Found in Robotics Companies & Businesses, with a score of 18.46
January 11, 2022
Verity AG's team includes Kiva Systems (now Amazon Robotics) founders and ETH Zurich engineers, systems specialists, and data scientists. It also has dedicated professionals representing more than 20 nationalities, a variety of advanced degrees, and experience from innovative companies. The company claimed that it has designed, built, and deployed the world’s first fully automated inventory tracking system powered by self-flying drones.
Found in Robotics News & Content, with a score of 18.39
June 26, 2020
Amazon Acquires Zoox Amazon has taken its boldest step yet into self-driving vehicles, acquiring six-year-old start-up Zoox, the company announced today. Amazon said the deal will help bring Zoox’s “vision of autonomous ride-hailing to reality.” Zoox will continue to operate as a standalone business within Amazon, with CEO Aicha Evans and Jesse Levinson, the company’s co-founder and CTO, continuing to lead the team, Amazon said. “Zoox is working to imagine, invent, and design a world-class autonomous ride-hailing experience,” said Jeff Wilke, Amazon’s CEO, Worldwide Consumer. “Like Amazon, Zoox is passionate about innovation and about its customers, and we're excited to…
Found in Robotics News & Content, with a score of 18.28
August 01, 2017
Amazon has announced the results of its 2017 Amazon Robotics Challenge with winners hailing from Australia, the U.S., and Singapore. The Australian Centre for Robotic Vision succeed in the Grand Championship Combined Task to win the overall Challenge with Nanyang Technological University of Singapore winning the Pick Task and MIT Princeton winning the Stow Task. The Australian Centre for Robotic Vision developed their own Cartesian robot “Cartman” for the challenge. Theirs was the only Cartesian robot at the event, and it is believed to be the least expensive contestant as well. Cartman can move along three axes at right angles…
Found in Robotics News & Content, with a score of 18.10
October 04, 2016
…chain stakeholders, when it comes to global e-commerce bellwether Amazon, continues to be just how far it will spread its wings in terms of expanding its logistics and supply chain operations and processes. Regardless of what people say or think, there are very real signs that Amazon is not going to sit on the sidelines and let logistics come to them, as, conversely, in many cases, it is really coming to logistics. Two quick examples of this include its 2012 $775 million acquisition of Kiva Systems, a developer of mobile-robotic solutions that automate e-Commerce order fulfillment and warehouse operations, and…
Found in Robotics News & Content, with a score of 17.89
November 11, 2022
…at its robotics manufacturing facility yesterday in Westborough, Mass., Amazon.com Inc. announced Sparrow, its new robotic arm designed to complete product-handling tasks. “Sparrow is the first robotic system in our warehouses that can detect, select, and handle individual products in our inventory,” the company said in a blog post. “Sparrow represents a major advancement in the state-of-the-art technology of industrial robotics. Leveraging computer vision and artificial intelligence (AI), Sparrow can recognize and handle millions of items.” An Amazon spokesperson told TechCrunch the robot can recognize about 65% of the company’s product inventory and takes advantage of sensors to identify the…
Found in Robotics News & Content, with a score of 17.88
February 09, 2018
As reported by The Verge, Amazon will finally launch its shipping service for businesses in Los Angeles in the “coming weeks,” according to a new report from The Wall Street Journal. The service, dubbed Shipping with Amazon or SWA, will directly compete with companies like United Parcel Service Inc. and Fed Ex Corp. However, it will be initially restricted to companies selling goods on Amazon’s own marketplace. No doubt executives at companies FedEx (NYSE: FDX) and UPS (NYSE: UPS) are no doubt waking up to frantic phone calls about what their industry might look like in five years. Read: Amazon's…
Found in Robotics News & Content, with a score of 17.79
October 07, 2022
…as part of an internal organizational program called DRIVE. Amazon.com Inc. also announced this week that it is scaling back its own robot delivery service. “Although robotics and automation are key pillars of our innovation strategy, Roxo did not meet necessary near-term value requirements for DRIVE,” Krishnasam wrote. “Although we are ending the research and development efforts, Roxo served a valuable purpose: to rapidly advance our understanding and use of robotic technology.” In an e-mailed statement to Robotics 24/7, a FedEx representative confirmed that the company is stepping back from the program as it focuses on “several nearer-term opportunities.” Memphis,…
Found in Robotics News & Content, with a score of 16.83
January 06, 2023
…navigate their homes. The company has teamed up with Amazon for one of its demos and has placed an Amazon Echo Show 10 on top of its Labrador Retriever robot to showcase its ability to be integrated with other technologies. “On its own, the Echo Show 10 is an HD smart display with the Alexa. The device can rotate toward a person when they say the wake word (“Alexa”), helping the screen stay in view as they move around the room,” the company said in a press release. “When combined with the Retriever, this enables a new degree of freedom…
Found in Robotics News & Content, with a score of 16.80
April 24, 2017
…are also doubling down on creating autonomous vehicles. Now Amazon could be eyeing driverless car technology as a way to get items to people's doors faster, according to a new report from the Wall Street Journal. “Amazon.com Inc. has created a team focused on driverless-vehicle technology to help navigate the retail giant’s role in the shake-up of transportation, according to people briefed on the matter.” The initiative, still in its early phases, could help the Seattle-based company overcome one of its biggest logistical complications and costs: delivering packages quickly. Amazon could use autonomous vehicles including trucks, forklifts and drones to…
Found in Robotics News & Content, with a score of 16.47
May 09, 2021
Last week, local news outlets reported new Amazon.com Inc. distribution and fulfillment centers in Shreveport, La., and Savannah, Ga. The Seattle-based company has continued to open such facilities across the U.S. as e-commerce demand rises, and it said that each one will employ about 1,000 people. In addition, Amazon's centers will include robots from its Amazon Robotics unit in North Reading, Mass. Last year, Amazon had more than 185 fulfillment centers across the U.S., according to CNBC. Louisiana Gov. John Bel Edwards said that construction of the $200 million, 650,000-sq.-ft. Shreveport center, the first one in his state, will begin…
Found in Robotics News & Content, with a score of 16.38
December 18, 2016
Business Insider’s scoop on Amazon creating an Uber for Trucking app isn’t a surprise. LogTech venture capital investments have been growing rapidly these past years, as recently reported by CB Insights. What’s more, Alibaba founder Jack Ma announced earlier this year that the Chinese giant would invest nearly $16 billion dollars in logistics over the 5 to 8 years, while a Chinese logistics provider in which it invested $256 million dollars is contemplating an IPO. To top it off, Uber’s own Uber for Trucking app was soft launched just weeks ago. The takeaway is clear - companies that have focused…
Found in Robotics News & Content, with a score of 15.75
June 22, 2021
According to several news sources, Amazon.com Inc. is in talks to buy a stake in artificial intelligence truck-driving startup Plus and has placed an order for 1,000 autonomous driving systems. The deal would give Amazon the right to buy preferred shares of Plus via a warrant at a price of $0.46647 per share, an anonymous source told Bloomberg. That would amount to a 20% stake based on the company's shares outstanding before its planned merger with special purpose acquisition company (SPAC) Hennessy Capital Investment Corp. V. A filing with the U.S. Securities and Exchange Commission confirmed Bloomberg’s report. Plus said…
