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Nvidia invests $2 billion in Synopsys as the companies expand partnership to ‘revolutionize engineering and design across industries’

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Nvidia and Synopsys have agreed a “major expansion” of their long-running technical collaboration, outlining a multiyear partnership that aims to reshape engineering workflows across semiconductor, aerospace, automotive and industrial sectors.

The agreement combines Nvidia’s accelerated computing stack with Synopsys’ engineering and simulation software to address the mounting complexity facing R&D teams.

As part of the deal, Nvidia has invested $2 billion in Synopsys common stock at a purchase price of $414.79 per share. And because Synopsys acquired Ansys for approximately $35 billion earlier this year, Nvidia will probably be a part owner of the engineering design application. [Read more…] about Nvidia invests $2 billion in Synopsys as the companies expand partnership to ‘revolutionize engineering and design across industries’

Giga Computing partners with Syrma SGS to establish server manufacturing operations in India

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Giga Computing, a specialist in high-performance computing and data center solutions, has announced a strategic partnership with Syrma SGS Technology, an Indian electronics manufacturing services provider.

Giga Computing is a subsidiary of Gigabyte Group, a Taiwanese company which has a market cap of almost $7 billion and manufactures products like motherboards, graphics cards, and laptops, and also provides server and enterprise solutions.

The collaboration between Giga Computing and Syrma SGS will establish local manufacturing of Gigabyte server products in Tamil Nadu, India, supporting the country’s “Make in India” initiative and strengthening Giga Computing’s supply chain presence in South Asia. [Read more…] about Giga Computing partners with Syrma SGS to establish server manufacturing operations in India

Tutor Intelligence raises $34 million to scale its AI-powered fleet of warehouse robot workers

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Tutor Intelligence, an AI-powered fleet of warehouse robot workers, has announced the close of its $34 million Series A led by Union Square Ventures, bringing the company’s total capital raised to $42 million.

With the new capital, the company will accelerate the commercialization of its state-of-the-art robots, scale its consumer packaged goods fleet, and advance its central robot intelligence platform and research infrastructure to power a suite of new robot form factors and capabilities.

In addition to Union Square Ventures, known for its investments in Twitter, Coinbase, Etsy, and MongoDB; Fundomo, backers of Standard Nuclear, Mercor, Etched, and Atomic Semi, also participated in the round, along with follow-on investment from Neo, which led Tutor’s seed round and has invested in Cursor and Kalshi. [Read more…] about Tutor Intelligence raises $34 million to scale its AI-powered fleet of warehouse robot workers

SoftBank and Yaskawa partner to advance ‘Physical AI’ robots for office environments

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SoftBank and Yaskawa Electric have signed a memorandum of understanding to jointly develop “Physical AI” and deploy what the companies describe as a new class of robots that combine advanced decision-making with flexible, multi-purpose physical capabilities.

The collaboration brings together SoftBank’s AI-RAN initiative and Multi-access Edge Computing (MEC) platform with Yaskawa Electric’s robotics and motion-control technologies.

According to the press release, the companies aim to accelerate the “social implementation” of Physical AI as Japan faces labour shortages, demographic pressures, and increasingly complex business operations. [Read more…] about SoftBank and Yaskawa partner to advance ‘Physical AI’ robots for office environments

Gravis Robotics raises $23 million and signs series of landmark deals

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Gravis Robotics – the earthmoving autonomy platform – says it is “pulling further ahead in the race to transform global construction” as it announces a new wave of industry partnerships alongside $23 million in fresh funding.

The funding was co-led by IQ Capital and Zacua Ventures, with Pear VC, Imad (CVC of Nesma & Partners), Sunna Ventures, Armada Investment and Holcim, and will be used to accelerate Gravis’ global rollout, grow the team, and expand Gravis’ growing network of partnerships with OEMs, contractors, and dealers. [Read more…] about Gravis Robotics raises $23 million and signs series of landmark deals

New MIT-Mecalux study finds ‘AI now embedded in 60 percent of warehouses’

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Research from Mecalux and the MIT Intelligent Logistics Systems Lab, based on a survey of 2,000+ logistics leaders, shows rapid automation and AI adoption, 2-3 year payback periods and rising demand for high-skill warehouse roles.

As retailers brace for the annual surge of Black Friday demand, a new study from Mecalux and the MIT Intelligent Logistics Systems (ILS) Lab at MIT’s Center for Transportation and Logistics reveals that the warehouses powering today’s global supply chains have entered a new era of intelligence.

The research, drawing on responses from over 2,000 supply chain and warehousing professionals across 21 countries, shows that artificial intelligence and machine learning are no longer experimental tools but core drivers of productivity, accuracy and workforce evolution. [Read more…] about New MIT-Mecalux study finds ‘AI now embedded in 60 percent of warehouses’

Schaeffler partners with Singapore’s NTU to position itself as a key component supplier to humanoid robot makers

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Schaeffler has partnered with Singapore’s Nanyang Technological University (NTU) to open a new robotics and artificial intelligence laboratory, deepening its R&D presence in Asia and sharpening its focus on the fast-moving humanoid robotics market.

The new 900 sq m facility is part of the Schaeffler Hub for Advanced Research (SHARE) programme, the company’s global network of university-based R&D centres.

The partnership will support work in humanoid robotics, collaborative robotics, and automated mobile platforms, combining NTU’s research capability with Schaeffler’s industrial and motion-technology expertise. [Read more…] about Schaeffler partners with Singapore’s NTU to position itself as a key component supplier to humanoid robot makers

Hyundai releases new video for next-generation autonomous vehicle platform

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Hyundai Motor Group has released a short promotional video for what appears to be the next generation of its MobED mobility platform. (See video below.)

The 19-second clip, titled “Robotics LAB MobED Teaser | Hyundai Motor Group”, offers only a brief look at a digital interface and provides no specifications or product details.

The company has not yet published an accompanying announcement or updated technical description, and the teaser does not include narration, just music. [Read more…] about Hyundai releases new video for next-generation autonomous vehicle platform

Toyota expands US manufacturing with up to $10 billion investment and unveils new $912 million hybrid-production boost

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Toyota is significantly expanding its manufacturing footprint in the United States, announcing up to $10 billion in additional investment over the next five years, alongside a newly disclosed $912 million allocation to boost hybrid-vehicle production across five US plants.

The second investment is part of – and included within – the larger package announced earlier in November.

Toyota Motor Corporation said the up to $10 billion commitment will “bring the company’s total US investment to nearly $60 billion since beginning operations in the US nearly 70 years ago”. [Read more…] about Toyota expands US manufacturing with up to $10 billion investment and unveils new $912 million hybrid-production boost

Volvo selects Sweden for its $74 million excavator assembly plant

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Volvo Construction Equipment (Volvo CE) is expanding its European industrial footprint with a new crawler excavator assembly factory in Eskilstuna, Sweden, to be serving the European markets.

The 700 million SEK ($74 million) investment in Sweden is part of Volvo CE’s ambitions to strengthen its position in the important excavator segment.

The 30,000 square meter Eskilstuna facility aims to meet the growing European customer demand by increasing capacity and flexibility, and will enable reduced reliance on long-distance logistics, shorter delivery times, enhancing supply chain resilience and reducing carbon emissions. [Read more…] about Volvo selects Sweden for its $74 million excavator assembly plant