Engine AI, a company focused on developing advanced humanoid robots, has raised nearly $140 million in a new funding round led by Fidelity Investments and Coatue. This significant investment will fuel the company's efforts to create more sophisticated and capable robots. Engine AI's robots are designed to perform a wide range of tasks, including physical labor, assisting with complex instructions, and navigating dynamic environments. They are building robots with advanced perception and dexterity, aiming to eventually populate the workforce and assist humans in various industries. The company emphasizes a focus on practical applications and believes their robots have the potential to significantly impact fields like manufacturing, logistics, and healthcare.

The funding comes at a time when the humanoid robot market is gaining increasing attention. Engine AI's technology differentiates itself through a combination of advanced AI, sophisticated sensor systems, and robust mechanical design. They are working on a platform that allows robots to learn and adapt to new situations, making them more versatile and useful. The goal is to create robots that are not just capable of performing specific tasks, but can also reason, plan, and problem-solve. Engine AI is targeting a future where humanoid robots are commonplace, contributing to productivity gains and improving quality of life across numerous sectors.