This company of billionaire Mukesh Ambani is planning to introduce humanoid robot which are capable of performing simple tasks across multiple sectors.
Asia’s richest man and Reliance chairman, Mukesh Ambani, is making headlines for the major decisions he has taken recently. Adding to this, the billionaire’s company, Addverb Technologies, is planning to launch its humanoid robots in India in 2025. According to reports, Sangeet Kumar, CEO of the Noida-based company Addverb, stated that these robots will be capable of performing simple tasks across multiple sectors.
Mukesh Ambani’s Company To Introduce Humanoids Next Year
Notably, these humanoids will be useful in major sectors such as fashion, industry, and energy. Mukesh Ambani’s Addverb may launch its first humanoid robot in 2025, as reported by Bloomberg.
Ambani’s Humanoids To Compete With Major Players
It is worth noting that, these humanoid robots are being developed at a time when global companies, including Tesla, are working on similar technologies. Mukesh Ambani has entered this sector when companies from the US and China have already launched their products.
Addverb’s Humanoids Price
Details regarding the price and specifications of Addverb’s humanoid robots are yet to be revealed.
Mukesh Ambani Planning To Dominate AI Market
Apart from Addverb, Mukesh Ambani also owns Hanooman AI, which launched BharatGPT earlier this year.
Recently, Elon Musk, one of the richest man in the world, showcased Tesla Optimus at the We, Robot event. The robot is expected to hit the market soon, with an estimated price ranging between USD 20,000 and USD 25,000, equivalent to Rs 16–21 lakh in Indian currency.
Mukesh Ambani Gifts Rs 70,000 Crore Company To Nita Ambani
Mukesh Ambani is now one step closer to expanding his wealth as a major deal has been penned down. The year-long negotiations have concluded successfully, merging two industry giants – Viacom18 and Disney Star India, under the umbrella of Reliance Industries. With this merger, Reliance has now access to dual OTT platforms, 120+ channels, and a massive audience database of around 750 million.
As a key move in this strategic merger, Nita Ambani, Mukesh’s wife and the chairperson of Reliance Foundation, owner of the IPL franchise Mumbai Indians, and the pioneering force behind the Nita Mukesh Ambani Cultural Centre, has been instated as the chief of this newly-formed company.
Nita Ambani To Take Charge Of The New Company
Under the Rs 70,352 crore deal, Reliance will hold 63.16 percent stake, while Disney will retain a 36.84 percent stake in the company. Nita Ambani will lead the company alongside three CEOs. The join venture is expected to churn out an annual revenue of Rs26,000 crore. Reliance has invested Rs11,500 crore into this venture.
Comments are closed.