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ROBOTICS DIVISION
China blocks SoftBank's $5.4 billion takeover of ABB's robotics division: FTSoftbank had agreed to buy ABB's robotics business in October last year, as CEO Masayoshi Son sought to establish SoftBank as a core player...- China blocks SoftBank's $5.4 billion takeover of ABB's robotics division: ReportChina has informed Japanese investor SoftBank that it will block the $5.4 billion acquisition of ABB's robotics segment. This decision is d...
- Musk stocks lose $120 billion as Democrats’ Texas win rattles investorsTesla and SpaceX lost more than $120 billion in combined market value after Democrats scored major election victories in Texas and across t...
- Nevada unions, politicians caught between AI job creation and destructionNevada unions' soul-searching reflects the national debate underway over whether regulation should slow down AI development amid conflictin...
- Oracle's Larry Ellison dismisses 'SaaS apocalypse' fears, says AI will make software betterSpeaking at Oracle AI World here, Ellison, the company's executive chairman and chief technology officer, rejected talk of a "SaaS apocalyp...
- These large- and mid-cap stocks can give more than 20% return in 1 year, according to analystsThe next few weeks are critical, and one should not be in a hurry to make market-related decisions. Better to be cautious – to wait and wat...
- From sewer to space: Genrobotics bags ISRO robotics development contractThe company has secured the project from the U R Rao Satellite Centre (URSC), a key centre of the ISRO, marking a significant step in its j...
- Massive Cartoon Network breach leads to decades of classic animation files leaking days after Skydance merger: Know what has leakedA significant data breach has leaked over 200 GB of internal files from Cartoon Network's production. Shows such as Adventure Time and The ...
- HCLTech software unit to acquire European firm Robotiq.ai for 9 mn eurosThe company will acquire 100% of the outstanding equity of Robotiq.ai to be acquired by HCL Technologies Austria GmbH, a step- down wholly ...
- Chip startup Mythic AI enters India, eyes data centre, robotics opportunitiesFounded in 2012 and headquartered in Austin and Palo Alto, the company is developing analogue compute-in-memory technology for energy-effic...
- BlackBerry lifts annual revenue forecast on strength in automotive software businessRevenue at BlackBerry's QNX division, which develops software for safety-critical systems in vehicles, robotics, medical devices and indust...
- SoftBank adds $21 billion to AI firepower in new debt dealsThe Japanese conglomerate increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, people...
- IIT Mandi probes 'Shudras serve higher classes' poster; director blames some students' interpretationIIT Mandi has ordered an inquiry into a controversial Bhagavad Gita poster. The poster suggested Shudras should serve higher classes, spark...
- WHO renews Science Council as AI, gene editing and emerging technologies reshape global healthThe World Health Organization has renewed its Science Council with twenty-one global experts. This council will advise on emerging technolo...
- The smartphone king Apple killed is back, but not in your pocketBlackBerry has completed a remarkable corporate turnaround after its smartphone business collapsed. The company now thrives by providing se...
- In 2022, a Florida workshop was making furniture. 4 years later, 8 rail-mounted robots were printing boat hulls up to 130 feet long in just 9 days, turning digital designs into giant vessels without costly moldsA Florida workshop now uses robotic systems for 3D printing large composite boat hulls. This innovative process eliminates expensive tradit...
- China robot makers flock to Beijing show, seek path to mass adoptionMore than 300 companies are attending the World Robot Conference which runs through Sunday, displaying over 2,000 exhibits and launching m...
- Samsung Electronics creates robotics division; ex-Hyundai executive to head strategyThe South Korean conglomerate said the RX, or "Robotics eXperience", division will oversee its mid-to-long-term robotics strategy, core t...
- OpenAI wants you to have a personal robot; starts hiring for robotics divisionThe robotics division grew out of OpenAI's world simulation research program, led by Aditya Ramesh, the researcher also known for his work ...
- Amazon to develop software for its consumer robots in IndiaThe India centre will help support Amazon's international Robotics division, which launched its first robot Astro last year.
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