A breakthrough algorithm from Dutch scientists enables multiple autonomous drones to work together transporting heavy, dynamic payloads. The system compensates for wind and changing loads without payload sensors.
Logic Robotics introduces the Octopus, an overhead industrial robot designed to revolutionize warehouse automation. The multi-arm system performs simultaneous picking and inspection without consuming floor space. Here’s what this means for the logistics industry.
Tesla’s board is pushing shareholders to approve a historic $1 trillion pay package for Elon Musk, framing it as essential to retaining his leadership during the company’s AI transition. But is this unprecedented compensation justified?
Europe’s Tech Renaissance: From Startup Hub to Global Powerhouse In a revealing discussion at the Sifted Summit, Sequoia Capital’s Luciana…
Southwest Airlines surprises with a quarterly profit, while Tesla and IBM face mixed reactions to their financial reports. Moderna shares dip on vaccine trial news, and Las Vegas Sands sees a surge. Dive into the details of these market movements.
After-hours trading saw significant activity across various sectors, with companies like IBM, Tesla, and Moderna making headlines. According to reports, these movements were driven by earnings results and clinical trial updates, influencing investor sentiment as the market closed.
Behind Tesla’s Profit Decline: A Deeper Look at the Numbers While Tesla celebrated record vehicle deliveries in the third quarter,…
Shenzhen-based Leju Robotics has secured over $200 million in new funding from investors including state-backed entities. The company plans to use the capital to develop new robots and scale production ahead of a planned public listing, according to reports.
Chinese humanoid robot manufacturer Leju Robotics has reportedly raised more than $200 million in fresh funding ahead of a planned initial public offering, according to company statements released Wednesday. Sources indicate the substantial investment demonstrates continued confidence in China’s emerging robotics sector as it positions itself against international competitors.
Intuitive Surgical reported robust third-quarter results, beating profit estimates by 21% as demand for minimally invasive robotic procedures accelerates. The company raised its 2025 procedure growth forecast and adjusted margin expectations despite tariff impacts.
Intuitive Surgical reportedly delivered stronger-than-anticipated third-quarter financial results, according to recent earnings reports. The surgical robotics pioneer posted adjusted earnings of $2.40 per share, significantly surpassing analysts’ projections of $1.98 per share based on LSEG data. Revenue performance similarly exceeded expectations, with the company generating $2.51 billion against estimates of $2.40 billion for the quarter ended September 30.
Prestigious Engineering School Backs Its Own Through Specialized Venture Fund Polytechnique Ventures, the dedicated investment arm of France’s renowned École…
Amazon is reportedly planning a massive automation initiative that could replace over 600,000 workers in the United States by 2033. Internal documents obtained by The New York Times indicate the company aims to automate 75% of its operations while avoiding specific automation terminology in public communications.
Amazon is reportedly planning to replace more than 600,000 workers who would otherwise be hired in the United States by 2033 through extensive automation initiatives, according to internal documents obtained by The New York Times. The leaked data suggests this workforce transformation would occur even as the company is expected to sell approximately twice as many goods as it does today.
