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Figure AI ships Figure 02 humanoid robots to a paying customer

Robotics Business Review

Since emerging from stealth in January 2023, the Sunnyvale, Calif.-based In May 2023, Figure AI raised $70 million in Series A funding, and that July, Intel Capital invested in the company. In May 2023, Figure AI raised $70 million in Series A funding, and that July, Intel Capital invested in the company.

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Top 10 robotics developments of 2024

Robotics Business Review

The humanoid frenzy that began in 2023 continued throughout 2024. Five robotics startups Bill Gates is excited about About $90 billion has been invested in robotics companies in the past five years, according to F-Prime Capitals 2023 “State of Robotics Report.” and big trade shows. Read more. Read more. Read more.

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Automotive industry likely to continue leading robotics growth, says A3

Robotics Business Review

Automotive manufacturing will continue to drive North American robotics adoption, says A3. Source: ABB The Association for Advancing Automation, or A3, today released its quarterly and end-of-year report on robot orders in North America for 2023. Burnstein: The automotive industry in the U.S. The Ann Arbor, Mich.-based

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CES 2024: Artificial Intelligence, Electrification, and Hydrogen Take Centerstage

Frost & Sullivan Manufacturing

From artificial intelligence to autonomous driving, electrification to micromobility, sustainability to sensors, established automakers to startups, concepts for road, air, and marine transportation – it was all there. will facilitate intelligent, automotive-grade ChatGPT integration.

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2023 robot orders down 30% from 2022 in North America, according to A3

Robotics Business Review

Source: A3 After two years of record sales, North American robot orders declined by 30% in 2023, said the latest report from the Association for Advancing Automation, or A3. The organization said it expects the slowdown, particularly in automotive manufacturing, to continue until the second half of 2024.

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Prime Minister Trudeau’s CMTS 2023 visit: A strong endorsement for Canada’s manufacturing industry

Automation Mag

Prime Minister Justin Trudeau walked the floor of the 2023 Canadian Manufacturing Technology Show (CMTS) on September 26. The Prime Minister toured through the exhibits of CMTS 2023, a national industry event, at its new venue, The Toronto Congress Centre. Prime Minister Trudeau at CMTS 2023.

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Using drones to improve wildfire and forest management

Robotics Business Review

Dietmar Ley, chairman of the association, attributed this decline to structural weaknesses within the industry, including over-reliance on the German automotive sector and broader competitiveness issues. These weaknesses were evident in 2024, with a 16% domestic decrease compared to 2023.