News Muncher - searching for billion

2 days, 4 hours ago

The AI robots on their way will mostly be made in Asia

Over the past year, I’ve noticed an overwhelming theme emerge when Asian tech leaders look at what comes next for artificial intelligence. The experience I’ve had tuning in to many executive chats and tech conferences could best be summed by Nvidia Chief Executive Officer Jensen Huang’s proclamation in Taipei in June. While the US is the leader in AI advances—and …

Japan Tech Asia Robotics Ai Robots

Tesla's Q3 Results: A Strong Comeback for the EV Giant

ABP News

Tesla's Q3 net income rises 17% on strong sales, marking a turnaround for the company. The strong performance is attributed to robust electric vehicle (EV) sales, with the company projecting a 20-30% increase in sales for 2025. Tesla's cost-saving efforts have also contributed to the improved financial performance, with the gross profit margin reaching its highest level in a year.

Law Technology Artificial Intelligence Robotics Austin

5 months ago

Foxconn to invest 1b yuan in new headquarters

China Daily

The logo of Foxconn is seen at Longhua district, Shenzhen, Guangdong province, Sept 3, 2022. Foxconn Technology Group, the world's largest electronics manufacturing contractor, plans to invest 1 billion yuan to establish a new business headquarters in Zhengzhou, Henan province, as it has signed a strategic partnership with the provincial government. With a construction area of approximately 70,000 square meters, …

Foxconn Henan Province

5 months ago

Could AI robots with lasers make herbicides — and farm workers — obsolete?

LA Times

The smell of burnt vegetation wafted through a lettuce field here one recent summer morning as nearly 200 farmers, academics and engineers gathered to witness the future of automated agriculture. “It’s a hurdle for people to get over, but the reality is, the numbers don’t lie,” said Tim Mahoney, a field representative for Carbon Robotics, a Seattle-based company that created …

Labor California Ai Field Weed Weeds Farm

6 months, 3 weeks ago

Tech giants embracing humanoid robots

China Daily

A humanoid robot demonstrates electro-welding skills. "Currently, new technologies, products and formats represented by humanoid robots and general artificial intelligence are thriving and becoming the pinnacle of global technological innovation, a new track for future industries and a new engine for economic growth," said Xu Xiaolan, former vice-minister of industry and information technology and a member of the Standing Committee …

China Research Xiaomi Chinese Ai Robots Humanoid

7 months ago

Horizon Robotics revving up smart vehicle ops

China Daily

Visitors gather at the booth of Horizon Robotics during an automobile expo in Shanghai in April 2023. Horizon Robotics, a Chinese provider of intelligent driving technologies to major automakers like Volkswagen and BYD, is stepping up its push to tap into the burgeoning market for intelligent vehicles. "We strive to empower every passenger vehicle with our advanced driver assistance systems …

China Market Vehicles Robotics Driving Billion Vehicle

8 months ago

One small step for humanoids, a giant step for industry

China Daily

By WANG KEJU | China Daily | Updated: 2024-04-25 07:44 Humanoid robots are on display at the World Robot Conference held in Beijing in August last year. The robot, Walker S produced by Chinese AI and humanoid robotics company UBTech Robotics, offers a glimpse into a future where humanoid robots could be seamlessly integrated into various industries. A separate report …

China Development Robotics Chinese Beijing Zhang Robot

11 months, 3 weeks ago

Robot maker debuts on HK exchange

China Daily

Accompanied by a humanoid robot developed by his company, Zhou Jian, chairman and CEO of UBTech Robotics, rings the opening bell at the Hong Kong Stock Exchange on Friday. CHINA DAILY For the first time in its 132-year history, a humanoid robot rang the opening bell at the Hong Kong Stock Exchange on Friday, floating Shenzhen-based robot developer UBTech Robotics …

China Robotics Company Robots Humanoid Humanoid Robots Ubtech Robotics

11 months, 3 weeks ago

Robot maker debuts on HK exchange

China Daily

Accompanied by a humanoid robot developed by his company, Zhou Jian, chairman and CEO of UBTech Robotics, rings the opening bell at the Hong Kong Stock Exchange on Friday. CHINA DAILY For the first time in its 132-year history, a humanoid robot rang the opening bell at the Hong Kong Stock Exchange on Friday, floating Shenzhen-based robot developer UBTech Robotics …

China Robotics Company Humanoid Robots Ubtech Ubtech Robotics Robot Market

1 year, 4 months ago

Nation's robotics industry makes big strides

China Daily

Visitors check out a tea making robot on the opening day of the World Robot Conference in the Beijing Economic-Technological Development Area on Wednesday. WANG JING / CHINA DAILY China is willing to work with the international community to accelerate the application of robotics in a wider range of fields, create an open and inclusive development environment, and encourage foreign …

China Innovation World Development Industry Robotics Industrial

1 year, 5 months ago

Rise of the robots a lift for Shanghai

China Daily

Name: Atlas Manufacturer: Boston Dynamics Height: 150 cm Weight: 89 kg Capabilities: The robot can deliver high power to any of its 28 hydraulic joints for feats of mobility. Shanghai vision China has formed a complete robotic industrial chain with sizable scale and quantity, said Shen Nanyan, executive vice-director of the Shanghai Key Laboratory of Intelligent Manufacturing and Robotics at …

China Industrial Shanghai Cao Robot Robots

1 year, 5 months ago

India’s largest robotics firm Addverb aims Rs 8,000 cr revenue in 5 yrs; to invest Rs 500 cr in manufacturing

India TV News

The largest robotics company in India, Addverb, which is owned by Reliance Retail, expects to surpass Rs 8,000 crore in revenue in five years, with scaling up of manufacturing operations and diversifying target market base, a senior company official said. The company will invest Rs 500 crore in its Greater Noida-based robot manufacturing facility in phases to realise USD 1-billion …

India Manufacturing Company Revenue Crore This Year Invest

2 years, 2 months ago

Volkswagen to take 60% stake in $2 bln tech JV with China's Horizon Robotics

The Hindu

Volkswagen's software unit Cariad will spend more than $2 billion and take a 60% stake in a new venture with Chinese technology firm Horizon Robotics, it said on Thursday, tackling two big challenges: software and the Chinese market. In contrast to the partnership with Qualcomm, Volkswagen's software unit Cariad will play an active role in developing the chip technology with …

China Tech Chinese Byd Volkswagen Horizon Robotics

2 years, 4 months ago

Amazon to buy vacuum maker iRobot for roughly $1.7B

Associated Press

NEW YORK — Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns from anti-monopoly and privacy advocates about Amazon’s market power and ability to gain deeper insights into consumers’ lives. Amazon hasn’t had much success …

Market Amazon Company Vacuum Roomba Irobot

2 years, 4 months ago

Global consumer service robotics market to continue to grow through 2025, report says

The Hindu

The global consumer service robotics market grew last year, and the trend is expected to extend over the next three years, according to a report yesterday by Counterpoint. The consumer service robotics market grew 25% in 2021 from the previous year and is estimated to grow at a compound annual growth rate of 27% over the next four years, according …

Grow Robots Counterpoint

54 years, 11 months ago

The US Throws $52 Billion at Chips—but Needs to Spend It Wisely

Wired

Congress passed the CHIPS and Science Act on Thursday, a $280 billion package that includes $52 billion in funding available to companies that manufacture semiconductor chips stateside. Although chipmaking was pioneered in the US and Intel dominated the global market for advanced computer chips for decades, competition from Asian firms and Intel’s own missteps have seen that influence wane considerably …

Bill Intel Semiconductor Chips

2 years, 10 months ago

Hyundai Mobis Plans to Invest up to $6.72 Billion on Auto Chips, Robotics

News 18

Hyundai Mobis, the auto parts making unit of Hyundai Motor Group, plans to spend up to $6.72 billion in the next three years to bolster auto chips, mobility and other areas as its future growth drivers. Of the envisioned eight trillion won plan, it will spend about 3-4 trillion won to boost its competitiveness in semiconductor, software and autonomous driving …

Cent Hyundai Hyundai Mobis

3 years, 3 months ago

Samsung to invest $205 billion in tech, robotics, creating 40,000 new jobs

Firstpost

The announcement comes just days after Lee Jae-yong, the de-facto leader of the conglomerate, walked out of prison on parole after completing only about half of his jail term. Samsung Group unveiled a $205 billion investment blueprint on Tuesday aimed at making the company a leader in a range of technologies from semiconductors to robotics and creating 40,000 new jobs. …

Samsung South Korea

4 years, 2 months ago

Qingdao zone sets lofty goals for robotics industry

China Daily

The Qingdao National High-tech Industrial Development Zone plans to develop into the largest industrial center for robotics in Northern China and has issued measures to facilitate industrial development. The Qingdao National High-tech Industrial Development Zone Official data show that the high-tech zone is currently home to more than 100 projects related to robotics, which have received a total of more …

Industrial Qingdao Development Zone Robotics Companies

4 years, 5 months ago

Jining ramps up industrial robotics development

China Daily

Twenty industrial robots were rolled out on the first day of operations at the Jining Robot Industrial Park on June 24. Located in Zoucheng, a county-level city in Jining, the park is aimed at supporting the city's industrial transformation and development of its intelligent equipment industry, said Luan Tao, vice mayor of Zoucheng. The Jining Robot Industrial Park begins operations …

Industrial Park Robot Jining Zoucheng

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Articles for Robotics, search results for billion

The AI robots on their way will mostly be made in Asia

Tesla's Q3 Results: A Strong Comeback for the EV Giant

Foxconn to invest 1b yuan in new headquarters

Could AI robots with lasers make herbicides — and farm workers — obsolete?

Tech giants embracing humanoid robots

Horizon Robotics revving up smart vehicle ops

One small step for humanoids, a giant step for industry

Robot maker debuts on HK exchange

Robot maker debuts on HK exchange

Nation's robotics industry makes big strides

Rise of the robots a lift for Shanghai

India’s largest robotics firm Addverb aims Rs 8,000 cr revenue in 5 yrs; to invest Rs 500 cr in manufacturing

Volkswagen to take 60% stake in $2 bln tech JV with China's Horizon Robotics

Amazon to buy vacuum maker iRobot for roughly $1.7B

Global consumer service robotics market to continue to grow through 2025, report says

The US Throws $52 Billion at Chips—but Needs to Spend It Wisely

Hyundai Mobis Plans to Invest up to $6.72 Billion on Auto Chips, Robotics

Samsung to invest $205 billion in tech, robotics, creating 40,000 new jobs

Qingdao zone sets lofty goals for robotics industry

Jining ramps up industrial robotics development