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

A major Massachusetts company best known for inventing the Roomba robot vacuum has filed for Chapter 11 bankruptcy. iRobot filed for bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on Dec.

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

The original Roomba was the first robot vacuum in the US, and the second ever made, following Electrolux’s Trilobite the year prior. A basic bump-and-roll bot with bump and cliff sensors, the Roomba rolled randomly around your home, sucking up dirt, bumping from wall to wall, and generally trying not to fall down stairs.

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

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.

AMC Robotics Corp. ( AMCI) is a newly public AI-robotics and smart security company that is trading on the Nasdaq following its SPAC merger with AlphaVest Acquisition Corporation earlier in the month.

Tesla's surge on autonomy and robotics optimism puts ETFs like BOTZ, ROBO, ARKQ in focus, offering diversified exposure to AI and automation trends.