collaborative robotics News

Robots Gain as Pandemic Lockdowns, Safety Issues Cause Factories to Automate

While a resurgence in coronavirus cases in Texas has brought many businesses to a screeching halt, eight robots have kept All Axis Machining’s metal fabrication facility in Dallas humming. The small, nimble robots perform multiple jobs, such as machine-tending, sanding, …

Making Working with Robots Safe for Humans

Veo Robotics Inc., a startup developing sensor technology that lets industrial robots work safely side-by-side with humans, closed a funding round as it prepares to roll out the product in May. The company raised $15 million late last month, bringing …

Business Leaders Urge New Job Policies as Technology Displaces Workers

Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines. And while business leaders gathered at the annual World Economic Forum (WEF) in Davos relish …

Robo-Insurance Agents? Bring ‘Em On, Phygitally, Say Consumers

Seven in 10 consumers around the world would welcome robo-advisory services – computer-generated advice and services that are independent of a human advisor – for their banking, insurance and retirement planning, according to a report by consultants at Accenture. Close …

Toyota $1B Research Labs Near Stanford, MIT to Develop Autonomous Vehicles

Toyota Motor Corp. is spending $1 billion to form a research institute focused on the artificial intelligence and robotics technology it needs to make cars that can overcome driver errors and reduce traffic fatalities. Toyota Research Institute Inc. will pitch …

Cobots: Making It Safe for Humans, Robots to Work Side-by-Side

In June this year a robot crushed a man to death in a Volkswagen factory in Germany. The 22-year-old maintenance worker became trapped between a large robotic arm and a metal plate, in an area usually off-bounds to humans. The …