Robotics & Automation News

Where Innovation Meets Imagination

investments

Indicators for Timing Your Bitcoin Investments

by

Dive into the world of Bitcoin investments with a keen eye on timing. Explore the crucial role timing plays in maximizing returns and mitigating risks in the volatile cryptocurrency market.

This article delves into key indicators and strategies, offering insights to inform your investment decisions. Go https://immediate-bitcoin.com/ to connect with educational experts to master the timing of your Bitcoin investments using key market indicators. [Read more…] about Indicators for Timing Your Bitcoin Investments

Interconnected Chains: Bitcoin’s Cosmic Investment Odyssey

by

The cryptocurrency landscape has undergone significant evolution, marked by the emergence of interconnected chains that have reshaped the industry.

Bitcoin, as the trailblazer in decentralized digital currency, is adapting to its role within a multi-chain ecosystem like Cosmos.

This article delves into the intricacies of this transformative shift, emphasizing the importance of Bitcoin investments in the Cosmos network. [Read more…] about Interconnected Chains: Bitcoin’s Cosmic Investment Odyssey

Project 3 Mobility raises €100 million to develop autonomous driving ecosystem

by

Project 3 Mobility, a Croatian company developing a new ecosystem of urban autonomous mobility, has closed its Series A investment round, growing the total amount raised from private investors to approximately €100 million.

In this significant investment round, Project 3 Mobility (P3) – a company developing its own autonomous electric vehicle, specialised infrastructure, and mobility service – gathered strong interest and support from leading global companies and investment funds. The investment is laying a solid foundation for the company’s future development and growth.

TASARU Mobility Investments (TASARU) – a company fully owned by the Public Investment Fund (PIF), one of the largest sovereign funds in the world – invested in Project 3 Mobility, making this their first investment in the next-generation technology sector and the first outside of the Kingdom of Saudi Arabia. [Read more…] about Project 3 Mobility raises €100 million to develop autonomous driving ecosystem

Bitcoin Buzz: Is 2024 the Year for Crypto Investments?

by

What is Bitcoin?

Bitcoin is the leader of the cryptocurrency pack, a new way of sending and receiving money without any middlemen. With only 21 million Bitcoins in existence, mined through an intricate process, these digital assets stand distinct from their counterparts.  [Read more…] about Bitcoin Buzz: Is 2024 the Year for Crypto Investments?

Indxx licenses robotics and AI themed investment vehicle for Korean ETF

by

Indxx has gained the licensing of its Indxx Global Robotics & Artificial Intelligence Thematic Index Methodology to Mirae Asset Global Investments as the underlying benchmark for the TIGER Global AI & Robotics Indxx ETF (Ticker:464310) which began trading recently on the Korea Exchange (KRX).

Indxx Global Robotics & Artificial Intelligence Thematic Index is designed to track the performance of companies listed in developed markets that are expected to benefit from the increased adoption and utilization of Robotics and Artificial Intelligence, including companies involved in Industrial Robotics and Automation, Non-Industrial Robots, Artificial Intelligence and Unmanned Vehicles.

Rahul Sen Sharma, CEO at Indxx, says: “Artificial intelligence is poised to define this decade. We are seeing tremendous adoption of Robotics and AI exposure. [Read more…] about Indxx licenses robotics and AI themed investment vehicle for Korean ETF

Swiss agritech startup Ecorobotix raises $52 million in new funding

by

Ecorobotix, the Swiss manufacturer of ARA, an AI powered plant-by-plant recognition and a precision smart sprayer system, has completed a $52 million (CHF 46 million) funding round.

The round was jointly led by AQTON Private Equity and Cibus Capital, with additional investments from Swisscanto Invest/Swisscanto Growth Fund I, Yara Growth Ventures, Flexstone Partners, and from existing investors including Swisscom Ventures, BASF Venture Capital, 4FOX Ventures, and Verve Ventures.

The funding will accelerate Ecorobotix’s geographic expansion across new and existing markets and accelerate new product development. [Read more…] about Swiss agritech startup Ecorobotix raises $52 million in new funding

mHUB investing $50 million to build ‘largest independent manufacturing center in America’

by

Historic 80,000 sq ft facility in Chicago Near West Side Opportunity Zone will expand to make mHUB the ‘largest independent manufacturing center in US’

Manufacturing and “hardtech” innovation center, mHUB, is investing $50 million in the acquisition and build-out of a historic manufacturing facility within Chicago’s Kinzie Industrial Corridor on the city’s Near West Side.

The building is located within a designated Opportunity Zone and planned manufacturing district on a 2-acre site that will increase mHUB’s prototyping and testing facilities and office and convening spaces to become the largest independent manufacturing innovation center in the country.

Launched in 2017, mHUB has supported over 500+ startups and 200 manufacturers from all over the world that have created 5,000+ jobs and generated over $2.6 billion of economic activity. [Read more…] about mHUB investing $50 million to build ‘largest independent manufacturing center in America’

Global semiconductor manufacturing equipment sales reach all-time record $108 billion

by

Worldwide sales of semiconductor manufacturing equipment increased 5 percent from $102.6 billion in 2021 to an all-time record of $107.6 billion last year, SEMI, the industry association representing the global electronics design and manufacturing supply chain.

The data is now available in the Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.

For the third consecutive year, China remained the largest semiconductor equipment market in 2022 despite a 5 percent slowdown in the pace of investments in the region year over year, accounting for $28.3 billion in billings. [Read more…] about Global semiconductor manufacturing equipment sales reach all-time record $108 billion

General Motors to invest $7 billion in Michigan facilities to ramp up electric vehicle production to 1 million units

by

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 Lansing and the conversion of GM’s assembly plant in Orion Township, Michigan for production of the Chevrolet Silverado EV and the electric GMC Sierra, GM’s second assembly plant scheduled to build full-size electric pickups.

Mary Barra, GM chair and CEO, says: “We are taking the next step in our continuous work to establish GM’s EV leadership by making investments in our vertically integrated battery production in the US, and our North American EV production capacity. [Read more…] about General Motors to invest $7 billion in Michigan facilities to ramp up electric vehicle production to 1 million units

SoftBank to halt production of Pepper and reduce its robotics business, says Reuters

by

SoftBank, the Japanese telecommunications giant which has in the past few years become a huge force in the robotics market, is set to halt production of Pepper, the humanoid robot, according to a report by Reuters. 

The news agency cites sources and documents to say that “production of the humanoid Pepper… was stopped last year”, adding that “it would be costly to restart production”.

Pepper was being manufactured by Foxconn, famous for being Apple’s main manufacturer. [Read more…] about SoftBank to halt production of Pepper and reduce its robotics business, says Reuters