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How These 4 Tax Implications Affect Automation Contracts

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Taxes and automation might not seem connected, but they intersect in surprising ways. Contracts involving robotics introduce unique financial considerations, especially with independent contractors or freelancers.

Tax implications aren’t just legal obligations; they influence decision-making in drafting agreements. Businesses must factor in how tax codes treat equipment usage, R&D credits, and even foreign partnerships.

What about individual workers managing 1099s for tech-driven gigs? Or companies grappling with compliance as their workforce evolves alongside innovation? The automation era transforms how taxes work. [Read more…] about How These 4 Tax Implications Affect Automation Contracts

Nauticus to supply Aquanaut to Petrobras Brazil

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Nauticus Robotics, a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, has been awarded a contract with Petrobras, one of the world’s largest energy companies, to deploy Aquanaut, the company’s autonomous subsea robot, to support Petrobras’ offshore activities.

Petrobras has ramped up efforts recently in robotics and artificial intelligence and is pioneering their application to the offshore sectors.

Toward that end, this relevant contract was competitively awarded to Nauticus and will utilize Aquanaut in Petrobras’ Deepwater Production Field using supervised autonomy for infield inspection services. [Read more…] about Nauticus to supply Aquanaut to Petrobras Brazil

PickNik Robotics secures two new NASA contracts

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PickNik Robotics, a leading provider of advanced robotic solutions, is pleased to announce its success in securing two Small Business Innovation Research (SBIR) contracts with NASA.

These prestigious contracts highlight PickNik Robotics’ continued expertise in developing cutting-edge technologies for autonomous robotic manipulation, utilization, and maintenance, as well as integrated mission planning and execution for space operations.

The first SBIR award focuses on a groundbreaking project titled “A Framework for Failure Management and Recovery for Remote Autonomous Task Planning and Execution”. [Read more…] about PickNik Robotics secures two new NASA contracts

The Impact of AI and ChatGPT on Crypto and the Finance Niche

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When we take a moment to consider just how the world has changed in the last ten years, it’s no secret that tech is going to be the biggest theme throughout a host of industries; one of the biggest being the finance niche.

With the inception of digital currencies and blockchain functionality, it seems that innovations no one could have predicted just a decade ago are disrupting the industry almost every week.

One such revolution has had an unforeseen impact and that’s the development of AI, specifically the chatbot ChatGPT – and as a result, the current and future implications for both fiat and digital currencies are the hot topic of 2023. [Read more…] about The Impact of AI and ChatGPT on Crypto and the Finance Niche

The 5 Kinds of Contracts Every AI or Robotics Company Should Have

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The AI/robotics world is still a relatively new one, and therefore the laws governing their usage are still in the process of being formed. Nonetheless, it is critical that contracts for AI/robotics be utilized in their sale/usage as these machines require the same type of protection that other services do.

Which contracts need to be signed, though? Well, there are five major types that every company in the industry should make note of so as not to fall victim to data leaks, sub-par services, or other unexpected problems. [Read more…] about The 5 Kinds of Contracts Every AI or Robotics Company Should Have