Thanks to advancements in artificial intelligence, household robots are getting smarter and could soon evolve far beyond their current roles as mostly self-guided vacuum cleaners. MIT engineers are working on a method that enhances the intelligence and adaptability of household robots, integrating them with large language models...
“Build a better mousetrap, and the world will beat a path to your door.” So goes the old saying. But when Amazon Robotics Fulfillment scoffed at an imminent warehouse automation revolution back in 2014, at least one firm thought it could do it better —...
Global warehouse robotics company Exotec has closed a Series D funding round for $335 million at a $2 billion valuation, and it plans to use the fresh capital to launch large-scale deployments in North America, Europe and Asia for a number of global brands, according...
February 02, 2022
“Build a better mousetrap, and the world will beat a path to your door.” So goes the old saying. But when Amazon Robotics Fulfillment scoffed at an imminent warehouse automation revolution back in 2014, at least one firm thought it could do it better — and faster. It was a crucial moment for the next […]
January 17, 2022
Global warehouse robotics company Exotec has closed a Series D funding round for $335 million at a $2 billion valuation, and it plans to use the fresh capital to launch large-scale deployments in North America, Europe and Asia for a number of global brands, according to a Monday (Jan. 17) press release. Exotec is also […]
