Robots


Humanoid Robot Market Worth 3,962.5 Million USD by 2023

#artificialintelligence

Browse 64 Market Data Tables and 37 Figures spread through 133 Pages and in-depth TOC on "Humanoid Robot Market - Global Forecast to 2023" The humanoid robot market for software is expected to grow at a higher CAGR during the forecast period. As the technological advancement will lead to the growing complexity in terms of features such as AI and autonomous operations, the value of the software part in the robot will grow faster than hardware as software will assist the complex functionalities to process efficiently and accurately. The biped motion type captured a larger share of the overall humanoid robot market in 2016. The actual human-like appearance can be realized in humanoids only when the robot is capable of walking on feet like humans; owing to this, a majority of the humanoid robot manufacturers are focusing on their designs to make biped robots. The Americas accounted for the largest share of the overall humanoid robot market in 2016.


Samsung, SK Telecom develop 5G standalone equipment

ZDNet

Samsung and SK Telecom have developed a prototype 5G switchboard based on the standalone standard (SA), the companies have announced. SK Telecom said deployment of 5G SA will offer near two times faster data processing speed and reaction time compared to 5G NSA. The switchboard is modular in design and vendors can add accessory equipment for additional features, the telecommunications carrier said. Later, equipment with quantum security can be added for national defense agencies or financial institutes. If being used for self-driving cars, where data must flow without interruption, data high-pass filter modules can be added, the company said.


SoftBank touts Saudi-backed Vision Fund as driving profit spike

ZDNet

Japanese mega-conglomerate SoftBank has called out the contribution of its investment funds in helping the company increase its net income by 480 percent for its second quarter to 542 billion yen ($4.8 billion), or 605 percent for the first half to 870 billion yen. Of the 706 billion yen SoftBank reported as operating income for the three months to September 30, 392 billion was derived from its SoftBank Vision Fund and its Delta Fund. The company highlighted a 147 billion yen gain on the sale of Flipkart to Walmart earlier this year, as well as a gain of 504 billion yen as a result of increasing valuations of Nvidia and Indian hotel chain Oyo. "Investments totaling $28.1 billion to date at SoftBank Vision Fund amounted to fair value of $35.8 billion (excluding the sold investment)," SoftBank said in its results. The company said it had $91.7 billion of committed capital in the Vision Fund, $28 billion of which is from SoftBank.


The Top Funded Artificial Intelligence Startups of 2018 Analytics Insight

#artificialintelligence

Artificial intelligence (AI), in its many forms including self-driving cars, robo-advisors, mechanical baristas, and state-run facial recognition campaigns will go ahead and continue to redefine how individuals work and have their views about school, work, government, and daily life. AI startups have been marching ahead in the technology bandwagon gaining funding in a world where supergiant rounds are now quite common. The top well-funded AI startup to date, SenseTime has brought a funding in a total of $1.6 billion. Most recently, in May 2018 the company raised $620 million in a Series C round led by Tiger Global Management and Fidelity International. This round raised SenseTime's valuation to more than $4.5 billion, making it the world's most valuable artificial intelligence startup.


We're Now in the Age of AI, NVIDIA's Ian Buck Says NVIDIA Blog

#artificialintelligence

AI has broken out of the lab. It's changing how we get to work and how doctors diagnose disease. And now it promises to help prevent illnesses and speed up relief efforts after natural disasters. Kicking off the Washington edition of our GPU Technology Conference Tuesday -- our fourth such show in just over a month -- NVIDIA Vice President for Accelerated Computing Ian Buck announced a partnership between NVIDIA and Carnegie Mellon University to create AI technologies that can help during disasters. "We're now in the age of AI, where every industry will be enabled and powered by AI," Buck told an audience of more than 2,000 developers, entrepreneurs and federal employees at the start of the two-day GTC DC event.


Autonomous drone startup Airobotics raises $30 million to accelerate U.S. expansion

#artificialintelligence

Israel's Airobotics today announced it has raised a $30 million round of funding as the company continues to build out its U.S. operations. Founded in 2014, the company has developed a commercial pilotless drone that self-deploys and then returns to its base, where robotic arms handle chores like changing the battery and various components. No human intervention is needed. The drones have proven to be particularly popular with mining companies, but are targeting a wide range of industries such as utilities and warehouses. In late September, the company announced it was opening a North American headquarters in Scottsdale, Arizona to oversee its business in South America and Central America as well.


Waymo Can Finally Bring Truly Driverless Cars to California

WIRED

Waymo just became the first company allowed to test fully self-driving cars--the kind with no carbon-based beings behind the wheel--in the state of California. The outfit that started life as Google's self-driving car project has been running driver-free cars in Arizona for almost a year, where the state testing rules are far more lax than in California, and where it plans to launch a commercial robo-taxi service by the end of the year. But securing the right to do the same in its home state is still a milestone, and evidence it can win over even comparatively wary regulators to the way of the robot. To begin, the truly driverless cars will test only at up to 65 mph in the southern Bay Area, in Mountain View, Sunnyvale, Los Altos, Los Altos Hills, and Palo Alto. The company said it will inform local governments before expanding its tests any further.


Japan machine-makers avoid the caterpillar crawl

The Japan Times

Results from Fanuc Corp. and Komatsu were a mixed bag Monday. Factory-automation giant Fanuc reported an 8.4 percent drop in fiscal first-half operating income and saw its shares rise, while construction-equipment-maker Komatsu posted an 80 percent profit surge that was rewarded with a stock decline. Put that perplexing share reaction down to the topsy-turvy world of machinery-makers, where investors tend to view dismal earnings as a sign that a company is nearing the bottom, and good results as a warning that it's close to the top. The overall picture, though, is that concerns sparked by U.S. bellwether Caterpillar Inc. last week of late-cycle cost pressures and a deteriorating China outlook have been overdone, at least as far as the Japanese firms are concerned. China's faltering economy has been a key focus.


DXC Technology Opens Digital Innovation Lab in Singapore

#artificialintelligence

SINGAPORE--(BUSINESS WIRE)--Oct 25, 2018--DXC Technology (NYSE: DXC), the world's leading independent, end-to-end IT services company, today announced the opening of the DXC Digital Innovation Lab in Singapore. Developed with the support of the Singapore Economic Development Board (EDB), the DXC Digital Innovation Lab Singapore is an advanced environment for the incubation of ideas, learning and innovative technology solutions developed by data scientists and enterprise solution experts. The lab will benefit DXC employees, clients and partners, as well as the technology and business communities of Singapore, the region and beyond. The DXC Digital Innovation Lab Singapore is an extension of DXC Labs, whose goal is to ensure that DXC masters the emerging technologies it needs in order to lead clients through accelerating digital transformation. At the innovation lab, digital specialists will explore novel technologies, develop prototypes and create reference architectures for rapid business deployment.


Bright Machines raises $179 million for factory automation with robots

#artificialintelligence

Bright Machines today announced the closure of a $179 million funding round and launched out of stealth. The company aims to automate manufacturing operations in factories and make manufacturing hardware as simple as building software is today. Bright Machines was founded six months ago in part by former Autodesk interim CEO Amar Hanspal, while former lon Autodesk CEO Carl Bass sits on the company board of directors. Autodesk alum are joined by former Autodesk and Flex employees. Bright Machines operates on the belief that low-cost manufacturing in developing nations has reached its limits as more economies enter the middle class and factories encounter challenges hiring employees at the lower pay rates that have been common in the past.