Amnon Shashua

For example, take computer vision and apply it maybe to security areas and cameras and so forth.

But we never found something that really clicked.

found something that has significant moats, that has a significant term.

And humanoids is becoming that click, is becoming this area where you can grow.

Well, we see the go to market in two phases.

The first phase is structured environments.

like warehouses, assembly plants, retail, where the number of tasks are finite, are also understood in advance what are the tasks that the customer is interested.

A customer will buy a fleet of robots, not just one robot, and you can customize per customer.

That, I think,

based on POCs that the mentee has been doing.

If you look at the demonstrations that have been showing, like robots picking boxes, moving them from place to place.

Sell a robot, either sell or lease a robot.

We believe that the manufacturing cost in a reasonable volume of tens of thousands of robots would be $20,000.

So this gives a lot of flexibility in a business model.

So this is phase one.

We believe it will start in 2028.

Phase two is unstructured environments like home use.

That is much more complicated because the tasks are open-ended.

You need to continuously learn.

So it's not that you can prepare yourself to all the possible tasks in a home use.