Intrinsic made its debut last September. The subsidiary looks to buck its parent company's spotty record with a software-first approach. The company is looking to make manufacturing robots more intelligent in order to meet the demand for automation.
It made its second big piece of news today. Intrinsic is acquiring another firm. The Bay Area-based firm has been kicking for a dozen or so years, raising a healthy $250 million in that time from big names like Jeff Bezos. The company describes its tech as a solution that uses artificial intelligence to automate tasks that are too complex and versatile for traditional automation.
Scott Phoenix, the new CEO of the firm, will be joining the DeepMind research team, as will a small team from the firm led by Dileep George. In the initial Intrinsic announcement post, CEO Wendy Tan-White noted that the company has been collaborating with teams throughout the company.
For more than a decade, Vicarious has been pushing the boundaries of intelligent robotics and artificial intelligence across multiple industries with visionary customers.
Since its launch, Intrinsic has mostly stayed silent, opting to focus on building technology pilots with real-world manufacturing firms. The announcement doesn't offer much more information on the deal, so that's likely to continue. In the coming months, Tan-White promises more details.
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