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.”
ATS Automation Tooling Systems has received an enterprise order from a company which it would only describe as “a North American-based customer that is a global leader in its market”.
ATS adds that it has provided core manufacturing solutions to the customer for a number of years.
The “Order Booking” is valued at approximately $100 million and involves delivery and installation of systems at several locations that will enable the customer to roll out a new global product. Continue reading ATS wins $100m automation deal