
Palantir Technologies Inc. (NASDAQ:PLTR) co-founder Joe Lonsdale is backing Bedrock Robotics, a construction automation startup that emerged from stealth this week to bring autonomous heavy machinery to the $2 trillion U.S. construction industry.
Why It Matters: Bedrock, founded by three former Waymo leaders including CEO Boris Sofman, aims to deploy AI-powered equipment capable of operating 24/7 without human intervention. The company represents Lonsdale’s latest investment in transforming traditional industries through advanced technology.