Richtech Robotics' stock soared 27.95% intraday on Tuesday following the announcement of a strategic collaboration with Microsoft.
The company revealed a hands-on engineering partnership with Microsoft's AI Co-Innovation Labs to jointly develop and deploy agentic artificial intelligence capabilities in real-world robotic systems. The collaboration focuses on enhancing Richtech's ADAM robot with adaptive intelligence powered by Microsoft's Azure AI, adding layers of context awareness that allow the robot to incorporate real-time signals and respond more naturally in operational environments.
This partnership demonstrates how agentic AI can be applied across various physical settings including retail, logistics, hospitality, and manufacturing, potentially improving operational visibility and service quality without requiring extensive new hardware investments from Richtech Robotics.
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