hyundai Hyundai Motor Group Secures Controlling Stake in Boston Dynamics Hyundai Motor Group acquires a controlling interest in Boston Dynamics from SoftBank Group. The strategic deal brings together Hyundai's manufacturing strength with leading robotic technology.
robotics Johns Hopkins Researchers Use Positive Reinforcement to Speed Up Robot Training A new study called "Good Robot" from Johns Hopkins University shows that rewarding robots for correct actions significantly reduces their training time. The method cuts the learning period for basic tasks from a month down to just two days.
google Google Duplex AI Updates 3 Million Business Listings During Pandemic Google reveals that its Duplex AI successfully updates over 3 million business listings across eight countries since the pandemic began. The system now handles 99% of its calls entirely automatically.
google Google's Area 120 Debuts Tables, an Automated Work Tracking Rival to Airtable Google's in-house incubator launches Tables, a work-tracking tool that uses automated bots to eliminate manual project updates. The service integrates deeply with existing Google Workspace apps to simplify team coordination.
hypatos Hypatos Raises $11.8M to Bring Deep Learning to Document Processing Germany-based Hypatos secures $11.8 million in seed funding to expand its deep learning-powered document processing platform. The startup aims to outperform traditional robotic process automation by offering smarter, context-aware financial automation.
google Google Area 120 Debuts Tables to Automate Work Tracking Google's Area 120 incubator launches Tables, a no-code automation tool that integrates with popular Google Workspace apps to streamline team workflows.
artificial intelligence Pandemic Drives Mainstream Adoption of Artificial Intelligence in 2020 The coronavirus pandemic forces organizations to replace inefficient manual processes with AI-driven automation, pushing the technology firmly into the mainstream business world.
robotics investments Robotics Sector Secures $1.9 Billion in Funding During July 2020 Robotics companies attract over $1.9 billion across 47 transactions in July 2020, showing steady investor interest despite the global pandemic. Autonomous vehicles lead the funding rounds, followed by drones and healthcare robots.
robotics Robotics Investments Reach $2.3 Billion in August 2020 Robotics funding defies the global economic downturn as 50 transactions total $2.3 billion in August 2020. Autonomous vehicles, industrial automation, and healthcare systems lead the way for eager investors.
robotics Robotics Industry Navigates Pandemic Challenges to Achieve Record Growth The robotics industry experiences significant growth in 2020 despite global disruptions, with service robots surging 32% and industrial robots reaching 2.7 million units worldwide.
lockbit New LockBit Ransomware Uses Self-Spreading Automation to Rapidly Encrypt Networks A relatively new ransomware strain named LockBit relies on highly automated, self-spreading features to ravage corporate networks in just hours instead of weeks. The malware exploits weak administrative passwords and missing multi-factor authentication to quickly lock down victim data.
ai Pandemic Panic Buying Disrupts Retail AI Models Worldwide Sudden shifts in consumer shopping habits during the COVID-19 outbreak are breaking machine-learning models trained on historical data, forcing companies to rely on manual human intervention.
robots Robots and Drones Take on Delivery Duties During Coronavirus Pandemic As the COVID-19 crisis limits human contact, robots and drones step up to handle deliveries and reduce infection risks for essential workers.
celonis Celonis Expands Beyond Process Discovery to Automated Workflow Improvement Celonis introduces new automated workflow tools that help companies fix inefficiencies instead of just finding them, starting with finance and supply chain applications.
social media Social Media Platforms Warn of Increased AI Moderation Mistakes Amid Pandemic Major social media companies rely heavily on automated content moderation as human reviewers work from home during the coronavirus pandemic. This shift leads to slower response times and a higher rate of erroneous content takedowns.