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Days After Elon Musk Deemed University Of Tokyo's Idea 'Pointless,' Scientists Develop Smiling Robot With Living Skin
Thursday, July 18, 2024 - 12:33am | 620Researchers from the University of Tokyo have successfully attached living skin tissue to robotic faces, enabling them to “smile.” What Happened: The smiling robot, featured in a study published by Cell Reports Physical Science, is the culmination of a decade-long ...
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Elon Musk Repeats Old Prediction After Stability AI Founder Predicts China Will Be First Nation With 100M And Then 1B Robots
Wednesday, July 10, 2024 - 9:41pm | 543Emad Mostaque, co-founder of Stability AI and Schelling AI made a bold prediction about China’s robotic future after which Tesla and SpaceX CEO Elon Musk said in the future robots will outnumber humans. What Happened: On Wednesday, Mostaque took to X, formerly Twitter, and said, “China...
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Reddit Stock Surges Nearly 9% After Announcing New Platform Update To Block Automated Content Scraping Following Reports Of Leading AI Startups Ignoring Rules
Wednesday, June 26, 2024 - 2:41am | 552Social media platform Reddit Inc. (NYSE:RDDT) witnessed a significant surge in its stock value after the company announced a policy update to block automated website scraping. What Happened: Reddit’s stock rose by almost 9% following the announcement of a new policy. The company, in a blog...
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Symbotic Reports Q1 Beat: Analysts Boost Their 2024 Estimates, 'Strong Secular Growth Story'
Tuesday, May 7, 2024 - 12:20pm | 410Symbotic Inc (NASDAQ:SYM) shares were climbing in early trading on Tuesday, after the company reported a sales beat for its fiscal second quarter. The results were reported amid an exciting earnings season. Here are some key analyst expectations. KeyBanc Capital Markets On Symbotic Analyst Ken...
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Symbotic Shares Gain On Strong Q2 Sales: The Details
Monday, May 6, 2024 - 4:50pm | 327Symbotic Inc. (NASDAQ:SYM) reported its second-quarter financial results after the bell Monday. Here's a look at the highlights. The Details: Symbotic reported quarterly losses of 7 cents per share which missed the analyst consensus estimate of 5 cents by 40%. Quarterly sales clocked in at $424....
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WATCH: Tesla's Optimus Robot Steps Up Game By Inserting Battery Cells Into Tray As Musk Promises Dexterity Boost
Monday, May 6, 2024 - 1:01am | 431A recent video posted by Tesla Inc. (NASDAQ:TSLA) showcases the latest developments in its Optimus humanoid robot as it performs another real-world task: precisely inserting battery cells into a tray. What Happened: This iteration of Optimus utilizes a neural network trained on 2D...
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Apple Tests Waters In Home Robotics After Shifting Focus From EV Project
Wednesday, April 3, 2024 - 4:57pm | 397Apple Inc. (NASDAQ:AAPL) is delving into the realm of home robotics, a venture that signals the tech giant’s quest for the next breakthrough following the discontinuation of its electric vehicle project. According to Bloomberg, Apple’s engineers are at the helm of two cutting-edge...
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Nvidia Reveals Blackwell GPU, Highlights Partnerships With Top Companies At GTC: 'The Whole Industry Is Gearing Up'
Monday, March 18, 2024 - 7:11pm | 839Technology giant NVIDIA Corporation (NASDAQ:NVDA) highlighted several new products and partnerships Monday during its GTC artificial intelligence event. Here's a look at some of the highlights. Blackwell Revealed: The highly anticipated next GPU from Nvidia was unveiled Monday with Blackwell shown...
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Short Seller Does Victory Lap After Amazon Deal Dies — What Happened To iRobot?
Monday, January 29, 2024 - 4:12pm | 821Shares of iRobot Corporation (NASDAQ:IRBT) fell over 16% on Monday after the company's highly anticipated $1.7 billion merger deal with Amazon.com, Inc. (NASDAQ:AMZN) fell apart, taking its stock below 52-week lows. Shares in the company recovered during Monday afternoon, to reach a 7% daily drop...
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Phew! AI Won't Take Your Job Just Yet, MIT Data Finds — But There's A Caveat
Tuesday, January 23, 2024 - 2:35pm | 1081With fears of job displacement by artificial intelligence spreading far and wide, workers everywhere are trying to predict whether AI will take their jobs, and what to do about it. Yet, researchers at the Massachusetts Institute of Technology (MIT) believe the rate of transformation will be slower...
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3 Global Robotics Stocks To Consider As Market Grows At Annual Rate Of 14.7%
Tuesday, January 9, 2024 - 10:32am | 783The world of robotics is undergoing a seismic transformation, penetrating diverse sectors and revolutionizing industries at an unprecedented pace. Fueled by significant advancements in artificial intelligence (AI) and machine learning, the once-futuristic realm of robots is swiftly becoming a...
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China Plans To 'Reshape The World' By Mass Producing Humanoid Robots
Tuesday, November 7, 2023 - 6:43pm | 490China unveiled plans to mass-produce humanoid robots expected to change the world. What To Know: According to a new blueprint document published by China's Ministry of Industry and Information Technology last week, China is targeting humanoid robot production by 2025. The country...
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You Can Now Own A 15-Foot Tall, Anime-Inspired Mecha Robot Suit — For $3 Million
Thursday, October 5, 2023 - 8:48am | 361Tsubame Industries, a Tokyo-based robot manufacturer, is making waves in the world of robotics with its latest creation, the Archax. This pilotable mecha robot, standing at an imposing 15 feet tall and weighing 3.5 tons, comes with a price tag of $3 million, Reuters reported. What sets it apart is...
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Rice Robotics Raises $7 Million: Robots Are About To Become A Much Larger Part Of Everyday Life
Tuesday, August 29, 2023 - 6:30pm | 800For many years, the idea of robots assisting with day-to-day tasks was nothing more than a dream. However, with the recent growth of AI technology, this dream is now a reality. Rice Robotics is one of the best examples of how robots are changing the way people live and do business. The Hong...
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Wendy's Is The Latest Fast-Food Company To Adopt Artificial Intelligence In Their Stores As Restaurants Continue To Struggle With Staffing Shortages
Thursday, August 3, 2023 - 3:09pm | 661Every year, Wendy's serves millions of customers at nearly 7,000 restaurants around the globe. Now, the company is taking a massive step forward. It's partnering with Google to bring artificial intelligence (AI) to a drive-thru at one of the company's Columbus, Ohio-area restaurants. If everything...