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UR survey shows 48% of manufacturers plan to invest in AI

Robotics Business Review

Source: Universal Robots The artificial intelligence market is projected to reach $407 billion by 2027, with an annual growth rate of 37.3%, according to Forbes. The UR survey showed companies are increasingly using AI and machine learning, and digitalization, in their businesses.

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China launches data-sharing initiative for humanoid developers

Robotics Business Review

Qinglong is designed to be an open-source platform for advancing the field of humanoids globally. NLJIC aims to train 1,000 humanoids by 2027. The center also announced Qinglong, its first full-sized humanoid robot, at the 2024 World Artificial Intelligence Conference (WAIC). Apply to speak.

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Brexit ‘cliff edge’ poses threat to UK electric car production, warns industry chief

The Guardian Manufacturing

Head of SMMT raises concerns over tightening of trade rules from January on vehicles exported from UK to EU The growth of electric car production in Britain is under threat from a Brexit “cliff edge” in January unless the EU agrees to delay new trade rules until 2027, industry leaders have warned. Continue reading.

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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. and Germany in 2027. Project 3 Mobility says it wants to greatly expand its team with the latest funding.

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Code Metal secures seed funding for LLM agents on the edge

Robotics Business Review

Source: Code Metal Code Metal Inc., AI and computing move to the edge Worldwide spending on edge computing will reach $232 billion in 2024, and it will have sustained growth through 2027 to nearly $350 billion, predicted IDC. a startup creating artificial intelligence-powered development workflows for the edge, has raised $16.45

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Imagry moves to make buses autonomous without mapping

Robotics Business Review

Source: Imagry Autonomous vehicles often rely heavily on prior information about their routes, but new technology promises to improve real-time situational awareness for vehicles including buses. The Japanese government wants 50 locations across the country to be served with autonomous buses by 2025 and 100 by 2027.

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Interact Analysis downgrades mobile robot forecast by 18%

Robotics Business Review

Source: Adobe Stock Interact Analysis reduced its forecast for the global mobile robot market by 18% in 2027 due to a series of macroeconomic factors it said are impacting demand. Source: Interact Analysis What’s holding back mobile robots?