Richtech Robotics (RR) announced the signing of a Strategic Cooperation Agreement with Beijing City of Design Development via their Chinese joint venture, Boyu Artificial Intelligence Technology. The partnership will concentrate on joint research and development, commercialization across high-growth verticals, and incubation of next-generation service-robotics solutions. “This partnership significantly enhances our ability to integrate cutting-edge AI with practical robotic solutions,” said Matt Casella, President of Richtech Robotics. “By joining forces, we aim to accelerate the development and deployment of technologies that improve service experiences and streamline operations across key industries such as hospitality, healthcare, and retail.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RR:
- Richtech Robotics to feature ADAM robot at Legacy of Launch event
- Richtech Robotics’ AI-driven robot ADAM surpasses 16,000 drinks served
- Richtech announces preliminary inclusion in US small-cap Russell 2000 Index
- Richtech Robotics Inc. Launches $100M ATM Offering
- Richtech Robotics expands capabilities of AI-powered barista robot ADAM