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Path Robotics raises $100M to automate welding

Robotics Business Review

Path Robotics offers is autonomous welding robots with a RaaS pricing model. Source: Path Robotics Over the past 12 months, Path Robotics has closed $100 million in new investments. Founded in 2018 by brothers Andy and Alex Lonsberry, Path Robotics’ stated goal is to fill gaps in the manufacturing industry.

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Humanoid robots promise a multi-trillion-dollar market, but pose challenges

Robotics Business Review

Agility Robotics’ Digit humanoid was in trials at GXO. Source: Agility Robotics As an early investor in Agility Robotics, now one of the world’s leading manufacturers of humanoid robots, I’ve watched as humanoids have evolved from a fascinating concept to reality over the past five years.

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

Robotics Business Review

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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B&R unveils ‘AI-enhanced fitness tracking for machines’

Robotics Automation News

B&R Industrial Automation has unveiled what it describes as AI-enhanced fitness tracking for machines or a new artificial intelligence-based system that monitors the health of industrial machines, aiming to help manufacturers prevent costly breakdowns and extend equipment lifespan.

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How Artificial Intelligence is revolutionising Industry 4.0

Factory Worx

How Artificial Intelligence is revolutionising Industry 4.0. One of them is Artificial Intelligence in manufacturing industry 4.0. Following is an outline that includes both these aspects of artificial intelligence within the Industry 4.0 Read Our Blog. Impact of AI in manufacturing 4.0 technologies.

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Funding the next wave of robotics

Robotics Business Review

The Robot Report Podcast Funding the next wave of robotics The Robot Report Podcast Nuro navigates to fully autonomous driving In Episode 176 of The Robot Report Podcast, we feature an interview with venture capitalists Juliette Chevallier, Principle at Scale Ventures, and Jasmeet Singh founder of JMOON Ventures.

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2024: The year humanoids woke up

Robotics Business Review

Just this month, Citis leading investment analysts published The Rise of AI Robots: Physical AI is Coming for You. Contributing researcher Rob Garlick supported Wenyans bold statement by justifying that the biggest difference today is the speed of generative artificial intelligence (GenAI). Nic Radford with NASAs Valkyrie robot.