Like most business sectors, the cosmetics industry is a growing market for industrial robotics and automation suppliers.
At the moment, it’s a relatively small market compared to automotive, electronics, and other sectors, but according to a study by Alltake Market Research, unit shipments in the sector will grow more than 20 per cent by 2022.
With so many people voicing their fears about a future world in which artificial intelligence not only influences our day-to-day activities, but also makes life-or-death decisions in security and defence scenarios, there is arguably no one more qualified to comment on the issue of man versus machine than Garry Kasparov.
For younger readers who may not know who Kasparov is, he is probably the most celebrated and most controversial chess grandmaster there has ever been.
Back in the days when the Cold War as at its height, and the then USSR and the US were constantly on the verge of wiping humanity from the face of the Earth, Kasparov took on the very icon of American power, IBM, and what was at the time its most powerful supercomputer, Deep Blue. It was the first time such tests were conducted in such an internationally high-profile way. Continue reading Range against the machine: Exclusive interview with Garry Kasparov
Toyota Research Institute has been demonstrating its progress in the development of automated driving technology and other project work to the investor community this week.
Dr Gill Pratt, CEO of TRI, says: “In the last few months, we have rapidly accelerated our pace in advancing Toyota’s automated driving capabilities with a vision of saving lives, expanding access to mobility, and making driving more fun and convenient.
The chief executive of telecommunications giant SoftBank says the effects of artificial intelligence will take the world much further and have a more profound effect than even the industrial revolution.
In an article accompanying a special edition of the CBS news magazine 60 Minutes, SoftBank CEO Masayoshi Son was quoted as saying the new “information revolution” is being partly driven by data collected through billions of sensors.
SoftBank has been buying up a variety of AI and robotics startups, most recently a company called Nauto, which is developing systems for driverless cars.
At the root of the technology, Son says, are microprocessors and microcontrollers. “Those who rule chips will rule the entire world,” he said. “Those who rule data will rule the entire world. That’s what people of the future will say.”
Autonomous vehicle technology company Nauto, which is developing an artificial intelligence and data platform for self-driving technology, has closed a $159 million Series B financing round, led by a SoftBank subsidiary, and Greylock Partners.
Other participants include previous strategic investors BMW iVentures, General Motors Ventures, Toyota AI Ventures and the venture unit of global financial services and insurance provider Allianz Group, and Series A investors Playground Global and Draper Nexus.
Partnership, collaboration, and technology investment crucial for growth opportunities, says Frost & Sullivan’s industrial automation and process control team
The Internet of Things and data analytics are transforming the manufacturing space, and data is the new currency.
Currently, human intervention is needed for logical and reasonable decision making. However, with the rise of cognitive technologies, machines will be empowered to detect constantly changing manufacturing scenarios and respond in real time with minimum human intervention.