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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Palantir Co-Founder Joe Lonsdale Backs Bedrock Robotics To Automate Construction — Union Leader Calls It 'Misguided'

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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.

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