Word: androbot
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...Androbot, a San Jose, Calif., company, planned to go public in June largely on the reputation of its chief backer, Atari Founder Nolan Bushnell, and some 4-ft-high rolling robots exhibited at trade shows. Even though the company was less than 18 months old and had lost money on each of the 400 robots it had sold, Merrill Lynch valued the initial public offering at $73 million. Eventually the company and its bankers decided to postpone the issue...
...most enduring dreams: the personal robot, programmed to do its master's bidding. Inside its molded skull a kind of sassy intelligence seems to be at work. "What strange-looking creatures," it intones nasally in the direction of some gawking visitors at its home base, Androbot, Inc., in Sunnyvale, Calif. "Where are your wheels...
Bushnell, who started the successful Chuck E. Cheese's Pizza Time Theater fast-food chain, is no stranger to the merchandising of fantasy: he created Pong, the first commercial video game, and founded Atari. He has invested more than $1 million in Androbot and packed BOB with three times the calculating power of an IBM Personal Computer. This provides the robot with an enormous potential for processing information, storing it in its memory and performing preprogrammed tasks. Some observers think Bushnell's entrepreneurial instincts are on target again. "Personal robots are the next hot thing in technology," predicts...
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