Helm.ai reports $70M in signed commercial contracts for its physical AI foundation models

Helm.ai said it signed $70 million in commercial contracts for its foundation models for physical AI over 12 months, spanning global automotive OEMs, Tier 1 suppliers, and industrial automation companies.

The Redwood City, Calif.-based company said it has projects bound for production in autonomous vehicles, mining, and construction, and that it is on a path to break even.

CEO Vladislav Voroninski said its models are trained on unsupervised "deep teaching" and are environment-agnostic.