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Robotics firms grow beyond Silicon Valley as AI moves into the physical world

Robots-for-rent startup Formic opens San Francisco Bay Area factory
CEO Saman Farid welcomed community members to an opening event at Formic's new facility in Oakland, California. (Formic)
CEO Saman Farid welcomed community members to an opening event at Formic's new facility in Oakland, California. (Formic)
CoStar News
August 28, 2026 | 8:30 P.M.

A Chicago-area startup that rents robots to factories around the country has opened a factory in an old warehouse in the San Francisco Bay Area to build out its growing fleet of so-called physical AI.

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