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Fabric raises $110 million in new investment round backed by Kraft Heinz

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On-demand fulfillment services startup Fabric has raised an additional investment to its Series B round from Evolv Ventures, the investment arm of Kraft Heinz, one of the largest global food and beverage companies in the world.

Led by a team of food, startup, and venture capital veterans, Evolv Ventures is focused on strategic investments in emerging technologies across the food value chain.

Their undisclosed additional investment to the $110 million-dollar round is a resounding vote of confidence from a leading food tech investor and the iconic food company. [Read more…] about Fabric raises $110 million in new investment round backed by Kraft Heinz

CloudMinds partners with Sprint to develop 5G humanoid robot

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CloudMinds has unveiled the XR-1, which it describes as “one of the first intelligent 5G humanoid robots”.

CloudMinds Technology is a provider of cloud artificial intelligence architecture that makes robots and businesses smarter.

The company demonstrated its “revolutionary” XR-1 robot interact with guests at the Sprint exhibit at Mobile World Congress Los Angeles this week. [Read more…] about CloudMinds partners with Sprint to develop 5G humanoid robot

CloudMinds opens cloud robotics support centre in Chile

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CloudMinds Technology, a provider of cloud artificial intelligence architecture for robots, has opened a new support centre in Santiago, Chile.

The company says the office will expand support for customers across Mexico and South America. The new operation will report to the company’s global co-headquarters in Santa Clara, California.

said Robert Zhang, company co-founder and president of international business development, says: “Our new operation in Latin America is a reflection of the continued global momentum CloudMinds has been building, driven by our proprietary cloud artificial intelligence architecture and cloud robot solutions that are already helping to transform various industry verticals around the world. [Read more…] about CloudMinds opens cloud robotics support centre in Chile

Connected world: The death of proprietary networks

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smart kettle

Jonathan Wilkins, marketing director of EU Automation, takes a look at one of the casualties of fluid communication in the factory – that is, the death of proprietary networks and communication protocols in favour of the uninhibited free flow of data 

Like it or not, we live in modern world of fluidity and interconnectedness in which the once ordinary now transcends all previous boundaries.

Take the humble kettle for instance. It’s a sign of the times that you can now purchase a kettle you can control from your phone via the internet. It will even send you notifications when it needs filling or if it’s at optimum temperature. Because it was hard to tell before.

Joking aside, one place where interconnectivity really is making a difference is on the factory floor.  [Read more…] about Connected world: The death of proprietary networks

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