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Bay Area events note the convergence of AI and robotics

Robotics Business Review

The San Francisco Bay Area is a nexus of AI and robotics. Source: Adobe Stock The San Francisco Bay Area is the nexus of the artificial intelligence revolution in the U.S., anchored by San Francisco, with the renaissance of robotics investment and innovation in Silicon Valley. AI is merging with and embodied by robotics here.

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Sevensense acquisition to add VSLAM smarts to mobile robots, says ABB

Robotics Business Review

Sevensense said its VSLAM technology can improve mobile robot navigation. Source: ABB After a challenging year for autonomous mobile robot, or AMR, providers, industry leaders are continuing to consolidate. ABB had invested in Sevensense in 2021, the same year it acquired ASTI Mobile Robotics for $190 million.

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CynLr raises Series A funding to realize robot vision for ‘universal factory’

Robotics Business Review

The CLX robotic vision stack was inspired by human eyesight. Source: CynLr CynLr, or Cybernetics Laboratory, today said it has raised $10 million in Series A funding. The Bengaluru, India-based company specializes in “visual object sentience,” robotics, and cybernetics. He also cited plant-level automation customers.

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Project 3 Mobility brings in $107M for its autonomous mobility ecosystem

Robotics Business Review

Source: Project 3 Mobility Project 3 Mobility, which is developing what it called an “ecosystem of urban autonomous mobility,” has brought in €100 million, or more than $107 million, in Series A funding. Learn from Agility Robotics, Amazon, Disney, Teradyne and many more. and Germany in 2027.

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How robotics can optimize every step of the growing cycle

Robotics Business Review

Source: Brianna Wessling Just one U.S. What’s unique about CNH and [agriculture] is we are one of the few companies that really services almost every type of farming area in the world,” Marc Kermisch, the chief digital and information officer at CNH, told The Robot Report. farm, on average, can feed 166 people annually in the U.S.

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Aurora closes upsized public offering with gross proceeds of $483M

Robotics Business Review

Source: Aurora Innovation Autonomous trucks are picking up funding. With runway well into 2026, Aurora said it expects this incremental capital to fund the initial phase of its scaling strategy. The post Aurora closes upsized public offering with gross proceeds of $483M appeared first on The Robot Report. Aurora Innovation Inc.

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NVIDIA, Foxconn to build advanced computing center in Taiwan

Robotics Business Review

Source: Foxconn Hon Hai Technology Group, better known as Foxconn, this week said they plan to jointly build an advanced computing center in Kaohsiung, Taiwan. The electronics manufacturer will contribute its production scale and said it expects to complete the center by 2026. The companies made the announcement at Computex 2024.