Found in Robotics News & Content, with a score of 12.60
…Pension Plan Investment Board, Fidelity Management & Research Company, Magna International, Mubadala Investment Company, Perry Creek Capital, and Silver Lake participated in Waymo's latest round. In addition, funds and accounts advised by T. Rowe Price Associates Inc., Temasek, and Tiger Global invested in the company. Other companies that have obtained billions in investment include Uber, Didi Chuxing, Tesla, and Cruise. The global market for autonomous vehicles will experience a 64.5% compound annual growth rate (CAGR) between 2020 and 2027, said Precedence Research. Similarly, Grand View Research predicted a 63.1% CAGR, from about 6,700 units in 2020. “Experience has taught us…
Found in Robotics News & Content, with a score of 13.23
…many people as possible take advantage of these accelerated work and apprenticeship programs.” Over 40 leading companies, including Dana, Magna, Tyson Foods and Flex-N-Gate, have agreed to support and participate in apprenticeships for automation technologies, ensuring that their employees receive adequate training and are qualified to succeed. Further information can be found here.
Found in Robotics News & Content, with a score of 9.62
…committee and Oakland County Michigan Works! Event sponsors include Magna International, Lawrence Technological University, Kelly Services, FCA – Fiat Chrysler Automobiles, Automation Alley, Wenzel and Oakland Community College. Nationally, the U.S. manufacturing sector supports more than 18.5 million jobs, according to the National Institute of Standards and Technology (NIST). The manufacturing sector accounts for 12% of the U.S. gross domestic product annually, according to NIST data. Southfield-based automotive supplier Comau is hosting students at three locations in Oakland County. Mark Bologna, head of manufacturing at Comau-NAFTA, said the increase in automation and digital factories has made it critical to have…