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Eric Trump-backed Foundation partners with AMD to develop humanoid robots
['Aishwarya Jain', 'Min Read']
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By Aishwarya JainJuly 23 (Reuters) - Eric Trump-backed Foundation Future Industries said on Thursday it is partnering with AMD 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.
Eric Trump and his brother, Donald Trump Jr., have also backed Israeli drone-maker XTEND, Unusual Machines and Powerus.
Under the deal, whose value was not disclosed, Foundation plans to use AMD Ryzen AI Embedded X100 Series processors — introduced by the chipmaker in January this year — to build the second version of its robot, Phantom MK-2.
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.