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Kawasaki Heavy seeks 200 billion via new shares and convertible bonds: sources

The Japan Times

Kawasaki Heavy Industries is collaborating with companies including Nvidia to integrate AI and robotics, and last month announced a development hub in Silicon Valley. Kawasaki Heavy Industries is finalizing plans to raise about ¥200 billion ($1.23 billion) by issuing new shares and convertible bonds to fund capital expenditure, according to two sources familiar with the matter. The company will decide on the details of the issuance as soon as this week, the sources said. The shares and convertible bonds will be sold mainly to overseas institutional investors, one of the sources said. The plan to raise funds has not been reported earlier. Kawasaki Heavy said in a statement that it is considering various capital strategies including issuing new shares and bonds but that nothing has been decided.


Fox News AI Newsletter: Nvidia announces plans to make AI supercomputers in US

FOX News

Tech expert Kurt Knutsson discusses how robots can milk, feed and clean cows on dairy farms, boosting efficiency and comfort. Jensen Huang, co-founder and CEO of Nvidia Corp., gives a talk in Taipei, Taiwan. MADE IN AMERICA: Nvidia on Monday announced plans to manufacture its artificial intelligence supercomputers entirely in the U.S. for the first time. RIDEABLE 4-LEGGED ROOT: Kawasaki Heavy Industries has introduced something that feels straight out of a video game: CORLEO, a hydrogen-powered, four-legged robot prototype designed to be ridden by humans. JOB-KILLER ROBOT: This semi-humanoid robot combines advanced manipulation capabilities with intelligent delivery features, making it a significant innovation in the service robotics sector.


4-legged hydrogen-powered robot you can actually ride

FOX News

Kawasaki's CORLEO is a hydrogen-powered, AI-driven rideable robot. Kawasaki Heavy Industries has introduced something that feels straight out of a video game: CORLEO, a hydrogen-powered, four-legged robot prototype designed to be ridden by humans. Unveiled at the Osaka-Kansai Expo 2025, this futuristic machine is built to handle rugged terrain with ease, combining cutting-edge robotics and sustainable energy. Let's take a closer look at what makes CORLEO so cutting-edge. GET SECURITY ALERTS & EXPERT TECH TIPS – SIGN UP FOR KURT'S'THE CYBERGUY REPORT' NOW Instead of wheels, it has four robotic legs that move independently, allowing it to handle uneven ground like rocks, grass and steep inclines.