Found in Robotics News & Content, with a score of 6.55
…contractors. Last year, Lyft sold its self-driving division to Toyota, and delivery robot firm Nuro acquired self-driving trucking firm Ike. Waymo, which is owned by Google parent Alphabet, and Cruise, which spun out of General Motors, have pumped billions of dollars into self-driving car research and development. Cruise acquired Voyage in March 2021. Also this week, Magna International acquired the employees and assets of Boston-based Optimus Ride Inc. Former Local Motors executives expressed optimism, however, about the industry's potential. “As with most adventures, they must come to an end. Local Motors has closed its doors,” wrote Jeff Hollowell, senior vice…
Found in Robotics News & Content, with a score of 5.56
…secured funding from global brands including Ingram Micro and Toyota. The company has added a number of experts in commerce and robotics to its team as it prepares to go to market. HDS Global’s company directors include Craig A. Leavitt, former CEO of Kate Spade, and Sujeet Chand, chief technology officer (CTO) of Rockwell Automation. HDS Global said its advisors include Bob DiRomualdo, chairperson and CEO of Naples Ventures and former chairman of the board of directors at Ulta Beauty, plus Rudy Salas, former senior vice president of bottler strategy at Coca-Cola. HDS Global announced the appointment of several veterans…
Found in Robotics News & Content, with a score of 4.77
…Motors has deployed AMRs at Ford Motor Co. and Toyota Motor Corp., as well as at Faurecia Interior Systems and Danfoss Power Solutions. Faurecia is one of the world’s largest automotive parts makers, and Danfoss is a $7 billion multinational with more than 71 factory sites in over 20 countries. “I’m thrilled to be able to bring my expertise to bear in helping OTTO continue its successful trajectory,” said Garvey. “All of the proper ingredients are in place: amazing technology, strong leadership from the executive team and investors, a top-notch company culture, and a philosophy that puts the customer first.”…
Found in Robotics News & Content, with a score of 4.61
…Other previously announced investors included Volvo Group Venture Capital, Toyota Ventures, and HELLA Ventures. “We have a lot of strategic investors, predicated on technology partnerships,” said Becker. “All of these relationships have been built up over quite some time.” “Based on the Apex.OS, we can offer our customers an additional ZF Middleware option,” said Nico Hartmann, head of the ZF Global Software Center. “This solution is certified to the highest standards of functional safety for passenger cars and commercial vehicles. Thus, we offer our customers an alternative to Autosar Adaptive.” In addition, Apex.AI will add two new board members: Ahmed…
Found in Robotics News & Content, with a score of 4.86
…Public School system worked with companies such as the Toyota Research Institute and The MITRE Corp. and had paid internship opportunities. A second cohort has just begun, said Khalif Mitchell, STEM program manager at MassRobotics. Autodesk participated in a “Design, Build, Apply” workshop around robots in construction. MassRobotics also hosted informational events about defense, maritime, and other sectors. MITRE also sponsored a drone working group to study the technology's potential impact on the utility industry, and Amazon Robotics supported a drone camp. New and noteworthy partners recognized “When I worked with Gov. Baker, we focused on the importance of public-private…
Found in Robotics News & Content, with a score of 5.92
…made by DENSO WAVE, which is part of the Toyota Group. Clients purchasing the latest robots sold by DENSO will have an option to include Dynamis as part of the force controller, which reads the force detected by a force sensor on the robot’s wrist and applies force accordingly. If too little force is applied, items may not be assembled correctly, while applying too much force could damage the items, noted Eureka Robotics. “Due to its high basic performance and openness, DENSO robots are the preferred choice by companies and universities with advanced initiatives in the field of robotics,” said…
Found in Robotics News & Content, with a score of 7.33
…Lyft sold Level 5, its own self-driving division, to Toyota subsidiary Woven Planet Holdings Inc. for $550 million in April. Partners iterate toward 2023 launch Motional and Lyft said they are working closely, iterating on all aspects of the deployment and rider/user experience (UX). This includes transporting passengers via the IONIQ 5, Motional's next-generation robotaxi, starting in the second half of 2022. During this initial phase, riders will experience their end-to-end journeys autonomously, including entering the vehicle, starting their rides, and requesting support. The companies said this will enable them to collect rider feedback, refine the UX to be as…
Found in Robotics News & Content, with a score of 5.81
…a paper about the research alongside MIT CSAIL Ph.D. student Jie Xu and Agrawal. The research is funded by Toyota Research Institute, Amazon Research Award, and DARPA Machine Common Sense Program. It will be presented at the 2021 Conference on Robot Learning.
Found in Robotics News & Content, with a score of 11.36
…strategic investor SAIC Motor; global strategic investors General Motors, Toyota, and Bosch, as well as Temasek and Yunfeng Capital. Mercedes-Benz, IDG Capital, GGV Capital, Shunwei Capital, Tencent, and Cathay Capital also participated in the $500 million Series C round. Autonomous vehicle developers and related technology providers have raised more than $26.5 billion in 2021, according to Robotics 24/7. Here are 10 of the biggest totals to date: Company Location Amount (M$) Transaction Date Cruise San Francisco 2,750 Investments 4/15/2021 Waymo Mountain View, Calif. 2,500 Investments 6/16/2021 Xpeng Hong Kong 2,000 IPO 6/24/2021 Momenta Beijing 1,200 Series C, C+ 11/4/2021 TuSimple…
Found in Robotics News & Content, with a score of 7.50
…and accounts advised by T. Rowe Price Associates Inc., Toyota's Woven Capital unit, and other existing investors participated. Nuro raised $500 million in Series C funding a year ago. “The arrival of ubiquitous on-demand e-commerce is changing the way we access goods,” said Griffin Schroeder, partner at Tiger Global. “Demand for local deliveries is exploding. Nuro is the bridge to an era of sustainable, low-cost, autonomous local delivery.” “Kroger launched its partnership with Nuro in 2018 to explore grocery delivery through autonomous vehicles,” said Yael Cosset, senior vice president and chief information officer at Kroger. “Since then, Kroger and Nuro…
Found in Robotics News & Content, with a score of 4.67
…and heavy-duty trucks. Aurora has partnered with companies including Toyota, Uber, Volvo, and PACCAR. Last year, it acquired Uber Advanced Technology Group (ATG), and It recently announced that it will merge with special-purpose acquisition company (SPAC) Reinvent Technology Partners Y and be publicly traded starting Nov. 4. Aurora marks milestones to commercialization Aurora said it is moving quickly toward the commercial launch of Aurora Horizon in late 2023, and the release of Aurora Driver Beta marks an important milestone. It demonstrates Aurora’s autonomous driving capabilities, confirms its driver-as-a-service business model, is the result of years of hard work, and is…
Found in Robotics News & Content, with a score of 22.10
…they need to learn to see more clearly. The Toyota Research Institute today announced that the International Conference on Computer Vision has accepted six research papers on machine learning. The research advances understanding across various tasks crucial for robotic perception, including semantic segmentation, 3D object detection, and multi-object tracking, said Toyota. Over the past six years, the Toyota Research Intitute (TRI) said its researchers have made significant strides in robotics, automated driving, and materials science in large part due to machine learning—the application of computer algorithms that constantly improve with experience and data. “Machine learning is the foundation of our…