Robotics Stocks Surge as OpenAI Announces Custom Sensor Development

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Jan 14, 2025

On Tuesday, U.S. robotics stocks experienced a significant surge. Richtech Robotics (RR, Financial) saw an impressive increase of over 38%, Guardforce AI (GFAI) rose more than 14%, Palladyne AI (PDYN) jumped over 20%, and Serve Robotics (SERV) climbed more than 14%.

This surge followed an announcement from Caitlin Kalinowski, the head of OpenAI's hardware division, on social media. Kalinowski revealed that OpenAI is set to develop robots equipped with custom sensors. The announcement highlighted three key positions within OpenAI's robotics team: electronic perception engineer, robotic mechanical design engineer, and technical project manager, outlining their specific responsibilities.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.