Figure Raises $675M at $2.6B Valuation and Signs Collaboration Agreement with OpenAI
AIT365 News Desk -
Figure, an AI robotics company developing general purpose humanoid robots, announced that it has raised $675M in Series B funding at a $2.6B valuation with investments from Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest. This investment will accelerate Figure's timeline...
UiPath and Google Cloud Expand Strategic Partnership to Accelerate Access to Gen AI and Cloud-based Automation
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UiPath is now available on Google Cloud Marketplace and integrates with Google Vertex AI to allow professionals to utilize Google Cloud’s Gen AI alongside UiPath’s AI-powered automation
UiPath, a leading enterprise automation and AI software company, and Google Cloud announced an expanded partnership to extend customers’ ability to transform their...
Two experts will further Basware's investment and leadership position with its AI product offering and digital transformation
Basware, a global leader in AP automation and invoice processing, has announced the appointments of Anssi Ruokonen as its Director of AI Research and Enablement, and Barrett Schiwitz as its new Chief Information Officer (CIO).
Ruokonen will further...
Lightspeed Invests in RobCo’s Growth Journey towards SME Robotics Automation Leadership
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RobCo, an expert in modular, affordable, and connected robotics automation solutions for SMEs, welcomes global venture powerhouse Lightspeed Venture Partners as a new investor in a recent financing round (Series B). The company raised $42.5 million from Lightspeed and additional investors to fuel its development and growth trajectory. Former Apple and...
OMRON Launches New Integrated Autonomous Mobile Robot Solutions with Lifter and Roller Modules from ROEQ
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Businesses looking to deploy autonomous mobile robots (AMRs) in their facility often realize that an AMR without a top module is like a robot arm without a gripper. A lifter top module enables an AMR to drive underneath the cargo, lift it up and transport it to the desired...
Kawasaki Robotics partners with Olis Robotics to offer remote monitoring and control of its industrial robots
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Companies present an interactive demo at MODEX 2024 showcasing how Kawasaki robots equipped with Olis’ remote monitoring and error recovery drastically reduces unplanned downtime.
Olis Robotics, a leader in the remote error recovery for industrial robots, announces a new partnership with Kawasaki Robotics Inc., a leading supplier of industrial robots and...
The OSARO® Robotic Depalletizing System is a direct replacement for manual pallet unloading — even complex mixed-case pallets. The system combines OSARO SightWorks™ Perception with advanced robotics hardware to automate the incoming inventory process and improve safety, boost efficiency, reduce labor costs, and minimize inventory shrinkage.
OSARO®, a global leader...
Market Leader Chef Robotics Surpasses 10M Meals in Production Using AI-Enabled Robots
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Chef Robotics, the creator of ChefOS, the AI Brain for food manipulation, announced that its ChefOS Enabled Robots in production have achieved a major milestone as of January 2024: more than 10M meals in production. This is more meals in production than any other intelligent food robotics company in...
Tired of spending countless hours on repetitive, mundane tasks that drain your productivity and creativity? Robotic process automation (RPA) tools offer a game-changing solution to this problem.
By harnessing the power of automation, these tools can handle routine, rule-based processes, freeing you up to focus on more strategic and value-added...
RightHand Robotics Signs Multi-Year Agreement with Staples® to Deploy AI-Powered Picking Robots in Fulfillment Centers
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RightHand Robotics, a leader in autonomous AI robotic picking solutions for order fulfillment, announces a multi-year agreement with Staples Inc., America’s leader in workspace products and solutions. The agreement allows Staples to deploy and install the company’s RightPick™ item-handling system to automate operations for higher service levels and Next-Day Delivery to over...