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WAREHOUSE ROBOTS
JD.com founder vows to protect Chinese jobs from AI and robotsThe company, which is one of the country’s largest employers by headcount, will “do everything possible to safeguard employment for hundred...
Logistics startup Stord raises $250 million at $3 billion valuationStord, a logistics startup, has secured nearly $250 million in funding, valuing the company at $3 billion. This investment underscores conf...
Stellantis expands AI manufacturing push with Accenture and NVIDIAStellantis’ partnership with Accenture and NVIDIA highlights a broader shift in the AI industry beyond chatbots and copilots toward industr...
Amazon vs Walmart: Great American race begins for $1 trillion annual sales. How will this benefit customers in rural U.S?Amazon last year invested $4 billion to bring same-day or next-day deliveries to 4,000 smaller cities, towns and rural communities.
Walmart and Amazon race to win over rural America with speedier deliveriesWalmart and Amazon are aggressively expanding online delivery services into rural America, a market previously overlooked due to logistical...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
Amazon aims to revolutionize fast delivery with new 30-minute systemAmazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazo...
A South Korean startup captures workers' techniques to develop AI brains for robotsSouth Korean AI startup RLWRLD is creating a vast library of human expertise by capturing skilled workers' actions, like hotel staff foldin...
21 killed, 61 injured in blast at fireworks factory in ChinaA devastating explosion at a fireworks factory in China's Hunan province has claimed 26 lives and injured 61 people. The blast occurred at ...
Startups lead AI push into construction amid labour shortagesConstruction is fast shedding its tech-resistant tag as AI-powered startups roll up sleeves to tackle labour shortages and speed up industr...
Amazon stock price, earnings, profits and net sales rise after strong first-quarter cloud growthAmazon stock price, earnings, profits and net sales increased after the company reported higher first-quarter profit and revenue driven by ...
Inside China’s ‘Magic’ factories: The tech playbook India can’t ignoreChina's state-of-the-art factories reflect its commitment to innovation, backed by robust research and development initiatives. This enviro...
Physical AI startups out to play the big gameET writes how robotics AI startups are seeing increased investments, signalling growing confidence in this space in India.
Amazon buys Fauna Robotics, maker of the Sprout humanoid robotThe e-commerce giant is already a robotics powerhouse, having boasted of deploying more than 1 million robots across its warehouse operatio...
Amazon acquires Swiss robotics company Rivr to test robots for doorstep deliveryThe acquisition of the Zurich-based autonomous robotics startup took place earlier this week, but the terms of the deal have not been discl...
Vulcan: How Amazon’s robot locates and retrieves products using vision and touchAmazon has unveiled Vulcan, a warehouse robot that uses both sight and touch to locate and retrieve items. Designed to work alongside human...
As Amazon expands use of warehouse robots, what will it mean for workers?Amazon is deploying robots like Robin, Cardinal, and Sparrow to handle packages and sort items. Proteus moves carts, while Digit handles to...