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OpenMind Attracts $20 Million for FABRIC: A Decentralized Robotics OS

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by Giorgi Kostiuk

2 hours ago


OpenMind, a robotics and AI startup, has successfully raised $20 million to develop its project FABRIC — an open-source decentralized robotics OS.

What is FABRIC?

FABRIC is an open-source platform designed specifically for robots, enabling them to communicate and collaborate. It serves as a universal language and framework for diverse robotic systems.

Why is a Decentralized OS Important for AI Robotics?

Decentralization is critical because traditional robot systems are centralized, posing risks. A decentralized robotics OS provides:

* Improved security against cyberattacks. * Global scalability without bottlenecks. * Interoperability among different types of robots, fostering collaboration. * Enhanced control over data generated by robots.

OpenMind Funding: A Catalyst for Innovation in Robotics

The $20 million investment from Pantera Capital and other investors indicates confidence in the future of robotics and AI. This funding will accelerate the development of FABRIC, opening new possibilities for robot coordination and interaction.

OpenMind's $20 million investment marks a significant step towards the future of robot communication. FABRIC aims to transform how robots interact and coordinate, potentially ushering in a new era of automation.

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