Yahoo Finance·2025-12-04 18:51Industry Overview - The adoption of artificial intelligence (AI) is increasing, primarily in software, with applications in physical sectors like automobiles and mobile devices [1] - The U.S. federal government, under President Trump's administration, is focusing on advancing robotics and manufacturing to bring production back to the United States [2] Market Projections - The global robotics market is expected to grow from approximately $22 billion today to $55.55 billion by 2032 [2] Investment Opportunities - Investors are encouraged to consider stocks in the robotics sector, particularly those related to the trend of increased government investment in robotics [3] Company Spotlight: Serve Robotics - Serve Robotics, founded in 2017 as part of Postmates, specializes in AI-powered, self-driving sidewalk delivery robots aimed at last-mile delivery services [4] - The company has a market capitalization of $878 million, with its stock down 2.4% year-to-date [5] Financial Performance - Serve Robotics reported revenues of $687,000 in Q3 2025, an increase from $642,000 in the previous year, but also saw losses per share rise to $0.40 from $0.24 [6] - Net cash used in operating activities increased to $50.6 million for the first nine months of 2025, compared to $15.3 million in the prior year, while maintaining a solid liquidity position with a cash balance of $116.8 million against short-term debt of $1.7 million [7]