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…Brooks Automation's Semiconductor Solutions Group. SoftBank's $2.8 billion acquisition of 40% of AutoStore is the stuff of legends. Another axis of consolidation to consider is companies that possessed technology that couldn’t stand on its own but is cool. There are some really interesting components, like perception AI to predict traffic flows from camera data. That's abstract enough that very few…
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…at Aldebaran (later acquired by SoftBank) and helped create the humanoid robots Nao and Pepper. With Miroki, Monceaux told Robotics 24/7 he is hoping to combine his years of experience and offer customers a robot that can easily navigate an environment and collaborate smartly with humans. The robots use artificial intelligence to understand prompts such as “Take all these objects…
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…Macquarie University Hospital in Sydney, Australia. The funding was led by Softbank Vision Fund, and co-led by Prosperity7 Ventures, the oversubscribed round also included investments from Tiger Global, and existing investors including Hillhouse, Sequoia China, Shangbay Capital, Uphonest Capital, Sunmed Capital, Lyfe Capital, 1955 Capital, AME cloud ventures, as well as undisclosed strategic investors.
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…visible and public example is SoftBank’s announcement that it will take Berkshire Grey private, paying $1.40 a share for the shares it does not already own. Remember that BG went public at $10 a share. I’ve had more than one venture capital firm tell me privately that it's no longer investing in robotics hardware companies. More than one robotics company…
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…sponsored by an affiliate of SoftBank Investment Advisors (SBIA), and Symbotic began publicly trading its stock. “In addition to our 168% annual revenue growth, gross margin improved and operating expenses, excluding stock-based compensation, declined sequentially,” said Tom Ernst, chief financial officer of Symbotic. “We initiated a record six system deployments during the first quarter as we continue to rapidly scale…
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…for instance, previously worked at SoftBank Robotics, where he focused on technologies for micro-fulfillment centers in the 7,500 to 10,000 square foot range. Pallets of plants are moved by conveyor into the main grow area. Source: Jeff Fusco/Getty Images for Peerless Media. Optimizing automation According to Frankert, who joined the organization two years ago, Bowery Farming realized from the outset…
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…Barcoding Jan. 2023 Berkshire Grey SoftBank Group March 2023 6 River Systems Ocado Group May 2023 Magazino Jungheinrich Aug. 2023 In March, Fast Company named OTTO Motors as one of the Most Innovative Companies for 2023. In May, Mitsubishi Electric Corp. invested an unspecified amount in Clearpath. Partners build advanced materials handling portfolio The companies said the combination of Rockwell’s…
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…part of Alphabet Inc.) and SoftBank Robotics. Already well-known for videos of its Atlas humanoid robots, Boston Dynamics has focused on commercial applications of its robots since the Hyundai acquisition. The Spot quadruped has been used for security and infrastructure inspection, and the company has developed the Stretch mobile manipulator to unload truck trailers and shipping containers. In 2021, Hyundai…
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…the NAO and Pepper humanoids. SoftBank Group previously owned Aldebaran. RobotLAB said it has deployed nearly 7,000 NAO educational robots and 600 Pepper service robots since 2009. The company has integrated NAO into K-12 schools and universities across the U.S. It is also deploying more than 150 STEM (science, technology, engineering, and mathematics) carts, which include NAO robots, to every…
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…that it is partnering with SoftBank Group on a joint venture called GreenBox to build out a network of automated, multi-tenant distribution centers (DCs). This introduced the concept of “warehouse as a service,” which is more than RaaS in that GreenBox would manage and run these automated DCs for multiple clients as a service. While many vendors see growing momentum…
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…led by OpenAI, Oracle and SoftBank – announced by U.S. President Donald Trump on January 21. On Twitter/X, users saw the release of DeepSeek as both innovative and impressive. NEWS: DeepSeek just dropped ANOTHER open-source AI model, Janus-Pro-7B. It's multimodal (can generate images) and beats OpenAI's DALL-E 3 and Stable Diffusion across GenEval and DPG-Bench benchmarks. This comes on top…
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…Nobel Laureate Myron Scholes and Softbank VC co-founder Gary Rieschel. The RoboForce development team come from institutions including Carnegie Mellon University, Michigan Robotics, Amazon Robotics, Tesla, Google, Waymo, Apple, and Microsoft. With this funding, RoboForce is preparing to deploy its RF-04 mobile manipulation robots (MMRs) this year for early customers. RoboForce will debut its technology at the Intersolar & Energy…
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…of its Robotics division to SoftBank, there’s always something going on under the company’s hood. Sustainability remains one of ABB’s key pillars in its manufacturing technologies and processes, along with the end products that its robots manufacture. How EV manufacturing changes the game for ABB robots Electric vehicles are all the rage. Thanks to global environmental initiatives, EVs are more…
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…some cases, primary deal drivers. SoftBank, Hyundai, NVIDIA, and Amazon are no longer just customers or acquirers; they’re showing up on cap tables at the seed and Series A stages. While they bring clear strategic value, they’re also reshaping term dynamics, exit pathways, and founder incentives in ways financial investors need to evaluate carefully. Together, these forces have made robotics…
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…ecosystem, including: DCVC NVIDIA Amazon SoftBank Vision Fund 2 Schaeffler Foxconn Abico Playground Global. “Churchill Capital is proud to partner with companies that are shaping the future of technology and commerce,” said Michael Klein, chairman and CEO of Churchill Capital Corp XI. “Agility is a humanoid first mover with proven technology, real-world deployments, and the trust of some of the…
Edge computing gives AI agents the processing power to turn instructions into…
Daimon-TWM world model debuts for the public
Platform helps robots adapt to complex tasks
Look beyond the headlines for the latest in humanoid robots
