2018 has been quite a year for food-borne illnesses. What’s even more disturbing than the sharp rise in food safety investigations (the CDC has investigated a shocking 22 food safety investigations to date) is the fact that food safety could have—and, yes, should have—been dramatically improved with the help of the newest advancements in robotics, automation, and AI (RAAI). In an age when technology is better skilled than ever to improve food safety and keep us healthy, having more invest...Learn More
Bring on the robots... That’s the message from today’s Inner Circle expert. Once the realm of sci-fi movies, robots are now finding their way into every American industry. From brick-laying robots that build a house in a day to robotic brain surgeons that operate with sub-millimeter accuracy, robotic technologies will revolutionize our world the way the internet did nearly 20 years ago. And here’s the kicker… Rather than destroying jobs, robots will add millions of jobs and create tri...Learn More
The market may have taken a turn, but in the world of robotics and AI, the future remains glaringly bright. That’s great news for those already invested in what has been called the greatest investment opportunity of our generation. It may be even better news for investors who have been sitting on the sidelines waiting for the ideal time to dive in. Of course, even though it was widely anticipated, the latest dramatic dip in the market could easily cause even the most dedicated, long-term in...Learn More
You’ve heard it over and over again: No one wins in a trade war. As the trade war between the US and China continues to escalate, the tariffs and barriers on imported products threaten to slow business activity, create supply chain friction, and dampen international trade—not only between the two countries themselves, but around the globe. So, in a general sense, it’s true. No one wins a trade war. But robotics, automation, and AI—or RAAI—is notorious for breaking the rules. And whe...Learn More
Twenty-seven startups raised money in June to the tune of $2.1 billion, another great month for robotics fundings! Also during June there were ten acquisitions and two IPOs. See below for details. The top robotics fundings were: Rockwell (NYSE:ROK) made a $1 billion equity investment in PTC (NASDAQ:PTC), an automation control software provider to government and industry. Google (NASDAQ:GOOG) is investing $500 million in JD (JingDong) (NASDAQ:JD), the Chinese equivalent to Amazon...Learn More
By: Strategic Advisor Frank Tobe of The Robot Report Twenty-seven startups were funded in May for a total of $2.5 billion. The top five were: Cruise Holdings announced a two-phase funding by SoftBank Vision Fund totaling $2.25 billion. $900 million will be funded right away. Future funding of $1.35 billion is contingent on two things: regulatory approval and at the time when Cruise AVs are ready for commercial deployment. At that time GM will also invest another $1.1 billion thereby pro...Learn More
By: Frank Tobe, ROBO Global Strategic Advisor & editor of The Robot Report Twenty startups were funded in April 2018. Fifteen disclosed transaction amounts totaling $808 million of which the $600 million to SenseTime, the Alibaba-funded Chinese deep learning and facial recognition software provider focused on smart self-driving vehicle systems, was by far the largest. Year to date, fundings total $2.3 billion! Seven acquisitions also occurred in April. The most notable was the acquisitio...Learn More
Self-driving car manufacturers are building the world’s most experienced drivers—but it won’t happen overnight
Who doesn’t remember that first time behind the wheel of a car? As a teenager growing up in Minnesota, for me, driving meant one thing: freedom. And that, for the first time ever, I could go wherever I wanted, whenever I wanted, on my own. And, oh man, it was easy. At 16, life was all about me and the open road. Of course, that was more years ago than I like to admit. Today, my daughter isn’t nearly as enthusiastic about driving. Like most of her friends, she is more than happy to rely on...Learn More
Twenty-four startups were funded in March 2018 raising a combined total of $350 million. That brings the 3-month total to $1.5 billion! There was an additional funding of $2.5 billion to JD Logistics, an 81.4%-owned spin-off that is the logistics arm of JD, China’s 2nd largest online retailer. Funding came from Hillhouse, Sequoia, China Merchants, Tencent, China Life, China Development Bank, China Structural Reform and ICBC International. JD Logistics has 14 smart warehouses serving a netwo...Learn More
It should come as no surprise that the Trump Administration put the brakes on a takeover bid of Qualcomm by Singapore-based Broadcom on Monday on the grounds of national security. The decision is about much more than trying to win the race toward dominance in artificial intelligence. While AI is certainly an area that is poised to impact every area of the supply chain for nearly every industry around the globe, what Qualcomm has to offer is much bigger—and the potential to take it out of the h...Learn More
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