Expands into AI and Robotics with Acquisition of Simulacra Corporation | News Direct Expands into AI and Robotics with Acquisition of Simulacra Corporation
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facebook icon linkedin icon twitter icon pinterest icon email icon Vancouver, Canada | May 02, 2024 12:03 PM Eastern Daylight Time CEO Andrew Kiguel joined Steve Darling from Proactive to unveil the company's strategic pivot towards AI and robotics, marking a significant step to position itself as a pioneer in technological innovation. recently completed the acquisition of Simulacra Corporation, a leading specialist in AI for companionship and ultra-realistic humanoid robots. These cutting-edge technologies are not only designed for interactive companionship but also find applications across entertainment, healthcare, and education sectors.

Kiguel emphasized the transformative potential of humanoid robots in various domains, including classrooms for interactive teaching experiences and healthcare settings for providing companionship and assistance to patients. has already demonstrated the practical utility of its technologies through successful projects with prominent entities like the US military and Johns Hopkins Hospital.

Moreover, is exploring novel governance applications by considering the integration of AI-enabled robots as advisors on its board. This strategic move underscores the company's commitment to leveraging AI to enhance decision-making processes while ensuring impartiality and efficiency.

With over $20 million in revenue, has solidified its position as a leader in the field of humanoid robotics, distinguishing itself from competitors such as Boston Dynamics and Tesla. The acquisition of Simulacra Corporation marks a significant milestone in's journey towards innovation and technological advancement.


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