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01 Apr, 2020
AESA Brown Boveri to Contribute USD 150 Million to Build World’s most Advanced Robot Factory
AESA Brown Boveri to Contribute USD 150 Million to Build World’s most Advanced Robot FactoryAESA Brown Boveri (NYSE: ABB) announced its investment of USD 150 Million to construct a giant tech hub in Shanghai, China. This will be an attemp..
iRobot Reported Q3 2018 Financial Results
iRobot Corp. (NASDAQ: IRBT) announced its financial results for the third quarter ended September 29, 2018. Third quarter revenue was $264.5 million compared to $205.4 million a year ago. Operating income in the third quarter was $37.3 m..
SoftBank Vision Fund to Invest $1B into Face Recognition SenseTime
SoftBank’s Vision Fund is looking to invest almost USD 1 Billion in China-based SenseTime Group for a stake in the world’s most valuable artificial intelligence startup, according to people familiar with the matter. The two companies are..
Amazon Reportedly to Build Home Robots
Amazon.com Inc. (NASDAQ: AMZN) is reportedly developing a home robot, according to Bloomberg. The project was codenamed “Vesta,” after the Roman goddess and it was overseen by Gregg Zehr, who also runs Amazon’s Lab126 hardware rese..
Sony’s Strong Sales of Sensors Put Towards Robotics & Self-Driving Cars
Sony Corp (NYSE: SNE) reported their highest ever profit this year on strong sales of image sensors after many years of losing ground in the consumer electronics market. The company is looking to develop robotics and self driving cars technology as ..
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