Posco invests W7b in robotics firm Brils

Posco Group is stepping up its artificial intelligence transformation with a 7 billion won (4.6 million) investment in robotics engineering firm Brils, a specialist in automation system design. The investment comprises 5 billion won from Posco Holdings’ strategic fund and 2 billion won from its corporate venture capital arm. Through the deal, the group aims to combine its manufacturing expertise with Brils’ capabilities in robotics planning and control.