Found in Robotics News & Content, with a score of 7.57
August 12, 2024
…AI Principal investigator: ThoughtForge AI Project Team: Siemens and Magna International Description: In automotive, aerospace, and consumer electronics manufacturing, adaptive insertion is performed by humans due to the need to apply and adjust force in real-time to successfully insert asymmetrical, oddly shaped objects. A key enabler for the adoption of autonomous adaptive insertion systems is a multi-modal AI that uses real-time information from force sensors, combined with novel machine learning (ML) techniques, and new edge computing techniques to adaptively insert parts of varying shapes, sizes, and weights needed for assembling items within different industries. This project seeks to integrate multi-modal…
Found in Robotics News & Content, with a score of 9.55
June 04, 2024
…three automotive companies basically testing these out and then Magna being involved with one of the companies. That's interesting, because as someone who saw the development of the industrial robot industry, automotive was what really jump started everything. Robot spending market highlights A3 released a market insight report about how North American robot orders dropped for the second quarter of 2023, but you were touting positive spending moving into 2024. Now being at the midway point of the year and post Automate, how does the rest of this year and 2025 look? Burnstein: We're still very positive. I think when…
Found in Robotics News & Content, with a score of 25.71
May 28, 2024
…manufacturing industry. Sanctuary AI announced a strategic partnership with Magna, a global mobility technology company. Magna, according to a release, is one of the largest automotive suppliers in the world and a significant buyer of industrial robots. “We see this as not only the cornerstone of general-purpose AI robotics but a critical step on the path to artificial general intelligence, and we’re thrilled to be leading the charge on it,” Rose added. “This all adds up to being able to capture increasing quantities of higher quality, higher fidelity human behavioral data, which in turn will expedite the development of foundational…
Found in Robotics News & Content, with a score of 15.81
February 28, 2024
…Iron Mountain warehouses located in Kettering Symmetry Park, Lutterworth Magna Park North, and Rugby Symmetry Park. 3PL provider turns to automated inventory management Iron Mountain expanded into the third-party logistics (3PL) market in 2021. With over 225,000 customers worldwide, the company was looking for an automated inventory management and space optimization system for its warehouses. Dexory offers full-service inventory control automation, which combines inventory-scanning robots and warehouse inventory analytics software, all built and maintained in-house. Its robots measure, count, track and find inventory across warehouses, navigating around obstacles and through product racks. Collected data is pushed in real time to…
Found in Robotics News & Content, with a score of 10.07
May 17, 2023
…the company said it has assembled vendors and partners including Apptronik, Bell, Common Sense Machines, Contoro, Cycorp, Exonetik, HaptX, Magna, Tangible Research, Verizon Ventures, and Workday Ventures. In other humanoid robotics news, Tesla founder Elon Musk touted the potential value of the Optimus robot during the company's shareholder meeting yesterday.
Found in Robotics News & Content, with a score of 8.06
January 09, 2023
…in Las Vegas last week, Orbbec launched its Femto Magna high-resolution 3D camera built with Microsoft and NVIDIA technologies. The company also announced and demonstrated the Gemini 2 and Astra 2 sensors, which use its new MX6600 ASIC chip. The Femto Mega camera is “is aimed at removing barriers for developers of robotics applications with the combination of sensing and accelerated computing for AI and digital twin creation,” said Orbbec. The Shenzhen, China-based company said it “is on a mission to popularize 3D vision technology for the 3D world, create a full-stack platform for industry solution developers, and build smart…
Found in Robotics News & Content, with a score of 11.55
October 26, 2022
…strong demand from partners, including Grubhub, Mitsubishi, and U.K. delivery company DPD. In September, Cartken announced a partnership with Magna International, a leading global automotive supplier, to help scale up manufacturing of its robots. The agreement offers production of thousands of AMRs as well as development of additional robot models for different use cases.
Found in Robotics News & Content, with a score of 44.66
September 13, 2022
Global mobility technology company, Magna, and San Francisco-based autonomous robotics company, Cartken, announced last week an agreement for Magna to manufacture Cartken’s autonomous delivery robot fleet to meet growing demand for last mile delivery. Manufacturing of Oakland, Calif.-based Cartken’s Model C has begun in a Magna facility in Michigan. Production capacity is expected to ramp up over the next few months and as the collaboration expands, the two companies plan to include additional autonomous delivery models based on the same platform for different use-applications and robot-as-a-service business models. Thousands of delivery robots are expected to be produced Based on Cartken’s…
Found in Robotics News & Content, with a score of 11.16
March 03, 2022
…A round included Bell, Evok Innovations, Export Development Canada, Magna, SE Health, Verizon Ventures, and Workday Ventures. “Sanctuary's novel approach and progress set them apart, as they look to build transformative innovations of tomorrow with the potential to reshape the future of work,” stated Michelle McCarthy, managing director of Verizon Ventures. Marty Reed, a partner at Evok Innovations, added: “Our investment in Sanctuary is in complete alignment with our mission at Evok Innovations to protect the environment and strengthen the economy. We believe that Sanctuary has the fastest, lowest-cost, and most commercially viable path to building human-like intelligence in machines.”…
Found in Robotics News & Content, with a score of 11.04
January 14, 2022
…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 president of information technology at Local Motors, on LinkedIn. “It has been an exciting, challenging, and educational experience working with Olli and all the team at Local Motors.” “I am disheartened to announce that Local Motors will cease to exist as of January 14,” said Chris Stoner,…
Found in Robotics News & Content, with a score of 10.63
January 12, 2022
…Series D funding. Its announcement came a day after Magna International Inc. acquired autonomous shuttle developer Optimus Ride Inc. Nuro designed for safety, sustainability Nuro said its third-generation vehicle is designed to carry more goods and enable more deliveries, with twice the cargo volume of its second-generation vehicle. The automotive production-grade vehicle will also feature modular inserts to customize storage and new temperature-controlled compartments to keep goods warm or cool. Since all of Nuro’s vehicles are designed for transporting goods and not passengers, the new vehicle continues to prioritize the safety of other road users and in particular pedestrians and…
Found in Robotics News & Content, with a score of 55.02
January 11, 2022
…the race to self-driving vehicles continues, so has consolidation. Magna International Inc. today said it has hired more than 120 employees of Optimus Ride Inc. Aurora, Ontario-based Magna said the engineers from the Boston-based autonomous shuttle developer will help its capabilities in advanced driver-assistance systems, or ADAS. “Growing our engineering bench strength in sensing hardware and software helps accelerate our path forward in a rapidly growing ADAS market,” stated John O’Hara, president of Magna Electronics. The companies did not disclose financial terms of the acquisition, and Magna will also gain Optimus Ride's assets and intellectual property. Magna combines vehicle expertise…
