TechNexus Venture Collaborative

06/04/2026 | Press release | Distributed by Public on 06/04/2026 12:18

Physical AI Is Here. The Midwest Is Ready.

Physical AI Is Here. The Midwest Is Ready.

TechNexus Venture Collaborative and Wells Fargo bring together tech leaders to discuss the real-world deployment of robotics and Physical AI across Chicago's heavy industries.

For years, physical AI has lived mostly in labs and pitch decks. That's changing - and the reason comes down to a simple shift: the foundational technology largely exists. The missing piece is deployment. Across warehouses, construction sites, manufacturing floors and logistics networks, the question is no longer whether robots and intelligent machines can do the work. It's whether the industries that need them most are ready to commit. That is where Chicago enters the conversation with a distinct advantage. This is a city - and a broader Midwest corridor - built around the exact sectors physical AI is designed to transform. The companies here are not passive observers waiting for Silicon Valley to hand them a solution. They are operators running fleets of robots, managing millions of square feet of industrial real estate, and building the heavy equipment that moves the physical world. They understand the problem from the inside. That combination of industrial density, domain expertise and institutional scale is the foundation for making physical AI actually work. At Chicago at Work: Robotics & Physical AI in Industry , an event hosted by TechNexus Venture Collaborative and Wells Fargo on June 2, moderators Fred Hoch and John Huber guided two separate conversations with eight panelists who detailed their perspectives on this emerging space. The first panel focused on bringing physical AI technologies from the lab environment to the capital markets. Panelists included Hyde Park Angels Managing Partner Pete Wilkins, Nine Four Ventures General Partner Kurt Ramirez, Jump Capital Partner Jason Felger, and Northwestern University Professor Ryan Truby. The second panel centered around the physical AI buyers who are operating the future. Panelists included CAT Digital Director of Artificial Intelligence Digital Product Management Charlie Wood, Locus Robotics Chief Strategy Officer Gina Chung, Prologis Vice President of Property Management Vince Zuppa, and GS Futures Man

By Alex Chen at TechNexus Venture Collaborative

TechNexus Venture Collaborative published this content on June 04, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 04, 2026 at 18:18 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]