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Building the Business Case for Humanoids

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This year is shaping up to be pivotal for robotics as humanoids become increasingly sophisticated, with models moving from pilot projects and lab-based demos to real world deployments.

Here, experts provide an idea for where the industry is headed over the next year, and how companies can stay ahead of the curve.

Combining Hardware and Software

For one thing, the convergence of advanced foundation models with maturing hardware is transforming robots from single-purpose machines into adaptive, general-purpose systems.

“Robotics isn’t new,” said Jan Liphardt, CEO of robotic software company OpenMind. “But what’s fundamentally different now is firstly that the hardware for universal and humanoid robots is maturing extremely quickly, meaning low cost, reliable hardware is finally here.”

At the same time, software has evolved beyond narrowly defined tasks. 

“We’ve realized that large language models can be grafted onto physical hardware and take control of it,” Liphardt said. “We now have a clear line of sight to humanoid robots that can remember, learn, navigate spaces and share skills with other robots.”

Together, falling hardware costs, rising reliability and more capable software are lending robots new levels of interactive capabilities, expanding their use cases and improving accessibility.

Related:Microsoft Launches Vision-Language-Action Model for Robots

“The idea isn’t new, the visibility is,” Liphardt adds. “The logjam has broken. We now know how to build general-purpose robots that people can connect with emotionally, that can teach, help and adapt.”

A Rise in Domestic Deployment

One of the clearest outcomes of this convergence is a renewed push into consumer environments.

While the potential of humanoid models has historically remained a much-discussed possibility, experts said 2026 is the year where designs will move from factories to homes.

“This will be the year humanoid companies pivot to consumer and at-home applications,” George Chowdhury, an analyst at ABI Research said. “Traditional OEMs with ‘physical AI’ products already have strong customer bases within logistics and manufacturing — along with developing mobile manipulator products, which are the incumbent OEMs’ answer to humanoids. These vendors already have a strong hold on commercial markets.

“More companies will jump to these markets, leveraging teleoperation to create viable products today,” he added. “This will accompany a drop in price for humanoids but will assure investors that the technology is market ready.”

Continued Testing Ahead

Tim Ensor, general manager of Intelligence Services at Cambridge Consultants, told AI Business that despite the potential, robotics still has a lot to prove as it moves from pilot projects to wider uptake.

Related:Serve Robotics Acquires Hospital Assistant Robot Company

“In 2025 there was a lot of excitement in the lab,” he said. “But by the end of the year, many realized there is still more work to be done.”

“[This year] is when leading business users will start getting to grips with these robots,” he added. “We’ll see more trials, more experimentation and more clarity about where the challenges are in delivering real value.”

Logistics and manufacturing will, he said, remain the primary testing grounds, following high-profile pilots such as Figure AI’s work with BMW. 

In this landscape, the companies best positioned to benefit will be those building both mechanical and AI platforms, while those that fail to engage with the rapid spread of technology risk falling behind.

The Risks Ahead

Despite the industry’s potential, the road to widespread adoption is not entirely clear.

Chowdhury warned that safety, privacy and technological immaturity remain major barriers. Teleoperation raises concerns about surveillance, while robotics foundation models still lack the robustness needed for widespread deployment. Integration expertise is also in short supply.

Related:AI Startup That Builds a Brain for Robots Valued at $14 Billion

He also highlighted macroeconomic exposure. 

“Humanoids and smart robots are intrinsically tied to the success of AI,” he said. “If the AI bubble bursts, robotics innovators are highly exposed.”

Regulation presents another challenge, and Ensor pointed to the tension between productivity and safety. Robots must move fast enough to justify investment but safely enough to work alongside humans.

“When we’re thinking about the latest generation of robotics, the expectation clearly is to get the most out of those technology platforms,” he said. “Businesses must decide how we get them to move quickly and do their work fast, in a way that also guarantees safety.”

For Liphardt, the challenge is ultimately societal.

“The technology question is largely solved,” he said. “The bigger question is what society does with it.”

“For the first time, we have a clear path to humanoids in homes, hospitals, schools and workplaces,” he adds. “No previous technology ever contained the possibility of doing human jobs in this way. It’s incredibly exciting, and of course, it’s also scary.”

Indeed, as robots become more capable, the industry is no longer asking whether the technology will work but how quickly businesses — and society — can adapt.

Strive ($ASST) Pays Off Semler Debt, Buys $29M In Bitcoin

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Strive, Inc. announced today that it has closed an upsized and oversubscribed follow-on offering of its Variable Rate Series A Perpetual Preferred Stock, raising $225 million amid strong institutional demand and accelerating the retirement of legacy debt from its Semler Scientific acquisition.

The Dallas-based firm said it sold 1.32 million shares of the preferred stock — known as SATA — at $90 per share, after demand exceeded $600 million. The offering was initially targeted at $150 million before being increased alongside a series of privately negotiated note exchanges.

As part of the transaction, Strive retired $110 million of the $120 million in debt assumed from Semler Scientific, including $90 million of Semler’s 4.25% convertible senior notes due 2030, which were exchanged for approximately 930,000 shares of SATA stock. 

The company also used proceeds from the offering to fully repay a $20 million loan with Coinbase Credit, leaving all of Strive’s bitcoin holdings unencumbered. 

The remaining $10 million of Semler-related debt is expected to be retired by April 2026, the company said.

This quick deleveraging comes just 11 days after Strive closed the Semler acquisition, placing the firm well ahead of its previously stated goal to retire the debt within 12 months.

“By quickly returning to a preferred equity–only amplification structure, we are matching the long-duration nature of bitcoin with long-duration financing,” said Chairman and CEO Matt Cole, adding that the company views preferred equity as the optimal mechanism for scaling bitcoin exposure.

Strive purchases $29 million in bitcoin

Strive also disclosed that it purchased an additional 333.89 bitcoin at an average price of $89,851, bringing total holdings to 13,131.82 BTC as of January 28. The company is now the tenth-largest publicly traded corporate holder of bitcoin globally.

According to Strive, its amplification ratio — calculated as total debt and preferred equity divided by the market value of bitcoin held — stands at 37.2%, with 97.7% derived from preferred equity.

The firm reported a quarter-to-date bitcoin yield of 21.17%, a metric reflecting growth in bitcoin exposure per common share.

“The successful completion of this oversubscribed SATA follow-on offering reflects robust and growing investor demand for digital credit,” said Chief Investment Officer Ben Werkman. “In just over four months, Strive has scaled from zero bitcoin to become a top-10 publicly traded holder.”

Source: Strive

Banks Fear Stablecoin “Bank Run”, Regulators See No Impact

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Banks warn that stablecoins, especially those paying yield, could pull deposits out of the banking system, but policy and finance experts say there’s little evidence of that so far.

Major US bank Standard Chartered recently estimated in a research note that increasing stablecoin adoption could drain bank deposits. The report estimates “that US bank deposits will decrease by one-third of stablecoin market cap,” which stood at $308.15 billion at time of writing, according to DeFiLlama data.

The debate has intensified as US lawmakers weigh whether to prohibit interest on stablecoin holdings under a proposed version of the crypto market structure bill, or CLARITY Act, which has been delayed by protests from inside the crypto industry despite banking sector support.

Banks argue that allowing yield-bearing stablecoins could accelerate deposit flight, while critics say the risk remains largely theoretical.

Limited evidence of deposit outflows

Aaron Klein, a senior fellow in economic studies at the policy research institution Brookings, told Cointelegraph that so far, stablecoins have primarily been used for crypto-related activities and as a store of value in non-dollar countries. “You will find little evidence that stablecoins have drained bank deposits,” he said.

Related: US bank lobby says stopping stablecoin yields a top 2026 priority

European regulators may share a similar view. A representative of the European Banking Authority (EBA) said stablecoins in the European Union are mainly treated as payment instruments within the crypto ecosystem and remain lightly used by consumers. “Because of low engagement in [or] use of stablecoins currently within the EU, we do not see current currency substitution, capital flight or dollarisation risks,” they said.

Still, Klein suggested that this is subject to change. He highlighted that what can be found are “arguments that if stablecoins take off as their supporters claim they will, then it will likely result in a drain in bank deposits.”

Klein said this would reduce capital availability, as “bank deposits support bank lending, so reduced bank deposits reduce the supply of credit available through bank-based products.”

Similarly, the EBA representative told Cointelegraph that if stablecoin use were to increase significantly, it would give rise to potential “financial stability risks from stablecoins jointly issued by EU and non‑EU entities.”

Total stablecoin market cap chart. Source: DeFiLlama

Those risks would include bank-run risk, cross-border legal frictions, regulatory arbitrage and supervisory challenges. The EBA representative said that dollarization is primarily a concern for emerging markets and that a “shift away from euro‑denominated settlement assets toward US dollar‑backed stablecoins is not foreseen in the EU.”

A representative of a major EU central banking organization had a more positive view of stablecoin-related technologies. He suggested that tokenized deposits and well-regulated euro-based stablecoins can strengthen Europe’s strategic autonomy by reducing dependence on third-country stablecoins.

Still, he noted that stablecoins may threaten financial stability due to their interconnectedness with traditional finance, but EU regulation aims to mitigate those risks, and the European Central Bank monitors relevant developments.

Related: Who gets the yield? CLARITY Act becomes fight over onchain dollars

Stablecoin proponents disagree

Colin Butler, head of markets at Mega Matrix, said banning compliant stablecoins from offering yield would sideline regulated institutions while accelerating capital migration beyond US oversight and failing to protect the US financial ecosystem.

Jeremy Allaire, CEO of the publicly listed stablecoin issuer Circle, recently said that interest payments on stablecoins do not pose a threat to banks.

Speaking on the World Economic Forum stage in Davos, Allaire said that such bank-run concerns are “totally absurd.” He said that yields “help with stickiness, they help with customer traction,” but cannot undermine monetary policy.

Earlier this month, Anthony Scaramucci, founder of asset manager SkyBridge Capital, said that banks simply “do not want the competition from the stablecoin issuers, so they’re blocking the yield.”

In January, the People’s Bank of China, the country’s central bank, allowed commercial banks to pay interest on digital yuan deposits. Scaramucci suggested that this leads to China having an advantage over the US.

“In the meantime, the Chinese are issuing yield, so what do you think the emerging countries will choose as a rail system, the one with or without yield,” he said.

Magazine: Hong Kong stablecoins in Q1, BitConnect kidnapping arrests: Asia Express