Munich's Agile Robots raises $500M at $8.5B valuation in SoftBank-led round with Nvidia and Hitachi

The physical-AI maker has now raised about $2 billion in total, dpa reports; it plans to use the money for US market entry and new industrial applications, and its Fürstenfeldbruck plant opened this year is designed to build up to 10,000 humanoid robots a year.