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AI and robotics stocks outperforming other shares on markets

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Artificial intelligence and robotics stocks are performing better than many other investments on the stock market, according to a report on CNBC. 

The website says robotics and AI stocks are “crushing” the old economy and is up by 30 per cent compared with under 10 per cent for other stocks.

In particular, the Global X Robotics and Artificial Intelligence ETF (BOTZ) and the ROBO Global Robotics and Automation Index (ROBO) have done well.  [Read more…] about AI and robotics stocks outperforming other shares on markets

Autonomous sea-going vessels likely to be launched before driverless cars

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The vast majority of the world’s goods are shipped – quite literally – by sea. According to the International Maritime Organization, 90 per cent of the world’s trade is carried by ships and boats. 

The IMO adds that the sea “is, by far, the most cost-effective way to move en masse goods and raw materials around the world”.

So while we’re all waiting for drones and driverless vehicles to deliver our online shopping orders by road and by air, it seems the really big trends are all at sea.  [Read more…] about Autonomous sea-going vessels likely to be launched before driverless cars

Continental sends out autonomous minibus for a driverless drive

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Continental, a company which provides a range of automotive solutions such as tyres and advanced driver assistance systems, has been showing off its new autonomous minibus. 

The company calls the vehicle Cube, short for Continental Urban Mobility Experience, and describes it as a “robo-taxi”.

This particular trial of the driverless minibus took place in Frankfurt, Germany.  [Read more…] about Continental sends out autonomous minibus for a driverless drive

Schnucks grocery stores give Tally the robot some work to do checking the shelves

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A mobile robot called Tally has got a job at Schnucks grocery stores, where it will wander round the aisles and make mental notes of what products are running low on stock and checking prices. 

Developed by Simbe Robotics, Tally is said to perform the tasks humans might find boring and time-consuming. It can do this while customers are shopping or after the stores close.

Simbe claims Tally is the “world’s first fully autonomous robotic shelf auditing and analytics solution for the retail industry”, and suggests the technology could save some of the $450 billion retailers lose annually through inefficiencies which Tally can help resolve.  [Read more…] about Schnucks grocery stores give Tally the robot some work to do checking the shelves

Foxconn to build $10 billion manufacturing plant in Wisconsin as part of massive expansion plan in US

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Foxconn says the expansion is the first in a series of investments in the United States

Foxconn says it will invest $10 billion over the next four years to build a liquid crystal display panel manufacturing facility in Wisconsin.

Foxconn, a Taiwanese company also known as Hon Hai Precision, says the new facility will be a “state-of-the-art” plant and part of its “intelligent manufacturing ecosystem”.

Foxconn is one of the world’s largest electronics manufacturing services providers, and makes iPhones and other devices for Apple.

The investment, which is believed to be the largest new greenfield investment made by a foreign-based company in US history, will create 3,000 jobs with the potential to grow to 13,000 new jobs in that state.  [Read more…] about Foxconn to build $10 billion manufacturing plant in Wisconsin as part of massive expansion plan in US

Kiva Systems developers launch new company and their own logistics robot

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Kiva Systems was a company that built a mobile robot for logistics operations, mainly for use in warehouses. It was a basically a small platform on wheels, and proved popular throughout the industry.

But then it got bought out by Amazon, which initially said it would still sell it to the rest of the logistics industry but actually didn’t. Instead it rebranded Kiva as Amazon Robotics and turned it into a business unit of its own.

The online retail giant now has one of the largest number of robots in operation of any company in the world.

But two former executives at Kiva Systems – Jerome Dubois and Rylan Hamilton – have now launched a new company and a range of new logistics automation solutions.  [Read more…] about Kiva Systems developers launch new company and their own logistics robot

Plenty attracts ‘largest-ever agriculture technology investment’ led by SoftBank to develop indoor farms in city centres

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A company called Plenty claims it has attracted the “largest-ever agriculture technology investment”. 

The company says the investment will drive its development of its global, large-scale indoor farm network to deliver “radically fresher, affordable food to local communities everywhere”.

Plenty describes itself as a “field-scale indoor farming company remaking the global food system”.  [Read more…] about Plenty attracts ‘largest-ever agriculture technology investment’ led by SoftBank to develop indoor farms in city centres

Framos and Pyxalis expand partnership on custom image sensors

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Framos, an image sensor distributor, and Pyxalis, a advanced custom image sensor supplier, have extended their collaboration.

Framos has been working with Pyxalis for several years and, after a very productive relationship, have entered into a formal agreement.

This partnership provides Framos partners with fully customized, high performance sensors, including sensor specification elaboration support, sensor architecture, design, prototyping, validation, industrialization and manufacturing.  [Read more…] about Framos and Pyxalis expand partnership on custom image sensors

Apple to build three ‘big, big, big’ manufacturing plants in the US, claims Trump

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President Donald Trump says Apple CEO Tim Cook has committed to building “three big manufacturing plants in the US”, according to a report on the Wall Street Journal website. 

In an interview with the business and investment newspaper, Trump is reported to have said: “I spoke to [Cook], he’s promised me three big plants – big, big, big.

“I said you know, Tim, unless you start building your plants in this country, I won’t consider my administration an economic success. He called me, and he said they are going forward.”  [Read more…] about Apple to build three ‘big, big, big’ manufacturing plants in the US, claims Trump

Software developer and integrator Universal Logic receives order for 60 Yaskawa Neocortex AI robotic work cells

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An industrial technology integrator called Universal Logic says it has receieved a large order for 60 of its specially designed robotic work cells. 

The company has developed a software-intense work cell which it calls Neocortex, aimed at supply chains and logistics operations which require automated material handling systems for high-mix, high volume applications.

Universal Logic’s Neocortex Goods to Robot Cells for automated order fulfillment of consumer goods have now been ordered by an undisclosed customer, who wants 60 complete cells for their order fulfillment of consumer goods.  [Read more…] about Software developer and integrator Universal Logic receives order for 60 Yaskawa Neocortex AI robotic work cells