Covariant Stock

covariant.aiIndustrial / RoboticsFounded: 2017Funding to Date: $221.74MM

Covariant, founded in 2017, is a artificial intelligence (AI) company that focuses on developing innovative AI solutions for the robotics industry. Their advanced AI software, known as the Covariant Brain, is designed to empower robots with the ability to learn from experience, adapt to new environments, and perform complex tasks efficiently. By utilizing deep reinforcement learning and other AI techniques, Covariant aims to revolutionize industries such as logistics, warehousing, and manufacturing, where automation can significantly enhance productivity, accuracy, and safety. Covariant is headquartered in Berkeley, California.

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Covariant’s stock FAQs

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Can you buy Covariant’s stock?

As Covariant is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private company like Covariant, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge's Secondary Marketplace to buy private market stock. If you are not an accredited investor, discover how to begin the process to potentially qualify for new investment opportunities.
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Is Covariant’s a public company?

No, Covariant’s is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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Covariant is a privately held company and therefore does not have a public stock price. However, you may access Covariant’s private market stock price with Forge Data.
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Covariant does not have an official ticker symbol because this company is not currently publicly traded.
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News Highlights

Covariant Announces a Universal AI Platform for Robots

Robotics startup Covariant has developed an AI platform called RFM-1 that uses data from its warehouse robots to enable universal robotic control and simulation. The company aims to expand RFM-1's capabilities by collecting more data from different robots performing various tasks.

Covariant is building ChatGPT for robots

Covariant launched RFM-1, an AI platform to help robots understand language and reason like humans, allowing more flexible automation. The technology is based on a large dataset from existing deployments.

Introducing RFM-1: Giving robots human-like reasoning capabilities

Covariant announced its new software RFM-1 to give robots an AI brain.

Otto Group Taps Covariant to Bring AI to Logistics

"Otto Group, the European eCommerce company, has partnered with artificial intelligence robotics company Covariant. Otto Group will use Covariant's robots to automate fulfillment activities, aiming to boost operational efficiency and improve work quality within its fulfillment centers. Otto Group plans to install hundreds of Covariant‚ AI-powered robotic solutions in all its fulfillment centers, starting in Germany. The partnership comes as shipping and logistics businesses are increasingly seeking digital and automated operations.
Updated on: Jul 24, 2024

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