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Meta buys robotic startup to bolster its humanoid AI ambitions

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Meta has acquired humanoid robotics startup Assured Robot Intelligence for an undisclosed sum, the social media giant said.

“We acquired Assured Robot Intelligence, a company at the frontier of robotic intelligence designed to enable robots to understand, predict, and adapt to human behaviors in complex and dynamic environments,” a Meta spokesperson told TechCrunch in an emailed statement.

ARI’s team, including its co-founders, will join Meta’s AI unit, the Superintelligence Labs research division. ARI had raised an undisclosed seed round from AI seed firm Aix Ventures.

The startup was building foundation models for humanoid robots to perform all types of physical labor such as household chores. Co-founder Xiaolong Wang was previously a researcher at Nvidia, and an associate professor at UC San Diego, with a list of prestigious awards to his name. Co-founder Lerrel Pinto, who previously taught at NYU and co-founded the kid-size humanoid startup Fauna Robotics before Amazon snapped it up last month, has also won a string of prestigious awards.

ARI will help Meta with its humanoid ambitions. “This team, led by Lerrel Pinto and Xiaolong Wang, will bring a deep expertise in how we can design our models and frontier capabilities for robot control and self-learning to whole-body humanoid control.”

Meta researchers have been working on humanoid robotics tech for years. A leaked memo from a year ago discussed Meta’s ambitions to build such a robot, including AI models and hardware, aimed at consumers.

Even if Meta never releases a consumer humanoid product, many AI experts these days believe that the path to artificial general intelligence (AGI) — the theoretical point at which AI reaches or surpasses human-level intelligence across all domains — will require training AI models in the physical world, where robots learn through direct interaction rather than data alone.

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The ARI and Fauna deals reflect a broader industry sprint — one where forecasts vary wildly, from Goldman Sachs’s projection of $38 billion by 2035 to Morgan Stanley’s estimate of $5 trillion by 2050 — a spread that reflects both the enormous potential and the uncertainty around tech that’s still finding its footing.

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Kunle Ahmed Celebrates 55 Years of NIA, Honours Past Leaders

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BY NKECHI NAECHE-ESEZOBOR—The Chairman of the Nigerian Insurers Association (NIA), Kunle Ahmed, has paid tribute to past leaders of the association, describing their contributions as the foundation of the industry’s growth over the past 55 years.

Ahmed made this known in his welcome address at the 2026 NIA Awards and Recognition Ceremony held on Thursday, April 30, 2026, where key stakeholders across Nigeria’s insurance sector gathered to celebrate excellence and service.

The event was attended by the Commissioner for Insurance, veteran industry figures, heads of key insurance-related bodies, chief executive officers of insurance firms, members of the NIA Governing Council, and other distinguished guests.

Welcoming participants, Ahmed expressed delight at the presence of former leaders of the association, noting that the ceremony also served as an opportunity to reflect on the organisation’s long-standing journey and achievements.

He commended past chairmen and council members for their selfless service, highlighting that their leadership came without financial reward but laid a solid groundwork for the association’s continued progress.

According to him, their decisions during challenging periods helped preserve professionalism, integrity, and stability within the industry, thereby strengthening confidence in the Nigerian insurance sector.

Ahmed disclosed that he had continued to seek guidance from some of the association’s past leaders since assuming office, adding that their counsel had influenced key decisions and reinforced his respect for their service.

He also revealed that the Governing Council had approved a proposal to institutionalise the recognition of former leaders, making it a recurring feature of the association’s programmes at intervals yet to be determined.

Reaffirming the association’s role as the unified voice of the insurance industry, Ahmed noted that the NIA has, over the decades, driven professionalism, innovation, and collaboration among stakeholders while contributing to national development.

While acknowledging progress made in the sector, he said there was still room for improvement, stressing the need for continued unity, resilience, and strategic vision to advance the industry further.

He further encouraged past leaders to document their experiences in published works, noting that such records would serve as valuable references for future decision-making and extend their influence beyond the insurance sector.

Ahmed concluded by welcoming guests to the ceremony, describing the event as a celebration of excellence, service, and legacy, while urging stakeholders to build on the foundation laid by industry pioneers.

The ceremony feature 56 awardees including the Commissioner for insurance,National Insurance Commission, NAICOM, Mr. Olusegun Ayo Omosehin.

The post Kunle Ahmed Celebrates 55 Years of NIA, Honours Past Leaders appeared first on Business Today NG.

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Coatue has a plan to buy up land for data centers, possibly for Anthropic

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Coatue, one of the biggest names in venture capital and hedge funds, has a new plan to generate bigger returns on AI beyond its sizable stakes in Anthropic, OpenAI, xAI, and data center companies like Singapore’s DayOne and CoreWeave.

It has launched a venture called Next Frontier to buy up land near large power sources with the goal of turning those parcels into data centers, the Wall Street Journal reports. Sources tell the WSJ that Next Frontier has already signed a joint venture with Fluidstack, a cloud infrastructure startup that penned a $50 billion deal to build data centers for Anthropic. (Coatue did not respond to a request for comment.)

Although the U.S. already has 3,000 data centers, more than 1,500 new ones are in various stages of being built, according to Pew Research, most of them in rural areas. The frenzy is enticing land speculation and data center financing projects from lots of players, ranging from Blackstone to Kevin O’Leary from “Shark Tank.”

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