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Keywords: Automation
Morocco’s ports are undergoing a major digital transformation as automation, data-driven systems and smart technologies become increasingly important in the management of maritime traffic. The shift is changing the way containers, ships and cargo are handled, while helping ports improve efficiency,......
Chinese robotics company Unitree Technology is expected to reach a valuation of more than 50 billion yuan ($7.4 billion) following its planned initial public offering in Shanghai, according to a report from IPO sponsor Citic Securities shared with institutional investors. The projected valuation highlights......
Billionaire entrepreneur Elon Musk has raised concerns over the United States' worsening fiscal outlook, warning that the continued growth of public debt could pose a serious threat to the country's economic stability. He argued that large-scale adoption of artificial intelligence and robotics......
Chinese humanoid robot developer AgiBot has begun the process of preparing for a potential initial public offering in Hong Kong, according to state media outlet Securities Times, as competition in artificial intelligence and robotics accelerates. The move places AgiBot among a growing number of Chinese......
More than 200 economists, researchers, and technology experts from around the world have issued a joint warning that the rapid development of artificial intelligence (AI) could reshape the global economy at an unprecedented pace, urging governments and businesses to prepare for the profound changes ahead. The......
Volkswagen is strengthening its autonomous driving strategy in China by expanding the collaboration between its local automated driving unit, CARIZON, and Chinese technology company Horizon Robotics. The enhanced partnership is designed to accelerate the development of next-generation artificial intelligence......
Blackstone has expanded its presence in the industrial technology sector through a new investment in Futronic, a South Korean manufacturer specializing in high-precision actuators for automotive and industrial robotics applications. The transaction, announced on Monday, underscores growing investor......
Nvidia and Japan's Kawasaki Heavy Industries have announced a collaboration to develop artificial intelligence-powered robots for the shipbuilding sector, a project aimed at accelerating automation while addressing the country's growing labor shortages. The initiative, unveiled during Nvidia......
A new study suggests that the rapid expansion of generative artificial intelligence is increasingly affecting employees aged 55 and older, challenging the widespread belief that AI poses the greatest risk primarily to younger workers. The research, conducted by the Center for Retirement Research at......