Floki Joins Forces with Rice Robotics to Advance AI Data Tokenization and Launch Minibot M1
Rice Robotics, a prominent player in the AI and robotics sector, backed by major investors like Nvidia and Softbank, is expanding its reach through a strategic partnership with Floki, a blockchain project with a focus on innovative use cases. Together, they are set to launch the Minibot M1, an AI-powered robot designed to operate seamlessly within the RICE AI platform.
Floki’s involvement goes beyond hardware innovation, as the project also supports Rice Robotics in its push to tokenize valuable AI data. Through TokenFi, Floki aims to create a decentralized platform that facilitates the trading and monetization of AI data, empowering businesses and developers in the AI space.
“AI robotics is one of the fastest-growing industries, and we’re thrilled to be working with Rice Robotics as it leads the way in this rapidly expanding market,” a representative from Floki stated. “The industry is projected to be worth $100 billion by 2030, and we believe this partnership is a significant step toward making that vision a reality.”
Rice Robotics recently closed a $7 million pre-Series A funding round, attracting key investors such as Alibaba Entrepreneurs Fund and Soul Capital, positioning the company for aggressive expansion.
Rice Robotics’ broader ambition is to develop a decentralized network where robots can autonomously share high-quality training data, creating smarter robots that can better adapt to real-world environments. This shift could significantly enhance the capabilities of AI-driven machines.
Following the news, Floki token prices have surged by 16%, with market participants reacting positively to the growing collaboration between the two companies.