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Toyota’s $6.4bn robotics estimate puts physical AI in focus

Toyota Motor estimates that expanding automation across its factories, group companies, and major suppliers could require around 400,000 robots and annual spending of about 1 trillion yen ($6.4 billion) from 2028. The potential investment was discussed with investors earlier in September, according to Reuters. Toyota has not said whether the full investment will proceed or

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Accuracy score results for the post-trained NVIDIA Nemotron 3.5 Lightning AI model.

Palantir Foundry and cuOpt drive NVIDIA supply chain allocation

NVIDIA is using Palantir Foundry and cuOpt to automate its hardware supply chain allocation decisions across global manufacturing sites. The company measures operational delivery from wafer-out to first token. This window splits into time-to-rack (the transit from fab output to an assembled data centre system) and time-to-token (which covers power, cooling, networking, and day-one software

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CloudNC aims to accelerate AI supply chain machining

CloudNC has secured $20 million in new capital to scale its AI precision machining technology across global supply chain networks. The investment round was led by US venture investor Nimble Ventures, with participation from Calculus Venture Capital, Entrepreneur First, and LM Ventures, the venture capital fund of Lockheed Martin. Founded in 2015, CloudNC operates from

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Samsung taps Mistral AI models for semiconductor manufacturing

Samsung has partnered with Mistral AI to deploy on-premises models across its semiconductor manufacturing and engineering operations. The agreement was announced during the bilateral state summit held in Paris between South Korea and France. Samsung will integrate Mistral’s software suite – including its flagship Mistral Large model – into internal semiconductor facilities to build customised

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With a feel for physics, AI models simulate a wider range of real-world scenarios

Artificial intelligence models are jacks of many trades, including writing, generating images, and creating 3D models. But they aren’t as helpful when it comes to testing robots or designs for vehicles in diverse environments, since they don’t understand physics as well as they do pixels or text.To build an AI system that can reliably simulate

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MIT projects selected for funding under US Department of Energy’s Genesis Mission

MIT researchers are set to contribute to the U.S. Department of Energy’s (DOE) Genesis Mission, with 15 collaborative projects among those selected for funding under Genesis Phase I, DOE announced Wednesday.The Genesis Mission, a national initiative, intends to build “the world’s most powerful integrated science discovery platform” by incentivizing cross-sector collaborations that leverage AI, supercomputing, quantum systems,

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Takeda signs US$600M AI drug discovery deal with Insilico

Takeda has entered a strategic collaboration with Hong Kong-based Insilico Medicine to use AI in early-stage drug discovery across the Japanese pharmaceutical company’s therapeutic areas. The companies did not disclose which therapeutic areas or disease targets will be covered under the collaboration. The agreement gives Takeda access to Insilico’s Pharma.AI platform, which supports biological target

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MIT’s Initiative for New Manufacturing builds momentum

In May, the Initiative for New Manufacturing (INM) marked its first anniversary with MIT Manufacturing Week, four days of events that attracted more than 800 registrants including students, faculty, industry leaders, investors, entrepreneurs, and government officials to explore topics ranging from how companies are using AI on factory floors to the role of startups in

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Technology usually creates jobs for young, skilled workers. Will AI do the same?

At any given time, technology does two things to employment: It replaces traditional jobs, and it creates new lines of work. Machines replace farmers, but enable, say, aeronautical engineers to exist. So, if tech creates new jobs, who gets them? How well do they pay? How long do new jobs remain new, before they become

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Embodied AI Fuels Record Robotics Funding In China As IPO Momentum Builds

Venture investment in China’s robotics sector has hit an all-time high this year, Crunchbase data shows, as several well-funded startups in the space make IPO debuts. Just through mid-May, China-based robotics companies this year have raised $5.6 billion across 176 deals, Crunchbase data shows. That sum matches total investment to the nation’s robotics companies in

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