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Persona AI raises $27M to develop humanoid robots for shipyards

Robotics Business Review

Source: Persona AI Persona AI Inc., a humanoid robot and embodied artificial intelligence developer, this week said it has closed an oversubscribed pre-seed funding round, raising $27 million. Robotics veterans founded the startup in 2024. Nic Radford, the CEO, was the founder and former CEO of Nauticus Robotics.

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LOXO expands into Germany with self-driving logistics subsidiary

Robotics Business Review

Source: Schindler Group LOXO AG today opened its first international subsidiary in Munich, Germany. billion in 2023 and projected to surpass $504 billion by 2032, has enormous untapped potential,” asserted LOXO. The post LOXO expands into Germany with self-driving logistics subsidiary appeared first on The Robot Report.

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Move Digital plans to manufacture robots for the home

Robotics Business Review

Move Digital plans to expand from AI and blockchain into robotics. Source: Adobe Stock Move Digital Ltd., a developer of artificial intelligence and blockchain technologies, this week announced its strategic expansion into the field of robotics manufacturing. billion by 2032, projected Benchmark International.

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Robotics and Automation in 2022 – Can They be a Hedge to Recession?

i4.0 today

Robotics and automation have significantly revolutionized how people work and live across a number of industries. The robotics and automation sector provides solutions to mitigate the issue by reducing operational costs and increasing production efficiency. Collaborative Robots (Cobots) Will be in Their Prime Time Within Ten Years.

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IDTechEx Explore Key 5G Trends to Watch Out for from 2023 Onwards

i4.0 today

The idea of Open RAN is to provide telecom operators an alternative way to build networks based on disaggregated RAN components with standardized interoperability, which includes using non-proprietary white-box hardware, open-source software from different vendors, and open interfaces. Who are the players in the Open RAN field?