Germany-based robotics firm Agile Robots reportedly plans to produce up to 2,000 humanoid robots next year through a fresh partnership with Nvidia, targeting universities and corporate research labs.

The collaboration was announced at Nvidia’s GTC conference in Berlin. Agile CEO Zhaopeng Chen told Reuters the pair are set to begin production of the Agile ONE S and ONE SN humanoid robot models by the end of 2026, expecting to manufacture between 1,000 and 2,000 units. Stanford University and ETH Zurich are among potential customers.

The Agile ONE SN, with the N standing for Nvidia to denote the chipmaker-specific configuration, combines Agile’s humanoid hardware with Nvidia’s Jetson Thor onboard computing platform and Isaac GR00T robotics AI model. It features five-fingered hands, cameras and other sensors to support dexterous manipulation and interaction with the physical environment.

Standing 1.4 metres tall and weighing around 40 kilograms, the robot is designed as a smaller alternative to full-sized humanoids. Nvidia said the robot intends to simplify the integration of hardware, simulation, training and deployment tools on a single platform, “cutting setup time from weeks to days”.

Spencer Huang, Nvidia’s product director for robotics, told Reuters the standardised configuration could save researchers two or three months of work procuring separately purchased components. “If we can bring researchers something that’s already 80% of the way there, it accelerates their development,” he said.

Nvidia said Agile’s ONE SN is scheduled to become available in early 2027, as competition intensifies among European humanoid developers.

ChatGPT moment
Alongside the partnership, the chipmaker also revealed its expanded robotics development platform, Nvidia Isaac, equipped with new tools for training and deploying AI-powered machines. The expanded platform includes Isaac OS, an open-source runtime framework, and Isaac Lab 3.0, a robot learning framework designed to train and refine robot skills. The company also introduced new reference workflows and simulation resources to speed up development.

“General-purpose robotics is advancing at extraordinary speed — the ChatGPT moment for robotics is fast approaching,” noted Jensen Huang, CEO of Nvidia, adding the platform would give developers “the models, data, simulation tools and computing systems to bring physical AI to the world’s largest industries”.

The chipmaker added European robotics players including UK-based Humanoid, French start-up Hugging Face and Swedish firm ABB Robotics are applying its technologies including Nvidia Isaac to industrial autonomous machines.

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Jio Platforms’ $3.2 billion IPO was reportedly fully subscribed within around 100 minutes of opening on Wednesday (21 October), as investors rushed to take part in India’s largest share sale.

Sources told Reuters institutional investors covered their allocated portion within 10 minutes of bidding opening, although demand from retail investors was slower. Around a third of the shares are reserved for retail buyers.

“It’s the fastest in the history of India,” a source said.

Reliance Industries’ telecoms unit is offering 270 million shares priced at between INR1,065 ($11.28) and INR1,119 apiece, with the offer closing on Friday (23 October). The IPO values the business at up to $108.3 billion and marks the first public offering from billionaire Mukesh Ambani’s Reliance conglomerate in two decades.

The company plans to use most of the IPO proceeds to repay or prepay borrowings at Reliance Jio Infocomm, its telecoms subsidiary, with the remainder earmarked for general corporate purposes, including capital expenditure.

Jio Platforms reported a profit of around $3.2 billion on revenue of $15.5 billion in the year to March.

The offering also comes despite a weak domestic equity market, after the country’s Nifty 50 benchmark index of 50 leading Indian companies slumped this year.

However, Indian wealth management firm SMIFS Limited noted “the long-term outlook for Jio Platforms Limited remains highly favourable, driven by sustained growth in India’s digital economy”.

According to the company, Jio Platforms will “benefit from rising 5G adoption, increasing smartphone penetration, accelerating broadband penetration, growing enterprise digitalisation and expanding demand for cloud and AI-enabled services”.

Jio’s telecoms business has more than 500 million subscribers, making it the world’s second largest telecoms operator in a single country after China Mobile. It disrupted India’s telecoms market after launching in 2016 with low-cost data plans, putting pressure on rivals Bharti Airtel and Vodafone Idea.

However, the company continues to face regulatory uncertainty and growing competition in satellite connectivity, as billionaire Elon Musk’s Starlink prepares to enter India’s market.

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Veon agreed a deal to acquire Uzbekistan mobile operator Perfectum for around $207 million, in a move designed to boost its spectrum holdings and accelerate 5G deployment in the country.

The group stated it had reached an agreement to buy 100% of Rubicon Wireless, which operates under the Perfectum brand. The deal includes around $93 million in existing Perfectum debt. Completion is expected by the end of the month, with regulatory approvals already secured.

The acquisition brings fresh spectrum and network infrastructure into Veon’s regional telecoms business, Beeline Uzbekistan. Perfectum holds 115MHz of spectrum across the 850MHz and 3,800MHz bands, alongside network equipment and a standalone 5G network deployed using Nokia technology.

Veon said the acquisition would increase Beeline Uzbekistan’s spectrum holdings by around 50%, giving the operator additional resources to expand network capacity and support future 5G and fixed wireless access services.

The companies also anticipate expenditure savings and improved “efficiency of future network investment” from integrating Perfectum’s network with Beeline Uzbekistan’s existing infrastructure.

The deal adds to Veon’s investments in Uzbekistan, a market of nearly 40 million people where demand for connectivity and digital services is apparently booming. The group said the combined assets would enable broader access to broadband to support mounting demand for financial services, digital applications and sovereign AI across the country.

“Uzbekistan is one of Veon’s core growth markets, and this acquisition reflects our confidence in its digital future,” noted Veon group CEO Kaan Terzioglu, adding the company aims to turn the deal into “stronger customer experiences, more efficient network investment and sustainable growth”.

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