Edge AI hardware startup Axelera AI has raised more than $250 million in a funding round.

AI is transforming the field of robotics at a rapid pace," said Takayuki Ito, president of the International Federation of Robotics.

A few short months ago, almost every robot made by the hundreds of companies working on humanoid robots could charitably be described as slow, topping out at around three mph. Walking was on the edge ...