Alphabet launches new robotics software company Intrinsic

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Alphabet's new company is a robotics software firm named Intrinsic. The segment comes out of X, Alphabet's 'moonshots' division.

its latest venture Friday, a robotics software company called "Intrinsic." The segment comes out of X, its "moonshots" division.

Two robots use perception, force control, and multi-robot planning to assemble a simple piece of furniture Alphabet's X launched about a decade ago with the hopes that it can use new technologies to solve global problems. The so-called moonshot factory has developed a handful of projects so far, including delivery drones and internet balloons. Many of those projects have failed, but Alphabet's self-driving car unit Waymo may be the most promising.

Alphabet's hope has been to use X as an incubator to build a new area of growth for the company outside its core digital advertising business at Google. But X and the rest of Alphabet's companies have yet to find a big, new moneymaker.

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