Simplifai, provider of AI automation solutions, has announced the release of Simplifai InsuranceGPT, a generative AI tool specifically built for the insurance industry. This custom-built generative AI tool automates claims management while prioritizing data security and privacy.
Bots & Business
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United Robotics Group, a European provider of service robotics, presents an extensive portfolio of robotics solutions for various industrial sectors, including CobiotX, the new generation of service robots. By incorporating products from its recent acquired Spanish subsidiary Robotnik Automation, the company debuts application showcases for the inspection and maintenance sector.
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Sheffield is poised to welcome the first robotics company within its borders. Universal Robots, the Danish collaborative robot (cobot) company, has announced the opening of its UK hub in Sheffield. Scheduled to open its doors on Thursday, 8th June, the new hub will serve as a dedicated space for UK manufacturers to explore the benefits of collaborative automation.
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Italy’s robot and automation industry is making its mark as one of the European leaders. With a total of 655 robot and automation companies, the Italian industry is the largest in Europe by number of businesses, ahead of France and Germany. This is established in a new market report from automation marketplace HowToRobot made in collaboration with the Italian Packaging Machinery Manufacturers’ Association, UCIMA.
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Waymo and Uber Technologies have announced a new strategic partnership aimed at making Waymo’s autonomous driving technology available to a wider audience through the Uber platform. The collaboration will initially launch in Phoenix.
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Amazon Web Services (AWS) has chosen 21 startups to participate in the Generative AI Accelerator program. This program offers startups in Generative AI access to training, mentorship, and resources to help grow their businesses. The program takes place at the AWS Startup Loft in San Francisco and will conclude on July 27th.
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Bots & BusinessInternationalSpotlight
Figure Secures $70M Series A Funding for Commercialization of Humanoid Robot
Figure, an AI robotics company specializing in the development of general-purpose humanoid robots, has raised $70 million in a Series A funding round. This substantial funding will be utilized to accelerate the advancement of Figure 01, the company’s autonomous humanoid robot, establish Figure’s AI data pipeline for autonomous operations, and drive forward with commercialization efforts.
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Industrial robot supplier, TM Robotics, distribution partner of Shibaura Machine, will launch the full THE SCARA robot range to the European market at Automatica 2023. Held from 27 to 30 June in Münich, Germany, Automatica is a significant event for Europe’s robot launches. TM Robotics will exhibit under the Shibaura Machine name in hall B5, stand 406.
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FastPath Automation, provider of Intelligent Automation solutions, has announced a major milestone in its journey. The company is now officially part of Future WorkForce, With this transformation, FutureWorkForce aims to continue serving the Benelux market and deliver transformative change for its clients and partners.
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The North American robotics market showed strong growth: Total installations in manufacturing rose by 12% and reached 41,624 units in 2022. Number one adopter is the automotive industry: companies based in the US, Canada and Mexico installed 20,391 industrial robots – up 30% compared to 2021. These are preliminary results, presented by the International Federation of Robotics (IFR).