Source: shutterstock.com/sdecoret Investor interest in robotics stocks is soaring. The evolution of the industrial Internet of Things (IoT) sets the stage for remarkable growth in the sector. And robotics companies are stepping up as the power players of a new industrial revolution. The Robotics Business Review’s September 2023 report underscores this trend, with robotics funding…
Updated Oct. 25 with an analyst quote A decade ago the DARPA Robotics Challenge pumped tens of millions of dollars of investment into American robotics innovation, stimulating development of everything from humanoid robots to self-driving cars. Today overall government investment seems to be slowing, putting U.S. robotics leadership at risk in a world that is…
AUSTIN, July 11 (Reuters) – A key way that Amazon’s (AMZN.O) cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing on price, an executive said on Tuesday. The AI models behind a viral chatbot like ChatGPT require immense computing power to train and…
Industrial Automation: Who Leads the Robot Race? The advent of industrial robotics has triggered a wave of automation that is progressively sweeping across global industries. Countries that deploy these robots in great numbers are likely to increase their productivity and lower their costs of production. With this in mind, the graphic above from our sponsor…
