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The Robot Report

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Arrive AI obtains $40M for autonomous deliveries to smart mailboxes

  • Arrive AI Inc. raised $40 million in funding for its autonomous delivery network focused on smart mailboxes.
  • The company's last-mile platform enables secure and efficient delivery using drones, ground robots, or human couriers.
  • Arrive AI combines AI and autonomous technology to facilitate smooth exchange of goods and integrates with smart home devices.
  • The funding was provided by Streeterville Capital LLC, and Arrive AI debuted on Nasdaq under the ticker symbol 'ARAI.'

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