Melior Motion's planetary gearboxes are used in industrial robots with medium to high payload capacities. Schaeffler Group, an automotive and industrial supplier, signed an agreement to acquire all shares of Melior Motion for an undisclosed amount. With the acquisition of Melior Motion, Schaeffler adds more powerful gearboxes for higher payloads to its portfolio. The acquisition strengthens Schaeffler's robotics portfolio. The company began expanding its robotics presence in 2017 when it brought a strain-wave gearbox for use in a collaborative robot to production.

When it comes to manufacturing new lightweight, yet strong components for new passenger jets, scientists are treating the process like trying to brew the most delicious cup of coffee. By using artificial intelligence (AI) and machine learning, researchers at the U.S. Department of Energy's (DOE) Argonne National Laboratory are intelligently and automatically selecting the perfect settings for a different kind of hot brew -- the process of friction stir welding, a common ingredient needed to manufacture airplane components. In a new collaboration with GE Research, Edison Welding Institute and GKN Aerospace, Argonne computer scientists are putting the power of the laboratory's automated machine learning expertise and supercomputers to use. By reducing the number of costly experiments and time-consuming simulations with a new machine learning approach, they can generate accurate models that provide valuable information about the welding process in much less time and at a fraction of the cost. This approach, called DeepHyper, is a scalable automated machine learning package developed by Argonne computational scientist Prasanna Balaprakash and his colleagues at Argonne.

Under the leadership of the Fraunhofer Institutes for Intelligent Analysis and Information Systems (IAIS) and for Integrated Circuits (IIS), the OpenGPT-X project is starting with the goal of developing a large AI language model for Europe. Particular attention is being paid to data protection as well as European language diversity. "International competitors have already recognized the enormous disruptive potential of AI language technologies for business, industry and society. A European AI language model like OpenGPT-X is therefore imperative to ensure Europe's digital sovereignty and market independence," says Dr. Nicolas Flores-Herr, head of the project at Fraunhofer IAIS. Due to the high technical requirements, such as computing power, such powerful language models can so far only be implemented by large companies or consortia.

The Morning Download delivers daily insights and news on business technology from the CIO Journal team. Meta, which announced the news in a blog post Monday, said its research team currently is using the supercomputer to train AI models in natural-language processing and computer vision for research. The aim is to boost capabilities to one day train models with more than a trillion parameters on data sets as large as an exabyte, which is roughly equivalent to 36,000 years of high-quality video. "The experiences we're building for the metaverse require enormous compute power…and RSC will enable new AI models that can learn from trillions of examples, understand hundreds of languages, and more," Meta CEO Mark Zuckerberg said in a statement provided to The Wall Street Journal. By mid-summer, when the AI Research SuperCluster is fully built, it will house some 16,000 GPUs, becoming the fastest AI supercomputer in the world, Meta said.

With a large market to tap into, providing AR experiences can be a competitive edge in many industries. The improving technology also stands to allow for greater efficiency in the workplace. Experts at MobiDev looked at some of the augmented reality trends driving innovation in 2022. Mobile augmented reality has many clear advantages that make it the center of much of the technology's attention. Mobile devices, by their nature, are very portable and easy to bring into nearly any space.

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Surgalign Holdings has announced that it has received US Food and Drug Administration (FDA) 510(k) clearance for its HOLO Portal surgical guidance system for use within lumbar spine procedures. According to Surgalign, the HOLO Portal system is the world's first artificial intelligence (AI)-driven augmented reality (AR) guidance system for spine and the first clinical application of Surgalign's HOLO AI digital health platform. Terry Rich, president and chief executive officer of Surgalign, said: "Receiving the initial clearance for the HOLO Portal system is a significant milestone and represents a critical step toward building the foundation of the digital surgery of the future. This system is designed to improve patient outcomes by delivering intelligent solutions to our customers, and we believe it is truly revolutionary. "With clearance in hand for our guidance application, our near-term focus is getting the platform into the hands of surgeons as we work towards a market release.

Wipro Limited a leading global information technology, consulting and business process services company, announced that it has been recognised by the Top Employers Institute as a top employer in Europe. This was Wipro's first year applying for certification in Europe, which saw it placed fifth out of over 1,800 companies from around the world. Additionally, Wipro secured the certification in France (ranked 2nd in market), Switzerland (3rd), the Netherlands (4th), Germany (5th), and the UK (5th), with scores of over 95% in each region. Wipro performed well in most categories but significantly outperformed the benchmark in the Career, Work Environment, Diversity & Inclusion and Digital HR categories. The Top Employers Institute, established 30 years ago reviews submissions across several key HR practices including People Strategy, Work Environment, Talent Acquisition, Learning and Development, Wellbeing and Diversity and Inclusion.

According to a new market research report, "Artificial Intelligence in Accounting Market by Component, Deployment Mode, Technology, Enterprise Size, Application (Automated Bookkeeping, Fraud and Risk Management, and Invoice Classification and Approvals), and Region - Global Forecast to 2024", published by MarketsandMarkets, the global the Artificial Intelligence (AI) in Accounting Market is expected to grow from USD 666 million in 2019 to USD 4,791 million by 2024, at a Compound Annual Growth Rate (CAGR) of 48.4% during the forecast period. The major factors driving the growth of AI in accounting market include the growing need to automate accounting processes and the need for enhanced data-based advisory and decision making. The AI in accounting market has been segmented based on components into 2 categories: solutions and services. The solutions segment is estimated to hold a larger market size, which is driven by the ease of integrating pre-built solutions with existing accounting infrastructure. The growing number of innovations and partnerships in the accounting sector and the focus on automating repetitive accounting processes to enhance efficiency, are also the factors contributing to the adoption.

SHELBY TOWNSHIP, MI / ACCESSWIRE / January 18, 2022 / Resgreen Group International (OTC PINK:RGGI), a leading mobile robot company, announced today the creation and implementation of its virtual showroom. RGGI is augmenting its physical demonstration facility with a virtual showroom that will allow for live presentations of PullBuddy, RGGI's flagship automated guided vehicle and signature state-of-the-art BotWay traffic control and monitoring software. Clients will be able to view RGGI's products in real time and provide them with the opportunity to interact with the engineering and sales team regarding questions and requests. "The virtual showroom has many benefits. We are extremely excited to be able to showcase our vehicles and software virtually as they perform in a real world setting within our facility. Clients will be able to pose questions to RGGI's engineering and sales teams during the live demonstration from the safety of their home or office."