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Teleo wants to help the robotics industry reach its ‘ChatGPT moment’

  • Teleo, a construction robotics startup, raised $16.2 million in funding through extensions to its Series A round.
  • Teleo aims to gather vast datasets in robotics, similar to ChatGPT's language models, to make game-changing leaps in the industry.
  • The company retrofits existing machinery for semi-autonomous operation and collects data to train true robotic foundation models.
  • Teleo plans to scale customer deployments, expand to new industries, and enhance its AI capabilities with the raised funds.

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