This week in artificial intelligence (AI) news, as large language models (LLMs) near technical limits, the focus shifts to retrieval-augmented generation (RAG), which combines information retrieval with natural language generation, and Walmart is updating its distribution centers by introducing autonomous electric forklifts, marking a significant...
In Walmart’s sprawling distribution centers, a quiet change is underway. The retail behemoth is preparing to deploy a fleet of 19 autonomous electric forklifts across four of its facilities, marking a significant step forward in integrating AI-powered robots into industrial settings. As these machines take on the repetitive and strenuous tasks...
There was nothing electric about electric vehicle (EV) maker Tesla’s latest financial results. The company reported its first quarter 2024 earnings results Tuesday (April 23), disclosing a 55% drop in profits when compared to the same period last year. “We experienced numerous challenges in Q1, from...
The integration of robotics is reshaping surgical procedures, promising enhanced precision, efficiency, and improved patient outcomes. Recent earnings reports from industry giants like Intuitive Surgical and Johnson & Johnson (J&J) shed light on the growing demand for robotic-assisted solutions, underlining a shift in the medical technology (MedTech) landscape....
February 22, 2024
As on-demand delivery aggregators look to automation to reduce labor costs, Uber sees the opportunity to roll out autonomous sidewalk robots in dense cities worldwide — but only for certain kinds of orders. In an interview with PYMNTS, Noah Zych, Uber’s global head of autonomous mobility and delivery, spoke to the company’s recent partnership with Mitsubishi […]
January 22, 2024
Omnichannel commerce has transformed how we pay for things and the length of time in which we expect to get what we pay for. Delivery windows are shrinking. Where once...
January 08, 2024
Just a week ago, the smart money was on artificial intelligence to dominate the Consumer Electronics Show. But someone forgot to tell the robots. Because when the show opens on...
September 01, 2023
Despite Walmart’s better-than-expected earnings results, Reuters reported earlier this week that the mega-retailer is asking 16,000 pharmacists nationwide to voluntarily cut hours in an effort to conserve margins. According to...
April 03, 2024
Apple is reportedly considering entering the personal robotics market. The company is exploring projects in this field as it looks for new opportunities for growth after ending its electric vehicle project, Bloomberg reported Wednesday (April 3). One project is a mobile robot for use in homes, while another is a tabletop device with a display that can be […]
March 21, 2024
Nvidia is entering the humanoid robotics field with its new foundation model, Project GR00T. The company announced the artificial intelligence (AI) system at its developer conference this week, saying that it is versatile...
March 12, 2024
A new company called Physical Intelligence has announced its launch, saying it aims to develop artificial intelligence (AI) to power “the robots of today and the physically actuated devices of the future.”...
March 04, 2024
Amazon said last week that its Innovation Fund is ramping up its investment in robotics. And as a report Monday (March 4) by Bloomberg News notes, the company already has robots...
