet of fully autonomous robots and AI-powered software. Their technology orchestrates a high-density robotic system to improve efficiency, speed, and flexibility within warehouse operations. Symbotic targets large-scale consumer goods distributors and retailers seeking to address labor challenges, reduce operating costs, and optimize inventory management within increasingly complex supply chains.

#5
Mobileye logo

Mobileye

Jerusalem, Israel

$15.0B
Market Cap

Mobileye develops and deploys vision-based advanced driver-assistance systems (ADAS) and autonomous driving solutions for the automotive industry. Their core technology centers around computer vision powered by machine learning, specifically utilizing System-on-a-Chip (SoC) designs for scalable and safe deployment. With over 200 million SoCs deployed, Mobileye partners with leading automakers to deliver both current ADAS features and future driverless capabilities.

#6
Cruise logo

Cruise

San Francisco, United States

$10.0B
Raised

Cruise develops autonomous vehicle technology for GM. Operates robotaxi services and develops Origin purpose-built autonomous vehicles.

#7
Autostore logo

Autostore

Nedre Vats, Norway

$9.0B
Market Cap

AutoStore provides ultra-dense automated storage and retrieval systems (AS/RS) for large-scale warehousing and fulfillment operations. Their core technology utilizes a grid-based, goods-to-person robotic system that optimizes storage density and throughput within a cubic layout. Targeting e-commerce companies and third-party logistics providers, AutoStore offers a scalable solution designed to maximize space utilization – reportedly quadrupling capacity – and achieve consistently high uptime (99.8%).

#8
UiPath logo

UiPath

New York, United States

$8.0B
Market Cap

UiPath provides a platform for enterprise automation, combining Robotic Process Automation (RPA) with AI-powered agentic automation capabilities. Their core technology utilizes AI agents to automate complex, end-to-end business processes, extending beyond traditional task-based RPA. UiPath targets large organizations seeking to improve operational efficiency and accelerate AI transformation by freeing employees from repetitive tasks and enabling focus on higher-value work.

#9
Cognex logo

Cognex

Natick, United States

$8.0B
Market Cap

Cognex Corporation develops and deploys machine vision systems and industrial barcode readers that automate manufacturing processes. Their core technology centers on deep learning-powered image analysis for quality inspection, defect detection, and robotic guidance. Cognex primarily serves the global manufacturing sector, offering solutions that improve production efficiency and reduce errors across industries like automotive, electronics, and food & beverage.

#10
Waymo logo

Waymo

Mountain View, United States

$5.5B
Raised

Waymo is an autonomous driving technology company developing self-driving vehicles. Operates robotaxi services in Phoenix and San Francisco.