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Singapore robotics firm Kabam to shut down operations
Original: kabam robotics close operations
Kabam, a Singapore-based AI security robotics company, is closing down its operations. The move means the end of the startup's work developing autonomous security robots, and it adds to a string of difficulties for robotics and AI firms in the region. The company has not been widely profiled, so details about staff numbers or reasons for the closure remain limited.
Why now: News of another AI robotics startup shutting down is drawing attention amid broader concerns about the sector's viability.
Evidence
- Singapore AI security robotics firm Kabam to shut down · Tech in Asia
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