Amazon is discontinuing its security robot designed for small and medium-sized businesses (SMBs) about eight months after introducing it. The company will instead concentrate its efforts in this field on household robots, Reuters reported Wednesday (July 3). Amazon launched the Amazon Astro robot for household...
Canada’s Sanctuary AI has landed new funding to create “humanlike intelligence in general purpose robots.” The unspecified funding amount, announced Wednesday (July 3), came from venture capital investor BDC Capital and the province of British Columbia’s InBC fund, and brings total investment in Sanctuary to more...
Chip maker Nvidia announced on Monday (June 17) a new type of artificial intelligence (AI) simulation software in an attempt to turbocharge the development of self-driving cars and robots. The Omniverse Cloud Sensor RTX was unveiled at the Computer Vision and Pattern Recognition conference and aims...
To paraphrase a famous F. Scott Fitzgerald quote, there are no second acts in life. The Gatsby scribe had never met a tech CEO. The business landscape is populated with stories of reinvention, and in some cases, with business leaders who — for lack of...
February 22, 2024
As on-demand delivery aggregators look to automation to reduce labor costs, Uber sees the opportunity to roll out autonomous sidewalk robots in dense cities worldwide — but only for certain kinds of orders. In an interview with PYMNTS, Noah Zych, Uber’s global head of autonomous mobility and delivery, spoke to the company’s recent partnership with Mitsubishi […]
January 22, 2024
Omnichannel commerce has transformed how we pay for things and the length of time in which we expect to get what we pay for. Delivery windows are shrinking. Where once...
January 08, 2024
Just a week ago, the smart money was on artificial intelligence to dominate the Consumer Electronics Show. But someone forgot to tell the robots. Because when the show opens on...
September 01, 2023
Despite Walmart’s better-than-expected earnings results, Reuters reported earlier this week that the mega-retailer is asking 16,000 pharmacists nationwide to voluntarily cut hours in an effort to conserve margins. According to...
July 11, 2024
Skild AI has raised $300 million in a Series A funding round to build an artificial intelligence (AI) model for robotics. The company will use the new capital to expand its team and to continue scaling its model and training datasets in preparation for future commercial deployment of its technology, Skild AI said in a […]
July 03, 2024
Amazon is discontinuing its security robot designed for small and medium-sized businesses (SMBs) about eight months after introducing it. The company will instead concentrate its efforts in this field on...
July 03, 2024
Canada’s Sanctuary AI has landed new funding to create “humanlike intelligence in general purpose robots.” The unspecified funding amount, announced Wednesday (July 3), came from venture capital investor BDC Capital and...
April 03, 2024
Apple is reportedly considering entering the personal robotics market. The company is exploring projects in this field as it looks for new opportunities for growth after ending its electric vehicle project,...
