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Renowned futurist Ray Kurzweil reportedly raising $100 million to build humanoid robots

May 22, 2025 by Sam Francis

Beyond Imagination, a humanoid robot startup co-founded by acclaimed inventor and futurist Dr Ray Kurzweil, is reportedly in discussions to secure a significant $100 million investment, according to a report on the Reuters website.

The news agency, citing sources familiar with the matter, indicated that these talks are for a Series B funding round.

While the specific investors have not been publicly disclosed in the initial Reuters report, such a substantial investment would mark a significant step forward for the company operating in the burgeoning field of advanced robotics. [Read more…] about Renowned futurist Ray Kurzweil reportedly raising $100 million to build humanoid robots

Filed Under: Humanoids, News Tagged With: ai, artificial intelligence, beyond imagination, humanoid robots, ray kurzweil, robotics, series b, startup funding, tech investment, venture capital

Dubai-based robotics company Micropolis plots growth course after its NYSE debut

May 21, 2025 by Sam Francis

Over two months after its March 7, 2025 debut on the NYSE American exchange (MCRP), Dubai-based robotics company Micropolis is focused on translating its autonomous robotics innovations into commercial success.

The firm, specializing in smart city robots, raised $15.5 million in its IPO and currently holds a market capitalization of approximately $76 million as of mid-May 2025.

Now, the challenge lies in scaling operations and achieving profitability. [Read more…] about Dubai-based robotics company Micropolis plots growth course after its NYSE debut

Filed Under: Features, Financials & Investments Tagged With: ai, autonomous vehicles, dubai, ipo, mcrp, micropolis, nyse, robotics, smart city, urban technology

Nvidia releases new AI tools and platforms to ‘accelerate humanoid development’

May 20, 2025 by Sam Francis

Nvidia is making significant strides in the field of humanoid robotics with the unveiling of new technologies and platforms designed to power the next generation of robots.

The company’s latest offerings aim to streamline the development process, from training and simulation to deployment.

A key announcement is the first update to Nvidia Isaac GR00T N1.5, an open and customizable foundation model for humanoid reasoning and skills. [Read more…] about Nvidia releases new AI tools and platforms to ‘accelerate humanoid development’

Filed Under: Computing, News Tagged With: ai, artificial intelligence, humanoid robots, isaac groot, machine learning, nvidia, physical ai, robot development, robotics, simulation

Automate 2025: North America’s biggest industrial automation event

May 10, 2025 by David Edwards

Automate 2025 – which starts Monday – is North America’s largest robotics and automation event, a key meeting point for professionals in this rapidly evolving field.

Since its beginnings in 1976 as the first “Robots Show”, it has grown and adapted, becoming Automate in 2011 after merging with other industry events. Recognizing the increasing importance of automation, Automate became an annual standalone event in 2022.

The goal of Automate 2025 is to showcase the latest advancements across various industries. The event features an extensive exhibition with over 800 exhibitors presenting their newest robotics and automation technologies. [Read more…] about Automate 2025: North America’s biggest industrial automation event

Filed Under: Features, Industry Tagged With: ai, ai in manufacturing, amr, Automate 2025, automation conference, autonomous mobile robots, cobots, collaborative robots, conference, detroit, detroit manufacturing event, factory automation, industrial automation, industrial automation show, industrial technology trade show, manufacturing, robotics, robotics trade show, trade show

Benefits of AI in construction project management

April 25, 2025 by Mark Allinson

Behind every construction project is a network of tasks, teams, and deadlines, where even small disruptions can lead to costly delays.

Despite technological advancements, including the rise of AI in construction project management, the industry continues to face budget overruns, labor shortages, supply chain disruptions, and safety risks.

Studies state that large projects take 20% longer than planned and exceed budgets by up to 80%. Poor data management alone costs the industry $1.8 trillion annually, with $88 billion lost to avoidable rework. [Read more…] about Benefits of AI in construction project management

Filed Under: Construction Tagged With: ai, aurigo, bathydrone, construction, lumina, management, manager, project, risk

Nvidia to manufacture its AI supercomputers in the US for the first time

April 18, 2025 by Mark Allinson

Nvidia says it will manufacture its AI supercomputers in the United States for the first time, working with a network of partners to expand domestic production and strengthen its supply chain.

The company has commissioned more than a million square feet of manufacturing space in Arizona and Texas to support the initiative.

Production of Nvidia’s latest Blackwell chips is already under way at TSMC’s facilities in Phoenix, while supercomputers based on the new chips will be assembled and tested at new facilities being developed in Texas. [Read more…] about Nvidia to manufacture its AI supercomputers in the US for the first time

Filed Under: Manufacturing, News Tagged With: ai, AI data centers, AI factory infrastructure, American semiconductor production, Blackwell chips, Foxconn Houston, Jensen Huang NVIDIA, manufacturing, nvidia, NVIDIA AI supercomputers, supercomputers, TSMC Arizona, US chip manufacturing, Wistron Dallas

Xaba raises $6 million to build ‘synthetic brains’ for industrial robots

April 17, 2025 by Mark Allinson

Xaba, a startup which says it is building “synthetic brains for industrial robots with zero code”, has secured a $6 million seed extension to accelerate the deployment of AI-powered robotics and cognitive industrial control systems.

The round was led by Hitachi Ventures with participation from Hazelview Ventures, BDC Capital, Exposition Ventures, and Impact Venture Capital.

Industrial automation today remains highly inefficient, relying on outdated controllers, rigid programming, and extensive manual intervention. [Read more…] about Xaba raises $6 million to build ‘synthetic brains’ for industrial robots

Filed Under: Artificial Intelligence, News Tagged With: ai, brains, build, industrial, robotics, robots, synthetic, xaba

Autonomous truck startup Kodiak to go public

April 14, 2025 by Mark Allinson

Autonomous trucking startup Kodiak Robotics is to go public through a merger with Ares Acquisition Corporation II, a special purpose acquisition company affiliated with Ares Management Corporation.

The deal will make Kodiak a publicly listed company under the name Kodiak AI, with shares expected to trade under the ticker symbols KDK and KDK WS, pending regulatory approval.

Founded in 2018 by autonomy pioneer Don Burnette, Kodiak has emerged as a leading player in driverless trucking, developing an AI-powered automated driving system known as the Kodiak Driver. [Read more…] about Autonomous truck startup Kodiak to go public

Filed Under: Autonomous Vehicles, News Tagged With: ai, AI trucking technology, Ares Acquisition Corporation II, autonomous, autonomous trucking, commercial autonomous vehicles, driverless freight, kodiak, Kodiak IPO, kodiak robotics, listing, market, public, robotics, self-driving trucks, SPAC merger, startup, stock, truck, trucking industry innovation

Dexterity launches dual-armed ‘superhumanoid’ robot

April 12, 2025 by Mark Allinson

Dexterity, a developer of robotics and physical AI, has launched what it describes as the world’s first “industrial superhumanoid” robot.

Named Mech, the new platform is designed to tackle strenuous and repetitive tasks in logistics and manufacturing environments – tasks traditionally handled by human workers.

Equipped with two powerful robotic arms mounted on a mobile base, Mech is built to autonomously navigate through warehouse aisles or industrial sites and perform physically demanding operations such as truck loading, palletizing, depalletizing, and order picking. [Read more…] about Dexterity launches dual-armed ‘superhumanoid’ robot

Filed Under: Industrial robots, News Tagged With: ai, ai in manufacturing, dexterity, Dexterity Mech robot, dual-arm robots, dual-armed, humanoid robots, industrial robots, logistics automation, physical ai, robot, robotic truck loading, superhuman robot strength, superhumanoid, warehouse automation

Wyyt launches AI-powered robotics for agile manufacturing

April 4, 2025 by David Edwards

Wyyt, a developer of adaptive robotics for agile manufacturing, has launched “groundbreaking robotic solutions” designed specifically to help manufacturers quickly automate production line tasks without disrupting existing production processes.

Autonomous production lines powered by Wyyt enable companies in high-cost-of-living countries to bring production home, simplify logistics, and protect intellectual property.

Wyyt’s customers, including a Fortune 500 medical device manufacturer, and a leading specialty protective equipment supplier in Norway, benefit from increased flexibility, rapid deployment, and significant cost savings. [Read more…] about Wyyt launches AI-powered robotics for agile manufacturing

Filed Under: Manufacturing, News Tagged With: adaptive, agile, ai, automate, automation, manufacturing, production, robotics, robots, solutions, wyyt

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