Standard Bots Secures $63M in Funding to Propel American Manufacturing Forward with AI-Driven Robotics
AIT365 News Desk -
Standard Bots, a pioneer in robotics automation, announced it has raised $63 million in total funding, with its recent Series B round led by General Catalyst with participation from Amazon Industrial Innovation Fund and Samsung Next. The company has already successfully launched its RO1 robotic arm and is now...
The International Society of Automation (ISA) – the leading professional society for automation – announced a new large-language model (LLM) trained on ISA content. Named Mimo, this AI-powered LLM is educated on ISA standards, training, technical reports, white papers, articles and presentations, and can answer user questions about industrial automation and...
Graphcore announced that the company has been acquired by SoftBank Group Corp ("SoftBank"). Under the deal, Graphcore becomes a wholly owned subsidiary of SoftBank and will continue to operate under the Graphcore name.
"This is a tremendous endorsement of our team and their ability to build truly transformative AI technologies...
Aitomatic Unveils SemiKong: AI Breakthrough Set to Reshape $500B Semiconductor Industry
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Aitomatic announced SemiKong, the world's first open-source AI Large Language Model (LLM) designed specifically for the semiconductor industry. Unveiled at SEMICON West 2024, SemiKong aims to revolutionize semiconductor processes and fabrication technology, potentially reshaping the $500B semiconductor industry in the next five years.
SemiKong is the result of a collaborative effort...
Plataine’s AI Achieves Record Scale & Performance in Scheduling & Planning of Complex Manufacturing
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Plataine, a leading provider of AI-based optimization solutions for advanced manufacturing, proudly announces a groundbreaking achievement in exceptional scale of scheduling operations with its Practimum-Optimum™ algorithm. The AI-based Production Scheduler sets new records for fully automatic, optimized manufacturing scheduling in large scale and complex real-life scenarios.
Plataine's Practimum-Optimum™ Scheduler routinely handles...
Exiger Leads Market in AI-Driven Multi-Tier Visibility with Versed AI Acquisition
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Acquisition of state-of-the-art product breakdown technology expands Exiger's AI-driven multi-tier supply chain visibility, data and mapping capabilities
Exiger, the market-leading supply chain and third-party risk AI company, announced the acquisition of Versed AI. Born out of the University of Cambridge's Language Technology Lab, Versed AI's artificial intelligence technology accelerates the process of...
CADDi, a leading global procurement solutions provider for the manufacturing industry, announced that its innovative AI software, CADDi Drawer, has been named a "Best Manufacturing Intelligence Software" by G2. As manufacturers navigate a rapidly changing landscape, efficient procurement processes and real-time data analysis have become critical to maintain competitiveness....
Augmented Reality (AR) in manufacturing is gradually becoming a game-changer, transforming the way industries operate. What was once a futuristic concept is now being adopted across manufacturing plants worldwide, enhancing productivity, safety, and efficiency. An estimated 1.7 billion AR gadgets are currently in use. AR technology overlays digital information...
i-5O Announces Strategic Partnership with Cohere to Enhance AI-Powered Manufacturing Solutions
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i-5O, a leading provider of AI-powered solutions for manufacturing optimization, has forged a strategic partnership with Cohere, a prominent player in AI language models (LLMs), as part of Cohere's Startup Program. This partnership enables i-5O to leverage Cohere's state-of-the-art AI interface to accelerate product development, enhancing their client offerings...
YES Delivers Multiple VeroTherm Formic Acid Reflow Systems To Leading Semiconductor Device Customers
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YES (Yield Engineering Systems, Inc.), a leading manufacturer of process equipment for semiconductor advanced packaging applications, announced that it has delivered multiple VeroTherm Formic Acid Reflow (FAR) systems to leading logic and memory customers. This system will be utilized to enable 3D stacking of memory and logic chips required to...