Posco Group invests W7 billion in robotics firm Brils for AI transformation

Posco invests W7b in robotics firm Brils

Posco Group is stepping up its artificial intelligence transformation with a 7 billion won ($4.6 million) investment in robotics engineering firm Brils, a specialist in automation system design. The investment comprises 5 billion won from Posco Holdings’ strategic fund and 2 billion won from its corporate venture capital arm. Through the deal, the group aims to combine its manufacturing expertise with Brils’ capabilities in robotics planning and control. Founded in 2015, Brils is a domestic syst

By The Korea Herald