United States Steel and leading robotics and AI studio Carnegie Foundry announced a strategic investment and partnership. The two Pittsburgh based companies will work to accelerate and scale industrial automation driven by advanced robotics and AI. As part of this strategic relationship, US Steel Corporation will join Oshkosh Corporation, both anchor investors, on the Carnegie Foundry Board of Directors. Terms of the deal were not disclosed.Carnegie Foundry will use this investment to accelerate venture opportunities,- commercializing and scaling its industrial automation portfolio of robotics and AI technologies in advanced manufacturing, automated warehouses and supply chains, industrial robotics, integrated systems, autonomous mobility, voice analytics and more.Carnegie Foundry, through its relationship with the world leader in autonomous robotics the National Robotics Engineering Center at Carnegie Mellon University - combines expertise from decades of applied R&D work in autonomy with highly strategic, corporate venture capital partners like US Steel to bring multi-use technology solutions to market.
United States Steel and leading robotics and AI studio Carnegie Foundry announced a strategic investment and partnership. The two Pittsburgh based companies will work to accelerate and scale industrial automation driven by advanced robotics and AI. As part of this strategic relationship, US Steel Corporation will join Oshkosh Corporation, both anchor investors, on the Carnegie Foundry Board of Directors. Terms of the deal were not disclosed.Carnegie Foundry will use this investment to accelerate venture opportunities,- commercializing and scaling its industrial automation portfolio of robotics and AI technologies in advanced manufacturing, automated warehouses and supply chains, industrial robotics, integrated systems, autonomous mobility, voice analytics and more.Carnegie Foundry, through its relationship with the world leader in autonomous robotics the National Robotics Engineering Center at Carnegie Mellon University - combines expertise from decades of applied R&D work in autonomy with highly strategic, corporate venture capital partners like US Steel to bring multi-use technology solutions to market.