LG to invest $60m in Bear Robotics.

LG, a South Korean multinational conglomerate, agreed to invest $60m in Bear Robotics, a Silicon Valley-based startup specializing in AI-driven autonomous service robots. This strategic investment is aimed at bolstering LG's portfolio for long-term growth. Upon closing the stock purchase, the company will hold the largest portion of shares in Bear Robotics on a single-shareholder basis.