Mind Robotics Gets More Money

Introduction

Mind Robotics makes smart robots for factories. The company got more money to build these robots.

Main Body

Mind Robotics got $400 million from new investors. Now, the company has more than $1 billion. Many big companies like Volkswagen and Salesforce gave them money. The company is now worth $3.4 billion. Mind Robotics uses AI to teach robots. They use Rivian factories to test the robots. The robots learn how to work like people in a factory. RJ Scaringe started the company. He thought other companies were not good enough. He wanted robots that can do hard work well.

Conclusion

Mind Robotics has a lot of money now. They want to put AI robots in many factories.

Learning

💡 The 'Action' Word (Past vs. Present)

In this story, we see two ways of talking about time. This is the secret to moving from A1 to A2.

1. Things that happened (Past) When the story talks about the money or the start of the company, the words change:

  • Get →\rightarrow Got (Mind Robotics got money)
  • Think →\rightarrow Thought (He thought other companies were not good)
  • Start →\rightarrow Started (RJ started the company)

2. Things that are true now (Present) When the story talks about what the robots do every day, the words stay simple:

  • Make (Mind Robotics makes robots)
  • Use (They use AI)
  • Want (They want to put robots in factories)

Quick Tip: The 'S' Rule Notice that when we talk about the company (it), we add an -s to the action:

  • The company makes... ✓\checkmark
  • The company uses... ✓\checkmark

Vocabulary Learning

company (n.)
a business that sells goods or services
Example:The company sells cars.
money (n.)
currency used to buy things
Example:She saved money for a trip.
smart (adj.)
having intelligence or good design
Example:He wore a smart jacket.
robot (n.)
a machine that can do tasks automatically
Example:The robot cleaned the floor.
factory (n.)
a place where goods are made
Example:The factory produces toys.
investor (n.)
a person who gives money to a business
Example:The investor bought shares.
worth (adj.)
having value
Example:The painting is worth a lot.
teach (v.)
to give knowledge or instruction
Example:She will teach the class.
test (v.)
to try something to see if it works
Example:They will test the new app.
learn (v.)
to acquire knowledge or a skill
Example:He will learn to swim.