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AI boom fuels new push for humanoid robots, despite doubts
MOUNTAIN VIEW, Calif. (AP) — Robots have long been seen as a bad bet for Silicon Valley investors — too complicated, capital-intensive and “boring, honestly,” says venture capitalist Modar Alaoui. But the commercial boom in artificial intelligence has lit a spark under long-simmering visions to build humanoid robots that can move their mechanical bodies like humans and do things [&hell[...]
Gainesville automation company acquired by Naviant
Naviant announced last week that it has acquired Versivo, a Gainesville-based business process automation provider.
SoftBank to buy ABB robotics unit in $5.4B AI push
SoftBank will acquire ABB’s $2.3B robotics unit for $5.4B, advancing its AI strategy while ABB refocuses on electrification.
Reshoring manufacturing is one of President Donald Trump’s priorities
President Donald Trump wants manufacturing jobs to return to the U.S., but it's not as simple as that, experts say
Sumitomo Drive Technologies to invest $9.3M to automate Chesapeake warehouse
The Virginia Economic Development Partnership announced last week that global power transmission manufacturer Sumitomo Drive Technologies will invest $9.3 million to automate a warehouse and distribution center in Chesapeake.
