OpenAI-backed 1X raises another $100M for the race to humanoid robots

The robotics company 1X, with its humanoid robot NEO, has secured significant funding of $125 million, with OpenAI’s involvement drawing attention due to its leading role in generative AI technology. The introduction of humanoid robots like NEO aims to address global labor shortages by leveraging their ability to navigate environments designed for humans. However, there are concerns about over-engineering and the true general-purpose functionality of such systems. The $125 million funding will not only be used for further development of the humanoid robot NEO but also to reward the dedicated team and enhance the company’s Embodied AI offering and go-to-market strategy.