Floki Collaborates with Rice Robotics, a Softbank Partner, for AI Data Tokenization

Floki Partners with Rice Robotics to Launch Tokenized AI Data Initiative

Rice Robotics, a leading player in the AI robotics space, has secured strategic backing from major organizations such as Nvidia, Softbank, Mitsui Fudosan, and NTT Japan, positioning the company at the forefront of AI-driven automation.

In a new development, Floki, the blockchain project with a dog-themed utility, has entered into a groundbreaking collaboration with Rice Robotics. Together, they will launch the Minibot M1, an innovative AI-powered robot designed to integrate seamlessly with the RICE AI platform. This partnership is set to propel the AI robotics industry forward, offering real-world applications in everyday settings.

In addition to this product launch, Floki will support Rice Robotics’ vision for tokenizing AI data through its TokenFi initiative. This new effort will enable the creation of a decentralized marketplace where valuable AI data and assets can be tokenized and traded, further establishing Floki’s role in blockchain innovation.

“The AI robotics industry is expanding rapidly, with the market expected to grow from $22 billion to $100 billion by 2030. Rice Robotics is positioned to be a leader in this space, and we are excited to contribute to its growth,” stated a Floki team member.

Rice Robotics has already gained substantial momentum, raising $7 million in a recent pre-Series A round. Investors in this round included heavyweights like the Alibaba Entrepreneurs Fund and Audacy Ventures.

Rice’s broader goal is to revolutionize the robotics sector by creating a network where robots can autonomously exchange high-quality training data, allowing for smarter and more efficient robots that can tackle real-world challenges.

In response to the partnership, Floki token prices have surged 16% over the past 24 hours, signaling strong market approval and a positive outlook for the project.