00:00Mark, I'm going to start off with the humanoid robot here. I don't know exactly what Amazon's
00:04paying for it, but if I want one of these robots, it's 50 grand, and according to your reporting,
00:09it can give me high fives, shake hands, wave, and crawl. I hope it can do more than that for
00:1450
00:14grand. Why is Amazon buying this? Well, this is one of the more advanced and friendlier or,
00:20you know, human-like humanoid robots on the market right now. It's not a mass consumer device.
00:26The $50,000 price tag is for researchers, scientists, businesses who may want to buy
00:30these things, try it out, and develop for it, believing this is going to become a major consumer
00:35product to be placed in homes and offices and what have you. But this is Amazon saying that
00:40it believes heavily in this burgeoning humanoid market, and they want to have some sort of
00:47technology here, underlying development platform, people who have expertise in humanoids. This is
00:53not for their warehouses. This is not for package deliveries. They are buying this company specifically
00:57to look at building a humanoid robot for consumers. As we all know, Amazon a few years ago launched
01:03Astro. That's a robot that can roam through your home, roam through hallways, et cetera. This is,
01:09as you explained, far more advanced. It acts like a human. It's about three and a half feet tall.
01:13It can give you high fives. It can dance. It can walk around. It can follow you.
01:17When people talk about the future of robotics, this is what they're referring to.
