Eric Trump-backed Foundation partners with AMD to develop humanoid robots
Skip to main content Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv - Eric Trump-backed Foundation Future Industries said on Thursday it is partnering with AMD (AMD.O), opens new tab to use its chips to co-...
Key takeaways
- The most recent week of humanoid‑robot news (July 13‑20, 2026) saw Hyundai move to acquire SoftBank’s remaining stake in Boston Dynamics, while China’s WAIC 2026 unveiled the AgiBot A3 Ultra full‑size humanoid, the X2 Edu education platform, the G2 Max industrial robot and the OmniHand 3 Ultra‑M hand, and Unitree displayed its 2.7‑metre transformable GD01; Unitree’s Shanghai STAR‑Market IPO remains unpriced as of July 20.
- At the same time, Hyundai’s Atlas robot completed a high‑visibility activation during the FIFA World Cup final, and Yaskawa and SoftBank demonstrated a vision‑language‑action system that enables a MOTOMAN NEXT robot to handle irregular wire‑harness packing.
- Chinese manufacturers continue to push thousands of humanoids into logistics and factories to collect training data, widening the deployment gap with the United States.
- A new robot‑fighting league launched by EngineAI is staging full‑size humanoids in a ring, and the industry’s commercial focus is shifting from hardware specs to AI intelligence, with U.S. players such as NVIDIA, Google DeepMind and OpenAI building an ecosystem of large‑language, vision‑language‑action and physical‑AI platforms.
- TrendForce’s July 20 analysis highlights this U.S.–China divergence, noting that China leads in volume (Unitree shipped over 5,500 units in 2025) while the U.S. leverages generative‑AI advances.
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Exclusive news, data and analytics for financial market professionals Learn more about Refinitiv
- Eric Trump-backed Foundation Future Industries said on Thursday it is partnering with AMD (AMD.O), opens new tab to use its chips to co-develop autonomous humanoid robots for military and industrial use.
The son of U.S. President Donald Trump has been an investor in the start-up since early this year and serves as chief strategy advisor, the company said.
The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. The start-up, founded in 2024, said it has deployed its Phantom MK-1 robots to contribute in building more than 24,000 cars in 2025.
In October, the company will open a factory capable of building 5,000 Phantom robots annually, with plans to start building another facility early next year with an annual capacity of 50,000 robots, CEO Sankaet Pathak told Reuters.
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Each industrial-use robots, leased to customers, cost about $100,000 per year, Pathak said.
On the defense side, the company is developing robots for materials handling and reconnaissance, which are sold to the government at $300,000 a unit, he added.
Reporting by Aishwarya Jain in Bengaluru; Editing by Vijay Kishore
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