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by   -   November 2, 2017

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 self-driving process. An additional five lower-amount startups were also funded for self-driving applications or components along with two of the six acquisitions.

by   -   October 3, 2017

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 $87 billion by 2025; Tractica, incorporating the robotic and AI elements of the emerging self-driving industry, is forecasting the market will reach $237 billion by 2022.

by   -   August 30, 2017

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 China’s stock of industrial robots is now, at 340,000 units, also the highest total in the world. while Chinese robot manufacturers increased their market share to 31% (up 120% from 2015).

by   -   August 1, 2017

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 significant with ST Engineering acquiring Aethon for $36 million, iRobot buying its European distributor for $141 million, and SoftBank purchasing 5% of iRobot shares for around $120 million.

by   -   July 14, 2017

A quick, hassle-free way to stay on top of robotics news, our robotics digest is released on the first Monday of every month. Sign up to get it in your inbox.

by   -   July 11, 2017

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 $87 billion by 2025; Tractica, incorporating the robotic and AI elements of the emerging self-driving industry, is forecasting the market will reach $237 billion by 2022.

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 Institute can act as a conduit to connect and amplify robotics innovations between regions of the USA. As the global robotics ecosystem becomes flooded with interest, and investors, any technological lead the USA currently has is rapidly disappearing.

by   -   June 12, 2017
Source: Uber

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 trucking unit, and their self-driving team. Levandowski was fired May 30th.

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. What is clear is the acquisition of Boston Dynamics by Softbank is a big deal. Softbank’s humanoid robot Pepper is trading up her dainty wheels for a pair of sturdy legs.

by   -   June 7, 2017

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 concluded another research project and have added hundreds of new Chinese companies to the database and global map.

by   -   June 1, 2017

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 Bastian Solutions plus three others (where the amounts weren’t disclosed).

by   -   May 31, 2017
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 launched a new consumer products company. Anthony Levandowski, who, after many years with Google and their autonomous driving project, launched Otto which Uber acquired, was sued by Google, and just got fired by Uber.

by   -   May 26, 2017
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 showing how a hacker can enter a network through an unprotected printer (or robot). Christian Slater stars as the evil hacker.

by   -   May 24, 2017

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 Hathaway of the tech industry’ with the recent launch of a $100 billion technology fund.

UPDATED 5/24/17: SoftBank’s acquisition of 4.9% of the outstanding shares of Nvidia Corp.

Dig below the surface of some of today’s biggest tech controversies and you are likely to find an algorithm misfiring. These errors are not primarily caused by problems in the data that can make algorithms discriminatory, or their inability to improvise creatively. No, they stem from something more fundamental: the fact that algorithms, even when they are generating routine predictions based on non-biased data, will make errors. To err is algorithm.



ICRA 2017 Company Showcase
December 10, 2017


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