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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Frequently Asked Questions About Covariant’s Stock

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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

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: May 8, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.