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Sarcos Technology and Robotics Corporation has announced that it is pivoting its business to focus on the larger, near-term opportunity of its robotic artificial intelligence (AI) and machine learning (ML) software platform. The software platform is designed to reduce robotic training times and make industrial robots more agile, allowing them to perform more tasks with greater variability. The company believes that its AI software platform offers the greatest risk-adjusted revenue opportunity for the company in the near- and mid-term.
