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Boston Dynamics Names Former Amazon AI Executive Rohit Prasad as CEO
TechnologyBusiness

Boston Dynamics Names Former Amazon AI Executive Rohit Prasad as CEO

Boston Dynamics has appointed former Amazon AI executive Rohit Prasad as its new chief executive officer, placing an AI veteran at the helm...

RobCo Reaches $1 Billion Valuation as German Robotics Firm Expands US Presence
TechnologyBusiness

RobCo Reaches $1 Billion Valuation as German Robotics Firm Expands US Presence

German robotics startup RobCo has reached a $1 billion valuation as the company accelerates its expansion in the United States and develops a...

Trump Administration’s AI Policy Draws Scrutiny Over Family and Allies’ Financial Interests
TechnologyBusinessPoliticsWorld

Trump Administration’s AI Policy Draws Scrutiny Over Family and Allies’ Financial Interests

The Trump administration’s approach to artificial intelligence is facing growing scrutiny as President Donald Trump resists tighter regulation while members of his family...

China’s Humanoid Robots Face Test to Prove Commercial Value
Technology

Chinese AI Firm Sees Humanoid Robot Breakthrough by 2027

Chinese embodied AI company Spirit AI expects humanoid robot intelligence to make a major breakthrough by mid 2027, but says widespread use in...

Toyota Faces $6.4 Billion Annual Factory Automation Cost From 2028
TechnologyBusiness

Toyota Faces $6.4 Billion Annual Factory Automation Cost From 2028

Toyota estimates that modernising its factories with automation and robotics could cost about 1 trillion yen ($6.4 billion) annually from 2028 as the...

Spirit AI Founder Predicts Major Breakthrough in Robot Brains by 2027
Technology

Spirit AI Founder Predicts Major Breakthrough in Robot Brains by 2027

The founder of Chinese robotics startup Spirit AI expects significant advances in robot intelligence by 2027, as companies race to develop machines capable...

Analog Devices to Acquire Alif Semiconductor for $1.35 Billion in AI Chip Push
TechnologyBusiness

Analog Devices to Acquire Alif Semiconductor for $1.35 Billion in AI Chip Push

Analog Devices (ADI) has agreed to acquire Alif Semiconductor for $1.35 billion in cash, in a move aimed at strengthening its position in...

Bill Gates Calls for Human Protected Jobs, AI Taxes to Cushion Automation Impact
ActiveBusinessWorld

Bill Gates Calls for Human Protected Jobs, AI Taxes to Cushion Automation Impact

By Benson Daniel Microsoft co founder Bill Gates has called for governments to create jobs that should remain exclusively in human hands and...