Eric Trump-backed Foundation Future Industries said on Thursday it is partnering with AMD to use its chips to co-develop autonomous humanoid robots for military and industrial use.
Partnership Details
The son of U.S. President Donald Trump has been an investor in the start-up since early this year and serves as chief strategy advisor, the company said. Under the deal, whose value was not disclosed, Foundation plans to use AMD Ryzen AI Embedded X100 Series processors to build the second version of its robot, Phantom MK-2.
The start-up, founded in 2024, said it has deployed its Phantom MK-1 robots to contribute in building more than 24,000 cars in 2025. In October, the company will open a factory capable of building 5,000 Phantom robots annually, with plans to start building another facility early next year with an annual capacity of 50,000 robots, CEO Sankaet Pathak told Reuters.
Each industrial-use robot, leased to customers, cost about $100,000 per year, Pathak said. On the defense side, the company is developing robots for materials handling and reconnaissance, which are sold to the government at $300,000 a unit, he added.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
