Circus SE (XETRA: CA1), a global leader in Physical AI applications, has announced its plans to acquire FullyAI, one of Europe’s foremost providers of Agentic AI. This acquisition aims to further enhance Circus’s position at the forefront of the AI industry, particularly in creating more sophisticated AI agents. These AI agents represent a new frontier in artificial intelligence, evolving beyond generative AI models such as ChatGPT or LLaMA by acting autonomously and completing tasks independently in real-world environments.
- The Rise of AI Agents and Their Impact:
- AI agents are the next major development in the AI field, surpassing generative models in their ability to perceive, decide, and act autonomously.
- Unlike generative AI models that focus on data analysis and forecasting, AI agents can carry out tasks independently, providing significant advancements in real-world applications.
- Circus SE’s Strategic Acquisition of FullyAI:
- The acquisition of FullyAI strengthens Circus’s portfolio by integrating Agentic AI technology into its CA-1 robot, further enhancing its ability to interact with humans and perform complex tasks autonomously.
- FullyAI’s technologies enable intuitive navigation of users through complex service processes, offering a new dimension to human-AI interactions in various industries, especially in sectors like food service.
- Enhancing Human-AI Interactions with FullyAI Integration:
- The integration of FullyAI will create a more seamless and effective interface between humans and autonomous robots, elevating interaction levels previously unattainable.
- This integration supports physical AI solutions that can be deployed across labor-intensive industries, enabling a wider range of tasks to be handled autonomously.
- Circus SE’s Commitment to Innovation and Global Expansion:
- The acquisition aligns with Circus’s ongoing global expansion, including the global series production of the CA-1 robot and the pre-order of 8,600 units, which could generate annual sales of €1.1 billion.
- The integration of FullyAI technology into Circus’s products is expected to boost software and AI revenues, supporting continued growth and leadership in the AI space.
- Statements from Leadership:
- Nikolas Bullwinkel, CEO of Circus SE, emphasized the synergy between FullyAI’s technology and Circus’s Physical AI solutions, aiming to revolutionize human-AI interaction.
- Minh Dao, CEO of FullyAI, highlighted the goal of expanding human capabilities through AI, stating that the integration aims to ensure AI serves humans more effectively.
The planned acquisition of FullyAI by Circus SE is a significant step in advancing the human-AI interaction frontier. By combining FullyAI’s autonomous AI agent technology with its innovative CA-1 robot, Circus is poised to revolutionize labor-intensive industries and expand its global footprint. The acquisition also strengthens Circus’s focus on increasing recurring software and AI revenues, further establishing the company as a leader in AI-powered solutions.
