According to Addverb co-founder and CEO Sangeet Kumar, the startup's first humanoid robot will be introduced next year. It can work in industries such as fashion , retail, and energy.

Addverb is known for its warehouse and industrial automation robots. The startup will manufacture humanoid robots in Noida, starting with around 100 units in the first year.

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Addverb's humanoid robot design. Photo: Addverb Technologies

Thus, Mukesh Ambani – Asia's richest man – joins Elon Musk and Jeff Bezos in the race to popularize humanoid robots globally.

Although the technology has yet to be proven effective and is only available in small numbers on the market, Musk predicts that by 2040 there will be 10 billion humanoid robots, priced between $20,000 and $25,000.

In a video interview, Kumar said he is pouring huge funds into developing humanoid robots . “Our designs are ready and next year, our robots will compete globally in the US and European markets, against Chinese robots.”

Addverb is collaborating with various companies in billionaire Ambani's Reliance empire, leveraging resources like AI, 5G. The startup will test and deploy humanoid robots at the group's branches.

They will be involved in fields such as elderly care and defense within three to five years.

Reliance’s relationships give Addverb access to Nvidia’s latest processors, Qualcomm’s 5G technology and Intel’s motherboards. Reliance Industries holds a 56% stake in Addverb.

According to Kumar, Addverb's ambition with humanoid robots is to eliminate all the dull, dirty and dangerous work.

(According to Bloomberg)