Rivian has unveiled its second spinoff company of the year, Mind Robotics, focusing on leveraging industrial AI to transform how physical world businesses operate. The venture will utilize Rivian’s operations data as the foundation for a robotics data flywheel, aiming to enhance efficiency in manufacturing plants. Rivian CEO RJ Scaringe emphasized the potential for AI to revolutionize operations in the physical world, leading to the creation of Mind Robotics to develop advanced AI robotics tailored for industrial applications.

Mind Robotics has secured a $115 million seed round led by VC firm Eclipse, with Scaringe serving as chairman of the board of directors. While the specifics of the venture’s operations remain undisclosed, the launch follows Rivian’s earlier spinoff of its micromobility division into Also Inc. Robotics and industrial AI are areas of increased investment, with companies like Tesla and General Motors also exploring these technologies. The groundbreaking potential of Mind Robotics hints at the growing significance of AI in reshaping industrial processes.