Found in Robotics News & Content, with a score of 35.54
April 15, 2023
Humanoid robots are being developed for a variety of applications, including personal assistance, entertainment, education, and healthcare. They are equipped with sensors, cameras, and other advanced technologies that allow them to interact with the environment and adapt to changes in their surroundings. The market for humanoid robots could grow from $1.6 billion (U.S.) in 2022 to $214.4 billion by 2032 at a compound annual growth rate (CAGR) of 63.2%, according to a report published by The Brainy Insights. It said the Asia-Pacific region has emerged as the largest market for such robots, with a 35.8% share of the market revenue…
Found in Robotics News & Content, with a score of 34.48
July 17, 2023
More companies are making strides toward functional humanoid robots. Figure AI Inc. today announced that Intel Capital has made a $9 million equity investment to accelerate the development of its Figure 01 “general-purpose” robot. Sunnyvale, Calif.-based Figure said the funding will also strengthen its balance sheet, help it build out a data pipeline for autonomous operations, and enable it to continue its drive toward commercialization. The company said it is designing its humanoid robot to address labor shortages and jobs that are undesirable or unsafe, as well as to support supply chains on a global scale. Figure, which has about…
Found in Robotics News & Content, with a score of 34.09
September 18, 2023
More humanoid robots are coming. Agility Robotics today announced that it is building RoboFab, a facility capable of producing more than 10,000 robots per year in Salem, Ore. The creator of the Digit bipedal robot said it began construction of the 70,000-sq.-ft. factory last year, and it expects it to open later this year. “The opening of our factory marks a pivotal moment in the history of robotics: the beginning of the mass production of commercial humanoid robots,” stated Damion Shelton, co-founder and CEO of Agility Robotics. “We built Digit to solve difficult problems in today’s workforce like injuries, burnout,…
Found in Robotics News & Content, with a score of 33.97
June 27, 2024
…robotics companies, along with discussions centered on artificial intelligence, humanoids, sustainability and scalability. Business leaders share knowledge, develop connections As part of the opening sessions of the summit, Fady Saad, general partner at Cybernetix Ventures, mentioned how the “second Industrial Revolution is happening right now.” As part of the panel discussion on “Robotics as an Investment Class,” Saad was joined by Eric Paley of the Founder Collective, Lane Bruno of Silicon Valley Bank and Udit Bhatnagar of McRock Capital. The discussion centered on investments from venture capital firms and financial institutions for robotics startups and robotics companies in search of…
Found in Robotics News & Content, with a score of 33.38
April 30, 2024
…recently announced it will exhibit its portfolio of customized humanoid robot bearings at the 2024 Robotics Summit and Expo in booth 234. The trade show will be held May 1-2 at the Boston Convention and Exhibition Center in Boston, MA. In the robotics sector, CCTY designs motion control components and assemblies for humanoid and industrial robot applications, including rod ends, spherical plain bearings, COM bearings, bushings, and roller bearings that enable articulating joints to rotate freely and smoothly. To help robot makers develop humanoid robots that emulate the mobility and flexibility of human limbs, CCTY said it designs and manufactures…
Found in Robotics News & Content, with a score of 32.96
April 09, 2021
…Shanghai-based service robotics provider said it will continue developing humanoid models for home use. Bill Huang, founder and general manager of the China Mobile Research Institute, founded CloudMinds in 2015. The company has more than 1,800 patents and claimed that it is developing an “open end-to-end cloud robot system.” CloudMinds provides service robots that use cloud computing for retail, education, healthcare, and hospitality. Its offerings include the wheeled humanoid XR-1 Service Robot, the Cloud Patrol security robot, and Cloud Pepper, a humanoid made by SoftBank Robotics. It has offered them through a robotics-as-a-service (RaaS) model. In addition, the company makes…
Found in Robotics White Papers & Archives, with a score of 31.79
March 16, 2022
…the dystopian reality of the matrix or the docile-turned-destructive humanoids of I, Robot. But in today’s reality, AI is gaining traction for less sinister reasons. The real-world application of AI is, predictably, more practical. Businesses can think of AI as a great enabler, capable of automating processes that have long been targets for automation but presented too much complexity for contemporary technology. For example, past technology could successfully automate repetitive, predictable processes in manufacturing but struggled to be effective with the variety of workflows and items found in e-commerce distribution centers. By contrast, AI can provide visual perception to identify…
Found in Robotics News & Content, with a score of 31.27
September 02, 2022
…are adaptable robots to reality? Apptronik Inc. is developing humanoid models and is watching how the rest of the robotics industry is advancing. “We're really at an exciting inflection point where robots are becoming more and more useful and expanding the number of people who can gain value,” said Jeff Cardenas, CEO of Apptronik. “They're becoming easier to use and more accessible, doing more and costing less to implement.” “Public perception is changing—COVID-19 drove a lot of that with job shortages,” he added. “Robotics is key to the future of productivity; there is no future of work without robots.” Founded…
Found in Robotics News & Content, with a score of 30.61
May 13, 2024
Humanoid robot developer Agility Robotics recently announced a partnership with systems integrator Zion Solutions Group. Through this partnership, Zion will offer Agility’s Digit bipedal humanoid mobile manipulation robot (MMR) to the supply chain industry. While many companies have turned to automation to increase warehouse efficiency and productivity, Agility said there remain a series of tasks that are difficult to automate and nearly impossible to keep filled due to high turnover, high injury rates, and an ever-growing labor gap. Agility said its humanoid robots are designed to execute exactly these types of monotonous bulk material handling and movement tasks that connect…
Found in Robotics News & Content, with a score of 29.79
August 29, 2024
…China-based embodied AI and robotics company, unveiled its first humanoid robot model, the Dr.01, at the World Robot Conference in Beijing. The robot is the startup company’s first and aims to diversify from DEEP Robotics’ prior quadrupedal robotics into the humanoid robotics space. During the five-day event, DEEP Robotics also demonstrated a series of capabilities of its embodied AI-powered quadrupedal robot. AI training drives evolution of “Intelligent Agent” Through AI and big data training, future humanoid robots are expected to assist humans in performing repetitive, high-precision tasks, safeguard personnel safety in hazardous environments, enhance human productivity in industrial settings and…
Found in Robotics News & Content, with a score of 29.65
April 22, 2024
…it has retired the hydraulic version of its Atlas humanoid robot, unveiling a fully electric robot designed for real-world applications. As part of its commercialization strategy, the robot will be tested by Hyundai, which acquired a majority stake in Boston Dynamics in June 2021, for automotive manufacturing applications. Waltham, Mass.-based Boston Dynamics said the next generation of its Atlas program builds on decades of research and furthers its commitment to delivering capable, useful mobile robots solving challenges in industry today. Small group of customers to begin testing applications Following the commercial deployment of “robot dog” Spot, and similar to its…
Found in Robotics News & Content, with a score of 29.39
September 19, 2023
Humanoid robots are especially attractive for human-machine interactions. Sphere Entertainment Co. today announced that its Aura humanoid robot will permanently reside in the grand atrium of Sphere is Las Vegas. The “spokesbot” will interact with guests and “serve as an integral part of 'The Sphere Experience' featuring Darren Aronofsky’s Postcard from Earth,” said the company. “Aura’s role at Sphere marks a truly innovative application of robots, providing guests from around the globe with an opportunity to move into the future of entertainment and interact within a new technological frontier,” said David Dibble, CEO of MSG Ventures, a division of Sphere…
