It’s no mystery that the majority of corporations already view AI as a must-have competitive tool in the race toward market leadership. As industry after industry has felt the critical impact of AI-driven disruption, companies large and small have made AI programs a top priority, using it to enable everything from highly automated and efficient warehouses, to customizing client service, to delivering pizzas. It was only a matter of time before our government saw the light. This week, Presid...Learn More
We're thrilled to announce the strengthening and growing expertise of our advisory board with the addition of Daniela Rus, Ph.D., Professor and Director of CSAIL (Computer Science and Artificial Intelligence Laboratory) at MIT, one of the largest AI departments in the U.S. In addition to 30 years of experience as a professor, Rus’ leadership in research, innovation, and education has won her the prestigious Engelberger Award. The third ROBO Global advisory board member to obtain the award,...Learn More
President Trump has finally delivered on his promise of trade protectionism. But by promising to impose tariffs on steel and aluminum imports on “national security” grounds, President Trump addresses a problem that doesn’t exist—and creates a host of new ones. Several notable economists think the proposed tariffs of 10% on aluminum and 25% on steel will, at least to some extent, hurt—not help—US manufacturing by triggering declines in orders for critical investments such as roboti...Learn More
By: Frank Tobe, ROBO Global Strategic Advisor, The Robot Report Nineteen different startups were funded in February, raising $377 million; a substantial two-month start for the new year. Five acquisitions were reported during the month, while the IPO front had no activity whatsoever. CB Insights said that China dominated the funding of AI-related startups during 2017. So far in 2018, the China funding percentage appears to be less than the 48% of 2017. Robotics Fundings 1. PROCEPT BioRobo...Learn More
By Frank Tobe, Strategic Advisor to ROBO Global, The Robot Report MasterCard CEO Ajay Banga said that “data is the new oil.” Masayoshi Son, CEO of SoftBank, says that artificial intelligence combined with data gathered by billions of sensors is bringing on an information revolution. Manufacturers everywhere are changing – some, with government assistance – because of new technologies, new competitors, new ecosystems, and new ways of doing business. Companies that adopt these new digita...Learn More
By: Jeremie Capron, Director of Research, ROBO Global Last week, the ROBO Global team traveled to Toyko for a whirlwind week of meetings, research, and exploration at the bi-annual International Robotics Exhibition. One of the biggest industry events in the world, the conference hosted more than 130,000 visitors and featured more than 600 exhibitors and 2,775 booths. To say that the 50% growth of the show floor since just two years ago is impressive would be an understatement. But what was ...Learn More
ETF Securities Australia, part of the ETF Securities Group, has created the first exchange-traded fund (ETF) in Australia giving investors access to global companies focusing on robotics, automation and artificial intelligence (AI) technologies. ETFS has teamed up with US-based specialist robotics and automation index and research provider ROBO Global to launch the ETFS ROBO Global Robotics and Automation ETF (ASX code: ROBO). ROBO will track the ROBO Global Robotics and Automation Index (RAAI)...Learn More
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