Serve Robotics Inc. - Common Stock (SERV)

The future of robotics and autonomous technology was unveiled at CES 2025, where Nvidia CEO Jensen Huang introduced ‘Cosmos,’ a groundbreaking suite of AI models designed to generate realistic simulations of the physical world, enhancing robot training for complex tasks. Nvidia Corp. (NASDAQNVDA) also introduced Project Digits, a $3,000 personal AI supercomputer capable of running … Continue reading "AI and Robotics Take Center Stage at CES 2025 with Nvidia ‘Cosmos’ AI Models"

EQNX::TICKER_START (NASDAQPRZO),NASDAQ:NUKKNASDAQNUKK)(NYSE:KULRNYSEKULR,(NYSE:SYNXNYSE),(NASDAQ:SERVSERV) EQNX::TICKER_END

PALM BEACH, Fla., Jan. 07, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A commercial drone is defined as a quadcopter, octocopter, or hexacopter used for commercial purposes rather than personal and recreational use. Commercial drones operate in the same way that personal drones do. They are outfitted with flight control computers and sensors to hover and perform programmed movements. Commercial drones can do more than hover or fly back and forth. They are equipped with high-definition thermal cameras that allow the pilots to see what the drone sees in real-time. Furthermore, some drones can stay in the air for hours and fly hundreds of feet. Drones are deployed for various tasks, including filming and emergency response. Due to their capacity to survey the property, offer ongoing and accurate project alerts, increase safety, and prevent hazardous accidents on construction sites, these devices are also in high demand in the real estate and construction sectors. Drone business use cases have expanded significantly over the past few years. Designing, evaluating, and upgrading solutions for diverse markets is an ongoing task for market participants like drone producers and software providers. A recent report by Straits Research said that the global commercial drone market size was valued at USD 29.91 billion in 2024 and is expected to reach from USD 33.96 billion in 2025 to USD 93.78 billion by 2033, growing at a CAGR of 13.54% during the forecast period (2025–2033). Active Companies in the markets today include ParaZero Technologies Ltd. (NASDAQPRZO), Nukkleus, Inc. NASDAQ: NUKKNASDAQNUKK)(NYSE: KULRNYSEKULR, Silynxcom Ltd. (NYSE: SYNXNYSE), Serve Robotics Inc. (NASDAQ: SERVSERV).

EQNX::TICKER_START (NASDAQJFBR),NASDAQ:SERVNASDAQSERV)(NASDAQ:SYMNASDAQSYM,(NASDAQ:MBOTNASDAQ),(NYSE:MDTMDT) EQNX::TICKER_END

PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Innovations in robotics technology, including artificial intelligence, machine learning, and sensor technology, are enhancing the capabilities of medical robots. These advancements enable more precise surgical procedures, improved rehabilitation processes, and efficient hospital logistics, thus attracting more healthcare facilities to adopt robotic solutions. The market is characterized by a moderate level of merger and acquisition (M&A) activity by the leading players. This is due to several factors, including the desire to expand the business to cater to the growing demand for medical service robots. A report from Grand View Research said that the global medical service robots market size was estimated at USD 20.59 billion in 2024 and is projected to grow at a CAGR of 16.5% from 2025 to 2030. It said: “The growth can be attributed to the introduction of technologically advanced robotic equipment in the healthcare sector and the rise in per capita healthcare spending. Continuous advancements in technology, such as robotic catheter control systems (CCS), data recorders, data analytics, remote navigation, motion sensors, 3D-Imaging, and HD surgical microscopic cameras, are projected to drive industry growth. Furthermore, the introduction of swarm robotics is opening new opportunities for industry. It is a new approach to coordinating multi-robotic systems through swarm intelligence.” Active Tech Companies in the markets today include Jeffs' Brands Ltd (NASDAQJFBR), Serve Robotics Inc. NASDAQ: SERVNASDAQSERV)(NASDAQ: SYMNASDAQSYM, Microbot Medical Inc. (NASDAQ: MBOTNASDAQ), Medtronic plc (NYSE: MDTMDT).

AI chip giant Nvidia is aiming to bring “physical AI” into hospitals, envisioning a future where robots handle tasks like X-rays, linen delivery, and patient monitoring. Through a number of strategic investments and partnerships in digital health and biotech, Nvidia is integrating AI into healthcare, blending physical robots with digital health solutions. According to Nvidia’s … Continue reading "Nvidia’s AI Robots Are Soon Heading to a Hospital Near You"

Equities had a mixed week, but the tech-heavy NASDAQ powered to an all-time high; big tech earnings and key economic reports could bring more volatility

Serve Robotics has seen a massive increase in share price since NVIDIA revealed their investment in the tiny company, but is it justified?

Serve Robotics (NASDAQSERV), a leading autonomous sidewalk delivery company, announced the August 28, 2024, closing of a securities purchase agreement expected to raise approximately $20.0 million in gross proceeds. The transaction included a private placement and a warrant exercise, each with a single institutional investor. According to the announcement, the private placement involved the purchase of pre-funded warrants to purchase 555,555 shares of the company’s common stock, together with a warrant to purchase up to an aggregate of 555,555 shares of common stock at an exercise price of $10.00 per unit. Each pre-funded warrant was sold at a purchase price of $9.00.

NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $20.0 Million Private Placement & Warrant Exercise for Serve Robotics Inc. (NASDAQSERV).

Serve Robotics had a decent quarter, but strength is not expected to last; mounting losses and the threat of dilution are expected to last.

The AI robot market is set for a massive surge, fueled by recent advancements in generative AI and the expanding Robots-as-a-Service (RaaS) model, according to a new report from Citibank. As outlined in the report, generative AI is transforming how robots operate, enabling them to execute tasks more intelligently, communicate seamlessly with humans, and accelerate … Continue reading "The Future of AI Robotics: Generative AI and RaaS Poised for Rapid Growth"

Markets are in rally mode fueled by sector rotation and interest rate hopes, that rally may continue as earnings season kicks into high gear next week

Serve Robotics (NASDAQSERV), a leading autonomous sidewalk delivery company, recently announced the closing of a private placement with a single institutional investor. The transaction included the purchase and sale of pre-funded warrants to purchase 2,500,000 shares of the company’s common stock at a purchase price of $6.00 per unit along with warrants to purchase up to an aggregate of 2,500,000 shares of common stock at an exercise price of $6.00 per unit. The offering closed on July 24, 2024, raising approximately $15.0 million in gross proceeds before deductions. Aegis Capital Corp. acted as the exclusive placement agent for the offering.

On Friday, Serve Robotics' stock surged 187% on remarkable trading volume after NVIDIA disclosed its stake in the company.

Serve Robotics (NASDAQSERV), a leading autonomous sidewalk delivery company, recently announced the closing of its underwritten public offering. The offering comprised 10,000,000 shares of common stock at $4.00 per unit, resulting in aggregate gross proceeds of $40 million, before deductions. In addition, Serve granted Aegis Capital Corp., the sole book-running manager, a 45-day option to purchase up to 1,500,000 additional shares of common stock to cover over-allotments. If Aegis exercises the option in full, the total gross proceeds of the offering would be approximately $46 million before deductions. Serve plans to use the net proceeds from the offering to fund research and development of the next generations of Serve’s robots, manufacturing activities, geographic expansion, and for working capital and other general corporate purposes. According to the announcement, Serve’s shares began trading on the Nasdaq Capital Market under the ticker symbol SERV and will no longer trade on the OTCQB(R) Venture Market.