Investing & Building in Real-World Al | Robotics, Automation & Industrial Systems | Engineer Turned Investor-Operator | Backed 35 Companies That Raised $1B+

San Francisco, CA
Joined July 2016
Bogdan Cristei retweeted
🚨 BREAKING: Minerva Humanoids (@mnv_humanoids) has just emerged from stealth with $10M in pre-seed funding led by @generalcatalyst. It's building humanoid robots for the world's most dangerous jobs. Oil and gas. Explosive ordnance disposal. Hazardous material response. ☢️ Every 75 minutes, an energy worker somewhere in the world is killed on the job. That's roughly 7,000 deaths a year. NATO consistently identifies EOD and hazmat response teams as the highest-risk segment in every unit, relying on decades-old wheeled, single-arm robots that simply lack the dexterity for complex tasks. Minerva's answer is Roger, a purpose-built semi-autonomous humanoid that puts the specialist's judgment and hands on the task while keeping their body in a command post far from the danger. Founded by CEO Sandor Felber and CTO Maurice Rahme, with first paid pilots launching this fall. The investor lineup is strong with General Catalyst, @LongJourneyVC, @CredoVentures, MVP Ventures, and many other cool funds! I am proud to be among the angel investors in this round! 😇 Having spent more than 2 years deploying robots in the energy and oil & gas sector, I know firsthand how real this problem is, and how hard it is to solve. Minerva is going after exactly the right market, with exactly the right approach. This is the kind of company robotics was always supposed to build! 🛢️ 🔗 Read more here: finance.yahoo.com/technology… ~~   ♻️ Join the weekly robotics newsletter, and never miss any news → ziegler.substack.com
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Bogdan Cristei retweeted
“请Dario看到视频后把我列入Claude白名单,别封我” 歌曲名:“Claude is Safe!” 歌词、视频预处理:GPT-6-Astra 作曲:Suno V6 图像生成:GPT-Image-2.5 视频模型:Seedance2.5 参考视频:Michael Jackson - “Dangerous World Tour”
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Bogdan Cristei retweeted
An AI agent can buy something in seconds. Can the business receiving that order tell who sent it, what it can do, or whether to let it through? We built @beltichq to answer that. We're out of stealth with $8.8M raised to make agent traffic verifiable.
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New report with @AnthropicAI: What work can robots do today? We find that robots extend AI exposure far beyond digital work. Over 80% of working hours in the US are exposed to robots or LLMs, but robots are cost-competitive for just 0.3%. If robot price declines follow past trends, it will take 40 years to reach 10%. 1/6
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Bogdan Cristei retweeted
We're hosting a small event to discuss the latest advances in AI and biology this Friday evening, featuring @arcinstitute researchers and others. Apply if interested! forms.gle/1fh1GpHrimqu1HkEA
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Bogdan Cristei retweeted
Replying to @poezhao0605
you're welcome to review this comparison primer I put together with @ruima when Liang Wenfeng's original "fourfold" comments leaked during fundraising nitter.cf/rydcunningham/status/2…
[new!] the technical companion to my piece with @ruima last week, significantly expanded now includes training time estimates for Kimi K3 and "DeepMythos V5," a hypothetical future Mythos-scale DS release plus a few other surprises
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Bogdan Cristei retweeted
Data center lead times getting beyond control As shared by Cushman & Wakefield / Hyundai Securities, it’s not down to GPUs or even memory. - Copper, aluminum: ~4–10 weeks - Most HVAC / chillers: ~15–30 weeks - UPS, LV/MV switchgear: ~35–60 weeks - Generators: up to ~100 weeks - Pad-mounted transformers: up to ~115 weeks One can construct building faster than getting the transformer that powers it. #DataCenters #AIInfrastructure #SupplyChain
데이터센터 주요 자재 및 장비 리드타임
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🤖 Should robots be generalists or specialists? At #IROS2026, @Ken_Goldberg & @andrea_bajcsy moderated one of the best debates in robotics. Matt Mason opened with a better question: “Should animals be humans?” 10 takeaways 🧵👇 1️⃣ @HarryXu12, for generalists: “Don’t build Excel. Build GPT.” We don’t know what we’ll need tomorrow, so buy generality just in case — and amortize it. The twist: GPT didn’t replace Excel. It learned to drive it. 2️⃣ @GeorgiaChal split “general” into 4 axes: Body. Scene. Contact. Task. “Breadth and reliability are measured per axis. One does not imply the other.” Her prediction: “The next task is the test.” 3️⃣ The most honest number of the day, from Georgia’s slides: A general model calling robot tools. Coarse block placement: 19/20 ✅ Precision insertion: 2/20 ❌ “Coarse pick and place works. Physical composition and precise contact not yet.” Tool use ≠ dexterity. 4️⃣ @KaterinaFragiadaki’s architecture: The generalist writes the curriculum. The specialist does the reps. Video → sim → RL on subgoals → specialist policies. No teleop. At deployment: “Fast specialists for the common case. Flexible generalists for the long tail.” 5️⃣ Specialist bench: “Fixture and conveyor are part of the intelligence.” A fixture is a prior. A conveyor is a scheduler. Strip them to look “general” and you’ve moved work onto a pricier learned controller. Optionality that hurts reliability isn’t intelligence. It’s cost. 6️⃣ A surgical robot doing one procedure 10,000 times learns exactly what can go wrong. “Generality is the enemy of certification.” From the floor: Are human drivers generalists or specialists? We certify generalists one task at a time. That’s what a license is. 7️⃣ Toshio Fukuda changed the register: “NON-AI matters.” Kizuki: help offered before it’s asked for. “Awareness comes from the body, not from the model.” Japan: ~29% aged 65+, ~570k care workers short by 2040. “If people live to 120, must our machines last that long?” 8️⃣ The floor fight: “A human is a generalist.” “We’re all human specialists.” The room accidentally re-derived pretrain-then-finetune. Veterans argued from what has shipped. Newcomers argued from what has scaled. Both are data. 9️⃣ The title asked for a side. The slides drew a stack: General planning + recovery on top. Fast, certifiable specialists below. A verifier is a fixture made of code. 🔟 The real question: How thick can the middle get before the body must specialize anyway? Generalist or specialist? Maybe the winning architecture is neither. It’s a stack. #IROS2026 #Robotics #PhysicalAI #RobotLearning #WorldModels
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Bogdan Cristei retweeted
a full humanoid robot used to cost more than a car. berkeley just made one for under $5k. berkeley humanoid lite changes everything: > modular, 3d-printed gearboxes > off-the-shelf hobby parts > cad, firmware, and the full rl training stack included a five-figure parts order becomes a weekend of printing. that’s the difference between reading about humanoid robots and having one on your bench. 100% open-source.
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Bogdan Cristei retweeted
This is why RAM is so expensive.
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Bogdan Cristei retweeted
Researchers mathematically proved that LLM hallucinations can never be fixed. It is Impossible. They modeled Large Language Models as Probabilistic Turing Machines. They tested them against the absolute boundaries of computer science: incomputability, information theory, and diagonalization. The result is absolute. If a model relies entirely on its own internal parameters, hallucination is mathematically inevitable. You cannot train it away. You cannot scale it away. It is a hard limit of mathematics. But the researchers found an escape route. They call it the "Oracle Escape". In computer science, an oracle machine is a theoretical system capable of bypassing its own limits by querying an external source of absolute truth. The researchers proved that the only way to break the hallucination barrier is Retrieval-Augmented Generation (RAG), giving the AI access to search the outside world in real time. RAG isn't just a clever hack to give an AI a memory boost. Mathematically, it acts as an "oracle machine". It forces a "computational jump" that allows the AI to escape its own inevitable delusions. The paper ends with a brutal new rule for AI safety: Computational Class Alignment. You must strictly match the complexity of a task to the actual compute architecture of the system. If you ask a closed system to do an open-world task, it won't just fail. It is mathematically guaranteed to lie to you.
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Bogdan Cristei retweeted
👀 Interesting data from @tickerplus. Acc to this data, Anthropic's ARR seems to have flatlined around the time when the token index peaked. Many people questioned (rightly) at the time the inferential value of our token index for frontier labs due to the incomplete coverage. We had argued that the token index was likely a leading indicator for where AI usage was headed.
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Bogdan Cristei retweeted
Earlier this year @Lux_Capital pre-empted our Series D and we were excited to lean in and raise $250m! In 2014, I was raising for my first co, Lux was the only VC that invited me to a full IC... but passed because it wasn't ambitious though Thankfully space drug factories is :)
Today, we’re announcing Varda’s $250M Series D raise, bringing the total amount of capital raised to $598 million with a $1.6B valuation. This funding will help us build more vehicles, grow pharmaceutical partnerships, and advance toward the first medicine manufactured in space for patients on Earth.
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System 1 might be optional. Diffusion has no future. Humanoid control is 80% solved. 🌶️ 10 hot takes from the room at IROS 2026: 1️⃣ GPT-6 Astra is strong. It actually follows instructions, and that makes everything underneath it stronger. 2️⃣ Once a task is automated, it's just another function call. You may not need System 1 at all; call it only when needed. System 2 reasoning is already strong enough. 3️⃣ Some scenarios don't need a VLA or a world action model (WAM). Code-as-policy works. For dexterous hands: agent as a policy. 4️⃣ Guanya: LLMs like Astra are tools for doing robotics. Human imagination needs pretraining, and a pretrained LLM won't beat manual idea generation. 5️⃣ Design for zero-shot from day one. Zero-shot, start to finish. 6️⃣ Against in-context learning? Zero-shot from a foundation model right out of the gate? Even mapo tofu is fine-tuning. 7️⃣ Teleop can't do micro-motions like snapping a cookie. Vision sees no difference; the fingers make all the difference. Only RL gets you there, and probably not pure vision-based. 8️⃣ Humanoid control is 80% solved. The rest falls soon. 9️⃣ Workspace model, diffusion: no future. 🔟 The hand race: Sharpa wants to do it all. Wuji builds hands. Reasoning is moving up into frontier models, code and function calls. The unsolved part is moving down to the fingertips: contact, RL, beyond pure vision. Which take ages worst? 👇 #Robotics #EmbodiedAI #IROS2026 #HumanoidRobots #DexterousManipulation
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Bogdan Cristei retweeted
We are releasing Dyna-2.1, the first Physical Agent that achieves reliable super long-horizon whole-body autonomy. It combines our brand-new semi-humanoid hardware with an agentic system built around Dyna-2 to handle ultra-long real-world workflows. Here is an uncut footage of Dyna-2.1 completing an entire hour-long laundry room workflow, just like a human does.
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Bogdan Cristei retweeted
Netflix replaced their 15 years old recommendation algorithm with an LLM. It’s called "GenRec" and it completely changes how recommendation algorithms are built. For over a decade, the Netflix recommendation engine was a masterclass in feature engineering. Data scientists built thousands of complex, handcrafted features to figure out what you wanted to watch next. It required bespoke architectures. Massive infrastructure. Constant manual tuning. Netflix threw all of it away. They built GenRec, an LLM-backed ranker. Instead of translating your behavior into complex math, they just turn your watch history and metadata into a natural language sentence. They feed that raw text into a foundation LLM. The AI simply reads your behavior like a story, understands your evolving tastes, and scores the entire catalog in a single forward pass. No manual feature engineering. No complex bespoke architectures. Here is the part that should terrify traditional data scientists. This text-based LLM didn't just match the highly tuned production system Netflix spent years perfecting. It beat it. And it achieved those statistically significant gains using roughly 40x fewer labeled training examples. We are watching a massive paradigm shift in real time. The most complex predictive algorithms in the world are being replaced by models that just know how to read. If Netflix can replace their core product engine with an LLM, what complex system in your business is about to become obsolete?
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Bogdan Cristei retweeted
Deleted Muse after seeing this post on Threads about how it told some Facebook Marketplace sellers the guy’s address and they showed up at his door Dangerous and creepy This would have been 1000x worse if the person was a woman
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Bogdan Cristei retweeted
Researchers proved AI has deleted every reason universities exist. Harvard University ran a controlled experiment pitting a custom AI against their own top-tier classrooms. And the results are going to collapse the higher education bubble. They took 194 undergraduates and split them up. One group learned physics in one of Harvard’s best hands-on, active-learning physical classrooms. Group work. Instructor support. The premium university experience. The other group went home and learned the exact same material with an AI tutor. The AI didn't just win. It embarrassed the institution. Students using the AI learned more than twice as much as the students in the elite Harvard classroom. They scored 30% higher on the final assessment. And they did it in less time. Let that sink in. A piece of software sitting on a laptop outperformed a world-class faculty in one of the most elite learning environments on Earth. Universities have always justified their exorbitant tuition with two things: access to elite knowledge and the physical classroom experience. This study just proved both of those moats are gone. When software can teach you complex physics twice as well as a $60,000-a-year institution, the math of higher education breaks permanently. The AI didn't just give the students answers. It used strict pedagogical guardrails. It guided. It questioned. It forced the students to do the cognitive work. It offered perfect, one-to-one tutoring, personalized to the exact moment a student misunderstood a concept. That level of attention is mathematically impossible to scale in a physical lecture hall. For a thousand years, the university was the only place to get a premium education. Now, it’s the bottleneck. If AI can double your learning speed for a fraction of the cost, what exactly are students taking on decades of debt to pay for?
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Bogdan Cristei retweeted
🚨 BREAKING: @Cognex_Corp is acquiring @RealSenseai for $500 million! 💰 439 days ago, RealSense spun out of Intel as an independent company. Their CEO Nadav Orbach signed a lease, moved into offices in Cupertino, Beijing and Haifa, and put the team to work. The results in under 15 months: → 3x quarterly revenue → 2 quarters of profitability → 6x return on capital to investors → $500M value created → 50%+ revenue growth in 2026 alone, expected to hit $ 80-90M this year From Intel spinout to $500M acquisition in 439 days. That is an EPIC execution story! Cognex, the 40-year global leader in industrial machine vision, is paying that price because it sees what RealSense has built: the visual cortex of Physical AI. Depth cameras and 3D perception systems deployed across humanoids, AMRs, quadrupeds, industrial arms and autonomous systems worldwide. The robotic perception market sits at $600M today. It's projected to grow 25%+ annually to $1.6 billion by 2030. Cognex just bought its way into the fastest-growing segment of that market. Combined, the two companies offer a full-stack visual intelligence platform, from industrial ID and 2D machine vision all the way through to 3D depth perception and robotic navigation. If robots need eyes to act intelligently in the physical world, Cognex and RealSense just became the company that provides them. Congrats team! ❤️ ~~ ♻️ Join the weekly robotics newsletter, and never miss any news → ziegler.substack.com
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