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AI on the phone: Samsung unveils new processor

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Samsung Electronics, a world leader in advanced semiconductor technology, has announced its latest premium application processor (AP), the Exynos 9 Series 9820, equipped for on-device Artificial Intelligence (AI) applications.

The Exynos 9820 features a fourth-generation custom CPU, 2.0-gigabits-per-second (Gbps) LTE Advanced Pro modem, and an enhanced neural processing unit (NPU) to bring new smart experiences to mobile devices.

“As AI-related services expand and their utilisation diversify in mobile devices, their processors require higher computational capabilities and efficiency,” said Ben Hur, vice president of System LSI marketing at Samsung Electronics.

[Read more…] about AI on the phone: Samsung unveils new processor

Flexible collaborative robots boost capacity at Swedish machine shop

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FT-Produktion turned to flexible collaborative robots – cobots – to boost productivity without adding personnel. The new technology also elevated job satisfaction by bringing variation to daily routines – a key advantage in an industry battling to attract and retain qualified labour.

No machine shop in its right mind would turn down global leaders like Volvo, Renault and Scania when they come calling with orders – even if it means pushing capacity and productivity to the limit. But in a labour market where recruiting qualified employees is easier said than done, it takes innovation to increase output capacity.

To meet growing market demand, the Swedish machine shop FT-Produktion turned to specialised robot technology designed to meet the automation needs of small and medium-sized manufacturing businesses.  [Read more…] about Flexible collaborative robots boost capacity at Swedish machine shop

Volvo Trucks provides autonomous transport solution to Brønnøy Kalk

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Volvo Trucks has signed a landmark agreement with Brønnøy Kalk AS in Norway to provide its first commercial autonomous solution transporting limestone from an open pit mine to a nearby port.

The solution consists of limestone being transported by six autonomous Volvo FH trucks on a five kilometre stretch through tunnels between the mine itself and the crusher.

Tests of this solution have been carried out successfully and will continue throughout 2018 to become fully operational by the end of 2019.

[Read more…] about Volvo Trucks provides autonomous transport solution to Brønnøy Kalk

Hyundai and Kia enter strategic partnership with Vodafone

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Hyundai Motor and Kia Motors have entered a new pan-European strategic partnership with Vodafone to provide customers with fully-connected in-car infotainment and connected car service.

The strategic partnership enables both car manufacturers to tap into Vodafone’s technical expertise, and offer connected in-car infotainment services to their European drivers.

Hyundai and Kia will use Vodafone’s IoT network to deploy their proprietary service across Europe, enabling customers to benefit from the latest in new telematics technology.

[Read more…] about Hyundai and Kia enter strategic partnership with Vodafone

Geek Plus Robotics raises $150 million in ‘world’s largest Series B financing in logistics robotics’

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Supply chain automation solutions company Geek Plus Robotics has completed a Series B financing round in which it raised a staggering $150 million. 

The company says this is “the world’s largest financing in artificial intelligence-enabled logistics robotics”.

As of the closing of this round of financing, Warburg Pincus has committed a total of approximately $100 million in Geek Plus through a series of investments since 2017, which had also been participated by other existing shareholders including Volcanics Venture and Vertex Ventures.

Founded in 2015, Geek+ is a leading AI a robotics company that integrates robotics, AI, big data, cloud computing, and IoT technologies to provide “intelligent robotics solutions and one-stop supply chain services”.  [Read more…] about Geek Plus Robotics raises $150 million in ‘world’s largest Series B financing in logistics robotics’

FedEx acquires 1,000 Chanje electric vehicles

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FedEx Corp. is expanding its fleet to add 1,000 Chanje V8100 electric delivery vehicles, buying 100 of the vehicles from Chanje Energy Inc and leasing 900 from Ryder System, Inc.

The purpose-built electric vehicles will be operated by FedEx Express for commercial and residential pick-up and delivery services in the United States.

The vehicles are manufactured by FDG in Hangzhou, China, and purchased through Chanje Energy Inc., the company’s subsidiary for global business. Ryder System, Inc. will provide support services for all of the vehicles.

[Read more…] about FedEx acquires 1,000 Chanje electric vehicles

Rover Speed launches AI-powered autonomous driving suitcase

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A startup company called Rover Speed has introduced what it claims is “the world’s first AI-powered autonomous driving suitcase” through its newly launched Kickstarter campaign.

But unlike other “smart travel” travel suitcase brands that have come and gone, Rover Speed says what sets its “travel robot” apart is its “effortless autonomous control, obstacle avoidance with smartphone tracking and notifications”.

The luggage – which has already surpassed its Kickstarter goal of $30,000 in just a week – is set to be released to early backers in January 2019. The suitcase will be available for pre-order for the next 20 days.  [Read more…] about Rover Speed launches AI-powered autonomous driving suitcase

Honeywell completes acquisition of Transnorm

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Honeywell has completed its acquisition of warehouse automation solutions provider Transnorm. It acquired the Harsum, Germany-based Transnorm from IK Investment Partners for approximately €425 million in a deal that was announced in October.

Transnorm is a global leader in high performance conveyor solutions that are used in diverse end markets such as the parcel delivery, e-commerce fulfilment and airport industries.

Transnorm will be part of Honeywell Safety and Productivity Solutions (SPS) and will complement its Honeywell Intelligrated business.

[Read more…] about Honeywell completes acquisition of Transnorm

Autonomous vehicles and software developer Ridecell raises $60 million in second funding round

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Ridecell, a developer of autonomous a ride-hailing platform, which includes software and driverless vehicles, has expanded its Series B equity investment round.

The new investments have more than doubled the capital raised in the initial Series B round – $28 million announced in May – to more than $60 million.

The complete Series B round is now being led by Activate Capital, and Raj Atluru, managing director and co-founder of the firm, will join the company’s board as the first outside director.  [Read more…] about Autonomous vehicles and software developer Ridecell raises $60 million in second funding round

Smart products and factories transforming engineering services industry

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The rapid growth of smart products and smart factories is transforming the engineering services industry as never before, and providers are responding by digitalizing virtually every facet of their services portfolio, according to a new study from Information Services Group, a global technology research and advisory firm.

The latest ISG Provider Lens Quadrant report, the first ever by ISG to evaluate engineering services providers serving the US market, notes providers are moving to address the digital elements of core engineering functions – from concept and physical product development, to optimization of industrial design and operations, to software product and applications software development.

Esteban Herrera, partner and global head of ISG Research, says: “Transforming from a traditional to an agile business environment is key.  [Read more…] about Smart products and factories transforming engineering services industry

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