Helm.ai says it has signed $70 million in contracts for its physical AI models

Helm.ai, based in Redwood City, California, has booked $70 million in commercial contracts over the past 12 months with carmakers, Tier 1 suppliers and industrial automation firms. Its foundation models handle perception for Level 2 to 4 driving, mining, construction and robots, and the company says it is now heading toward break-even.

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