Topic: physical ai
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SoftBank Bets $5.4 Billion on AI-Powered Robotics
SoftBank is investing $5.4 billion to acquire ABB's robotics division, marking a major return to robotics and expanding its automated systems portfolio despite past setbacks like the Pepper robot. The acquisition strengthens SoftBank's position in industrial robotics and aligns with founder Masay...
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Coco Robotics launches AI lab led by UCLA professor
Coco Robotics has launched a new AI research facility to utilize five years of data from its delivery robots, aiming to advance full autonomy and reduce costs. The lab is led by Professor Bolei Zhou, whose expertise in computer vision and robotics aligns with Coco's goals, and he is expected to a...
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SoftBank Expands Robotics Empire with ABB Unit Acquisition
SoftBank Group has agreed to acquire ABB's robotics division for $5.375 billion, marking a strategic expansion into "physical AI" and robotics as a core growth area, with the deal expected to close by late 2026. The ABB robotics unit, which employs 7,000 people and generated $2.3 billion in reven...
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AI2's MolmoAct Uses 3D Thinking to Rival Nvidia, Google in Robotics AI
The Allen Institute for AI (AI2) developed MolmoAct 7B, an open-source 3D-aware model that outperforms competitors like Nvidia and Google by enabling robots to navigate physical spaces more precisely using spatially grounded perception tokens. Early tests show MolmoAct achieves a 72.1% task...
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Gartner's Top Strategic Tech Trends for 2026 Revealed
Gartner identifies key strategic technology trends for 2026, emphasizing responsible innovation, operational excellence, and digital trust in an AI-driven, interconnected business environment. Top trends include AI supercomputing platforms for complex workloads, multiagent systems for automation ...
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Gartner's Top Tech Trends Shaping 2026
Businesses must adapt to transformative technology trends by 2026, focusing on AI, cybersecurity, and data governance to stay competitive and redefine operational models. Key trends include AI security platforms for risk management, preemptive cybersecurity using AI to prevent threats, and confid...
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Alibaba Integrates Nvidia AI Hardware Into Its Platform
Alibaba is integrating Nvidia's AI tools into its cloud platform to enhance offerings for developers in robotics, autonomous vehicles, and smart environments. The partnership centers on Nvidia's Physical AI software for creating 3D digital replicas to generate synthetic data for training AI model...
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Tech Leaders Unite on Future Industries at GITEX 2025
GITEX GLOBAL 2025, the world's largest tech and AI exhibition, will take place from October 13-17 in Dubai, featuring over 6,800 enterprises and 2,000 startups from 180 countries focused on AI infrastructure and critical sectors like biotech and quantum computing. The event highlights record inte...
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