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Amazon Acquires Humanoid Robot Maker Fauna
PYMNTS·
Amazon has expanded its reach into the consumer robotics sector with the acquisition of Fauna Robotics, a company specializing in the design and assembly of humanoid robots intended for use around people. This strategic move suggests Amazon's ambition to enter the consumer robotics market, potentially offering advanced robotic companions or assistants to households. The acquisition, confirmed by Fauna's co-founders, indicates a significant investment in developing and deploying sophisticated robotics technology for a broader consumer audience.
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PYMNTS — pymnts.com