Tag: general
-
Will Artificial Intelligence Lead to Widespread Job Losses?
Artificial Intelligence (AI) has been in the news for quite some time, with Hollywood unions striking over fears of how it can be used. What does it mean for the rest of us? Will AI replace our jobs or change the way we live? A fact that is scary to many people is that whatever…
-
Distalmotion raises $150 million for its robotic surgery system
Distalmotion has raised $150 million in new financing. The company says this “significant fundraise reinforces the confidence” of its existing investors led by Revival Healthcare Capital. Dexter, Distalmotion’s robotic platform, is in day-to-day clinical use in Europe, successfully treating patients across a multitude of complex and high-volume procedures in general surgery, gynecology, urology.
-
Fanuc plans to double Michigan campus to accommodate ‘automation demand’
Fanuc, the world’s largest manufacturer of industrial robots, has launched a West Campus expansion that will push its operational space in Oakland County, Michigan to nearly two million square feet. The construction will include a 655,000 square foot state-of-the-art facility to house manufacturing, engineering and R&D projects. This investment in Michigan’s growing manufacturing area includes…
-
Apptronik raises $15 million for its humanoid robots
Apptronik, an Austin-based robotics company specializing in the development of exoskeletons and collaborative robotics systems, says it raised $14.6 million in a Seed Round, including Capital Factory, Grit Ventures, Perot Jain and other strategic investors. This funding will go toward fulfilling the company’s current customer orders while accelerating the commercialization of one of the industry’s…
-
General Motors to invest $7 billion in Michigan facilities to ramp up electric vehicle production to 1 million units
General Motors says it will invest more than $7 billion in four Michigan manufacturing sites, creating 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. This is the single largest investment announcement in GM history. The investment includes construction of a new Ultium Cells battery cell plant in…
-
Fanuc launches new 1,000 kg payload industrial robotic arm
Fanuc America, the world’s largest maker of industrial robots, has introduced the new M-1000iA robot capable of handling very heavy products including automotive components, construction materials and battery packs for electric vehicles. The M-1000iA’s serial-link construction gives the robot a wider range of motion in every direction. It can extend its arm upright or rotate…
-
GM to supply Navistar with Hydrotec fuel cells for electric vehicles while Volvo and Scania highlight their own electrification initiatives
General Motors will supply its Hydrotec fuel cell power cubes to truck-making giant Navistar for use in its production model fuel cell electric vehicle (FCEV) – the International RHTM Series. Navistar’s FCEV will get energy from two GM Hydrotec fuel cell power cubes. Each Hydrotec power cube contains 300-plus hydrogen fuel cells along with thermal…