
What You Should Know
- Rice Robotics and Floki are preparing to launch the Minibot M1, an AI companion robot that operates on the RICE AI platform.
- Floki is enhancing its blockchain initiatives by tokenizing both its brand and AI data marketplace via TokenFi, a sister project focused on the tokenization of physical assets, with backing from the Floki community.
- The AI robotics industry is anticipated to expand significantly, with projected growth from $22 billion to $100 billion by 2030, making Rice Robotics well-positioned for growth.
Rice Robotics and the dog-themed project Floki will soon introduce the Minibot M1, an AI-powered companion robot integrated into the RICE AI platform. Floki is assisting Rice Robotics in its blockchain initiative that involves tokenizing its brand and data marketplace via TokenFi, with community support behind them.
“The AI robotics market size is currently worth an estimated $22 billion and is projected to reach $100 billion by 2030, and we believe Rice Robotics is well-positioned for growth in this high-potential industry,” according to the Floki team via Telegram.
Notable Clients
RICE AI collaborates with prominent clients including Nvidia, Softbank, Dubai Future Foundation, Mitsui Fudosan, NTT Japan, and 7-Eleven, and has secured over $7 million in pre-Series A funding earlier this year from investors including Alibaba Entrepreneurs Fund, Soul Capital, and Audacy Ventures.
RICE AI aims to enhance robot intelligence by developing a system that allows robots across the globe to acquire and share high-quality training data autonomously, thereby increasing their practicality in real-world applications.
FLOKI’s prices have surged 16% in the past 24 hours in tandem with a market-wide uplift.