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German industrial giant Bosch announced on Wednesday that it is stepping up investment in humanoid robotics, targeting an additional one billion euros in annual revenue from the sector as its traditional automotive business continues to face competitive and pricing headwinds.

German humanoid robotics startup Neura Robotics announced on Wednesday a Series C financing round of up to $1.4 billion, marking one of the largest funding rounds for a European robotics company. The investment includes participation from Nvidia, Amazon Amazon.com, Inc.,…