PYMNTS-MonitorEdge-May-2024

Exotec

Could AI-Powered Humanoid Robots Be Coming to Retail Stores?
Could AI-Powered Humanoid Robots Be Coming to Retail Stores?
August 12, 2024  |  artificial intelligence

The potential for artificial intelligence (AI) humanoid robots in factories and stores is sparking debate among experts on the future of work and commerce. While...

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MIT Engineers Aim to Advance Household Robots With AI Integration
MIT Engineers Aim to Advance Household Robots With AI Integration
April 08, 2024  |  artificial intelligence

Thanks to advancements in artificial intelligence, household robots are getting smarter and could soon evolve far beyond their current roles as mostly self-guided vacuum cleaners....

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With 90% of Warehouses Still Manual, Robots Have Massive Retail Runway
With 90% of Warehouses Still Manual, Robots Have Massive Retail Runway
February 02, 2022  |  Supply Chain

“Build a better mousetrap, and the world will beat a path to your door.” So goes the old saying. But when Amazon Robotics Fulfillment scoffed...

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Exotec Raises $335M to Streamline Robotics Supply Chain
Exotec Raises $335M to Streamline Robotics Supply Chain
January 17, 2022  |  Investments

Global warehouse robotics company Exotec has closed a Series D funding round for $335 million at a $2 billion valuation, and it plans to use...

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