Serve Robotics opens its fleet software to other robot makers as 917 of its own robots work a typical day

Sidewalk delivery company Serve Robotics will sell the software and data behind its fleet to other robot companies, with autonomous-excavator maker Bedrock Robotics as a launch customer. Serve Physical AI Services starts with three products: Serve Link, which keeps machines connected over Wi-Fi, LTE, 5G and satellite; Serve Data Curator, which picks rare moments out of fleet data for model training; and a catalog of real-world data from its sidewalk runs. Serve says the platform already runs on thousands of vehicles across a dozen industries, including construction, mining and autonomous trucking.

Serve announced it on Nov. 5 with third-quarter results that explain why it wants the new line. Revenue was $2.84 million, up 313% from a year earlier but down from $3.24 million in the second quarter. On an average day 917 robots made deliveries, against more than 2,000 that Serve says it has deployed. Software services, the existing line closest to what it now wants to sell to others, fell to $253,000 from $933,000 the quarter before.

The $12 million guidance follows a cut from $26 million

Serve raised its 2026 revenue guidance to $12 million from $9 million to $10 million. That range was itself a cut. On May 7 Serve reaffirmed about $26 million; on Aug. 6 it lowered the figure, blaming lower-than-expected delivery volume through its Uber Eats partnership and the removal of projected demand for the second half. The forward-looking statements in the new release now refer to "the transition of the Company's Uber Eats partnership."

The fleet itself is improving. Fleet services revenue rose to $2.58 million from $2.31 million, and daily active robots rose from 792. Divided over 917 robots and the quarter's 92 days, that is about $31 of fleet revenue per working robot per day. Serve lost $59.2 million in the quarter and held $198.0 million in cash and marketable securities. Chief executive Ali Kashani said making the technology behind its fleets available to other robot makers is "a significant new opportunity for us." Serve pitches it as a toolkit for physical AI companies that would otherwise rebuild that support layer themselves.

Nine months of revenue add up to $9.06 million, so the fourth quarter needs about $2.94 million to reach $12 million. That is a little more than the third quarter and less than the second, a target the sidewalk fleet can meet without any help from the new services.