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iRobot, KUKA and other robotic stocks exceed earnings expectations
iRobot (IRBT on the NASDAQ stock exchange) jumped from $70 to $80 per share on news that iRobot's quarterly earnings were so good that the company raised their forecast for 2017 to new highs. KUKA...
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24 research reports that dissect the robotics industry
After reading the press releases for this batch of 24 research reports, although they vary widely in their forecasts, they almost all agree that most segments of the robotics industry are expected to...
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An AI Primer for mechatronics
Ex Machina. Source: Youtube/Universal Pictures This week I attended an “Artificial Intelligence (AI) Roundtable” of leading scientists, entrepreneurs and venture investors. As the discussion focused...
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To err is algorithm: Algorithm fallibility and economic organisation
Algorithmic fails Dig below the surface of some of today’s biggest tech controversies and you are likely to find an algorithm misfiring:[1] YouTube advertising controversy: The algorithm placed...
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SoftBank invests $5 billion into Didi Chuxing and $4 billion more in Nvidia
SoftBank, the giant telecom company, is venturing out into the world of robotics and transportation services. DealStreet Asia said that SoftBank is trying to transform itself into the ‘Berkshire...
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The Wolf: The Hunt Continues shows calculated precision for hacking into an...
The Wolf: The Hunt Continues Starring Christian Slater Presented by HP Studios | HP Source: HP Studios/YouTube Here’s a video you will want to watch. “The Wolf: The Hunt Continues” is really an ad...
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Two stars, different fates
Levandowski (right) at MCE 2016. Source: Wikipedia Commons Andy Rubin, who developed the Android operating system at Google then went on to lead Google through multiple acquisitions into robotics, has...
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May 2017 fundings, acquisitions, IPOs and failures
May 2017 had two robotics-related companies get $9.5 billion in funding and 22 others raised $249 million. Acquisitions also continued to be substantial with Toyota Motor's $260 million acquisition of...
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China’s strategic plan for a robotic future is working: 500+ Chinese robot...
In 2015, after much research, I wrote about China having 194 robot companies and used screen shots of The Robot Report's Global Map to show where they were and a chart to show their makeup. We've just...
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Making Pepper walk: Understanding Softbank’s purchase of Boston Dynamics
It is unclear if Masayoshi Son, Chairman of Softbank, was one of the 17 million YouTube viewers of Boston Dynamic’s Big Dog before acquiring the company for an undisclosed amount this past Thursday....
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Uber regrouping after Levandowski firing
Uber, the global ride-sharing transportation company, has named two replacements to recover from the recent firing of Anthony Levandowski who headed their Advanced Technologies Group, their OTTO...
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ARM Institute West Coast meeting review
Robotics manufacturing in the US will be getting federal support to match business or startup investments via the new Advanced Robotics Manufacturing (ARM) Institute. Perhaps more importantly, the ARM...
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Robotics industry growing faster than expected
Two reputable research resources are reporting that the robotics industry is growing more rapidly than expected. BCG (Boston Consulting Group) is conservatively projecting that the market will reach...
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July 2017 fundings, acquisitions, IPOs and failures
July, 2017 was a big month for robotics-related company funding. Four raised $588 million and 19 others raised $370.6 million for a monthly total of $958.6 million. Acquisitions also continued to be...
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Industrial robots in China up, up and away!
China has rapidly become a global leader in robotics and automation. 2016 annual sales of industrial robots reached the highest level ever for any single country: 87,000 units (up 27% from 2015) and...
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Global robot growth causing shortages in critical components
Two reputable research resources are reporting that the robotics industry is growing more rapidly than expected. BCG (Boston Consulting Group) is conservatively projecting that the market will reach...
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October 2017 fundings, acquisitions and IPOs
Twenty-eight different startups were funded in October cumulatively raising $862 million, up from $507 million in September. Three of the top four fundings were for startups involved in the...
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Teradyne acquires MiR for $272M, continues robotics spree
In a surprise but smart move, Teradyne (NYSE:TER), the American test solutions provider that acquired Universal Robots in 2015 and Energid Technologies earlier in 2018, acquired Danish MiR (Mobile...
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Investors warn Deep Tech founders about these 12 pitfalls
Firstly, what is Deep Tech as opposed to Tech or technology enabled? Sometimes Deep Tech is regarded as a science based startup, sometimes it is regarded as disruptive to the status quo, sometimes it...
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Robot sales surge in Europe, Asia and the Americas
Sales of industrial robots have reached a strong recovery: A new record of 486,800 units were shipped globally – an increase of 27% compared to the previous year. Asia/Australia saw the largest growth...
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