GreyOrange launches new AI for logistics robots and warehouse automation

Automation and robotics company GreyOrange has released its next-generation software platform, GreyMatter, which features artificial intelligence.

The company made the announcement at the launch of the latest warehouse of the Nitori, said to be Japan’s largest furniture and home furnishing chain with over 400 stores.

The Butler robotics system from GreyOrange is being used at the Osaka centre of Home Logistics, a logistics subsidiary of Nitori which operates 34 distribution bases and a logistics network for product delivery to stores and e-commerce customers across Japan.  Continue reading GreyOrange launches new AI for logistics robots and warehouse automation

Fetch Robotics raises $25 million in investment round led by Sway Ventures

Fetch Robotics, a provider of a range of warehouse automation and logistics robot solutions, has raised $25 million in Series B funding.

The round was led by Sway Ventures with participation from existing investors O’Reilly AlphaTech Ventures, Shasta Ventures and SoftBank Group US.

The Series B round brings Fetch Robotics’ total funding to date to $48 million.  Continue reading Fetch Robotics raises $25 million in investment round led by Sway Ventures

Alibaba to invest $15 billion into robotic logistics infrastructure

 

Alibaba is planning to invest $15 billion into developing a robotic logistics infrastructure, according to the Wall Street Journal

Alibaba is said to be the world’s largest e-commerce company, mainly concentrating on the business-to-business sector rather than retail, but until now, it has relied on outside companies to provide its logistics.

Now, the company has invested an additional $801 million to buy a controlling stake in Cainiao Smart Logistics.  Continue reading Alibaba to invest $15 billion into robotic logistics infrastructure

Mitsubishi might invest $20 million in GreyOrange Robotics

 

Mitsubishi Electric is reportedly planning to invest almost $20 million into GreyOrange Robotics.

GreyOrange is a startup company developing robotics and automation systems for the logistics industry, particularly warehouse automation systems integrating robots, and has been growing fast, according to a story on EconomicTimes.com.

The investment would lead to a valuation for GreyOrange of an amount between $300 million and $500 million.  Continue reading Mitsubishi might invest $20 million in GreyOrange Robotics

Amazon to open logistics facility in New York

Amazon, the online retail giant with a growing range of business units, one of which is Amazon Robotics, is opening a new logistics facility in New York.

The Staten Island warehouse will create 2,250 new jobs for humans but it’s not clear how many robots Amazon will integrate into the facility.

So far, Amazon is said to have manufactured 100,000 logistics robots, which are small autonomous vehicles used to move boxes and shelf units around.  Continue reading Amazon to open logistics facility in New York

Audi to make Ray robot workers more productive

A Ray robot, made by Serva Transport Systems, picks up and moves an Audi car at its Ingolstadt plant
A Ray robot, made by Serva Transport Systems, picks up and moves an Audi car at its Ingolstadt plant

Car giant completes tests of autonomous logistics robot at its Ingolstadt plant

German automaker Audi is to increase the productivity of robots working within its logistics operations.

The company has been conducting tests involving autonomous robots it calls “Ray” for more than a year.

In exclusive comments to Robotics and Automation News, Audi’s project manager for driverless transport, Christine Widbiller said: “Currently we have four Rays working at the logistics department and they are fully integrated in the transporting process.”  Continue reading Audi to make Ray robot workers more productive