Found in Robotics News & Content, with a score of 8.44
…human-like appearance and exciting capabilities. Companies such as Tesla, Toyota Research Institute, and Hanson Robotics have seen investments in developing the robots that have generated the buzz. The investment environment is also changing While the robotics space has been relatively healthy, we've seen reports on there being fewer early-stage investments, as well as some consolidation. Is that normal? Sharma: Any disruptive technology can undergo stages of development which are likely to impact the investment in the area. Robotics is a field where the initial investments required are very high which increases the risk. While VCs have invested heavily in the…
Found in Robotics News & Content, with a score of 8.08
…published November 3, 2017, Car and Driver magazine revealed, “Toyota is uneasy about the handoff between automated systems and drivers.” In its online declaration titled “Looking Further,” American carmaker Ford said, “[By] 2021 … [the] vehicle will operate without a steering wheel, gas pedal, or brake pedal within geofenced areas as part of a ride-sharing or ride-hailing experience. By doing this, the vehicle will be classified as a SAE Level 4 capable-vehicle.” However, last month Ford CEO Jim Hackett publicly acknowledged that the vehicle’s application will be limited because autonomous driving is more complex than the industry anticipated. Part of…