Robotics & Automation News

Market trends and business perspectives

ai

Flexiv brings the latest adaptive robotics technology and applications to CIIF 2020

by Leave a Comment

Flexiv showcased their cutting-edge robotics technology and industrial applications at the recently concluded 22nd China Industrial International Fair (CIIF). 

The showcase of applications was based on adaptive robots, including the world’s leading force control technology, the ultimate fusion of robotics and AI, and a series of industrial solutions.

The applications that were presented by their adaptive robot Rizon included plugging and unplugging with wiring harness, intelligent table tidy-up, force-control assembling, massage by adaptive robot and the Ball Balancing Challenge. [Read more…] about Flexiv brings the latest adaptive robotics technology and applications to CIIF 2020

Machine learning in banking and marketing applications for 2021 and beyond

by Leave a Comment

Artificial intelligence (AI) and machine learning in banking make the strongest combination possible. Since these technologies are versatile, there are a lot of ways to use them across industries, and in the fintech sector as well.

There are a lot of concerns and discussions around artificial intelligence and machine learning that last for several decades already. The recent pandemic has greatly accelerated the development of innovation.

Smart robots are already capable of helping shoppers select and deliver goods, as well as performing simple medical tasks such as delivering drugs and instruments. What is more, the main forecast remains unchanged – the share of artificial intelligence in business will grow every year. [Read more…] about Machine learning in banking and marketing applications for 2021 and beyond

Top 5 AI Photo Editors Which Are Better Than Photoshop

by Leave a Comment

The best AI photo editors at a modest price which are better than Photoshop. Remove unwanted blemishes and improve freckles, texture, and hair in some clicks using these AI photo editors.

The evolvement of artificial intelligence (AI) technology has put an end to time-consuming manual photo editing, substituting it with quick semi-automatic actions.

Nowadays, using an AI photo editor, you can effortlessly replace the background, perform color correction, improve photos in an instant without messing up with numerous brushes and masks.

We have examined different programs and compiled the list of top 5 AI image editors that are advertised as worthy replacements to Adobe Photoshop. [Read more…] about Top 5 AI Photo Editors Which Are Better Than Photoshop

Robust AI raises $22.5 million to build ‘world’s first’ industrial-grade cognitive engine for robotics

by Leave a Comment

Robust.ai, the company pioneering an industrial grade cognitive engine for robots, announced today the close of a $15 million Series A investment round, taking the company’s total funding to date to $22.5 million.

JAZZ Venture Partners led the Series A round and was joined by previous investors Playground Global, Liquid2, Fontinalis, Jaan Tallinn and Mark Leslie. Esther Dyson, Steve Blank and Tim O’Reilly are also angel investors in Robust.ai.

Historically, robots have largely been confined to highly predictable environments; Robust aims to change that by creating a new cognitively-driven AI platform that gives robots the problem-solving capabilities they need to work alongside humans in dynamic, open-ended environments, vastly increasing their potential in complex public spaces. [Read more…] about Robust AI raises $22.5 million to build ‘world’s first’ industrial-grade cognitive engine for robotics

AI Enabled Robots are Coming

by Leave a Comment

We’ve entered a new age of automation: the artificially intelligent robots are coming.
When AI enabled robots hit the manufacturing mainstream, the implications will be huge. With the right combination of hardware, robotics will have an application in manufacturing for nearly every industry. Processes will become quicker, more accurate and more cost-effective.

Robotics in Manufacturing
The first thing to note is that when we talk about robotics within this article, we are referring to a physical piece of hardware without the ability ‘to think’ for itself, usually due to a lack of appropriate software and/or hardware. Right now, most industrial robots are not artificially intelligent and are only programmed to carry out a repetitive series of movements, usually within a caged environment separated from humans. [Read more…] about AI Enabled Robots are Coming

Toyota venture fund invests in robotic kitchen startup

by Leave a Comment

Toyota AI Ventures, Toyota’s early-stage venture capital fund, has decided to invest in YPC Technologies, a robotic kitchen startup based in Montreal, Canada.

The funding follows YPC Technologies’ participation in the 2020 Toyota AI Ventures “call for innovation” focused on smart, connected cities that launched earlier this year in partnership with Toyota Research Institute – Advanced Development (TRI-AD) and Toyota Research Institute (TRI).

Toyota AI Ventures views cities as a platform for innovation, and this year’s global call for innovation focused on attracting and investing in early-stage startups that are building solutions for smart and connected cities in the areas of artificial intelligence, robotics, autonomy, mobility, cloud, or data. [Read more…] about Toyota venture fund invests in robotic kitchen startup

Automating image-based inspection with artificial intelligence

by Leave a Comment

High demands on products as well as high time and cost pressure are decisive competitive factors across all industries and sectors.

Whether in the food or automotive industry quality, safety and speed are today more than ever before factors that determine the success of a company.

Zero-defect production is the goal. But how can it be guaranteed that only flawless products leave the production line? [Read more…] about Automating image-based inspection with artificial intelligence

Driving the future: How AI will shape the fleet industry

by Leave a Comment

Artificial intelligence (AI) is simply an intelligent machine.

Unlike a human’s natural intelligence, AI is where a machine has been programmed to possess intelligence which can help make jobs and tasks easier for us.

It’s used in many industries, but one where it is already present and going to thrive further is in the fleet industry. [Read more…] about Driving the future: How AI will shape the fleet industry

What Role is AI and Technology Playing in the Fight Against Covid-19?

by Leave a Comment

With no effective antiviral therapy or vaccine currently available, the strategy for managing Covid-19 in October 2020 and into the foreseeable future; could be best described as “containment, tracking and mitigation”.

Digital technologies have been key in the management and ‘flattening of the curve’ in terms of infection rates across many countries. Surveillance, testing, contact tracing, quarantine and health care can all potentially benefit from the integration of digital technology. [Read more…] about What Role is AI and Technology Playing in the Fight Against Covid-19?

Senseye secures investment from two giants of Japanese industry

by Leave a Comment

Senseye, an industrial Asset Performance Management company, has secured new investment from NTT DOCOMO Ventures and Sony Innovation Fund. The investment, also supported by existing investors, will drive Senseye’s expansion into the Japanese market and expand its research activities for its proprietary Artificial Intelligence solutions.

Simon Kampa, CEO of Senseye, comments: “We look to Japan for inspiration in manufacturing excellence. Indeed, we derived Senseye from the Japanese word Sensei to highlight that connection. We are therefore pleased and proud to receive this new investment from two leading Japanese businesses.”

The company’s Predictive Maintenance solution, Senseye PdM, has recently been deployed by some of the world’s largest companies in the automotive, food and beverage, packaging, and metals & mining sectors. Its AI is continuously analyzing millions of data points, in real-time, ensuring that none of its customers experience any unplanned downtime. Customers have reduced unplanned downtime by over 50 percent, streamlined spare-parts inventories, and cut maintenance costs by up to 40 per cent.

NTT DOCOMO Ventures and Sony Innovation Fund joins an existing group of investors, which includes MMC, Breed Reply and IQ Capital, with the investment validating the leadership position Senseye has gained within the Predictive Maintenance space.

Takayuki Inagawa, President and CEO of NTT DOCOMO Ventures, comments: “We are impressed by Senseye’s asset and data-agnostic approach, allowing their solution to be used on any machine and therefore significantly lowering the implementation barrier for factories of all scale. Beyond our investment, we look forward to promoting a partnership between Senseye and NTT DOCOMO’s innovative 5G industrial platform, enabling both mid and large tier industrial businesses to accelerate their digital journeys.”

“Senseye is the leading provider of Predictive Maintenance software, delivering real operational efficiencies with an unrivalled Return on Investment,” said Gen Tsuchikawa, Chief Investment Manager of Sony Innovation Fund. “Their solution provides a unique approach to delivering Predictive Maintenance at a scale not possible with other approaches. We look forward to working with Senseye to support their ambitions in Japan and beyond.”

Senseye has also established a leading ecosystem of global industrial partners, such as Bentley, Schneider Electric, Siemens and PTC, to enable it to offer a full stack of advanced digital solutions to its customers. To top it off, Senseye PdM is the only product that guarantees its performance through its insurance-backed ROI Lock™, offered as standard to all customers.

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close