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News
Ocean Power Technologies demonstrates WAM-V maritime drone in U.S. Army coastal trials
3+ day, 22+ hour ago (519+ words) Ocean Power Technologies CEO Philipp Stratmann joined Steve Darling from Proactive to discuss the company's participation in a week-long U.S. Army demonstration designed to evaluate advanced autonomous maritime technologies operating in some of the most challenging nearshore environments.The demonstration is…...
UBS says a new 'physical AI' era favours the makers of robot parts, not the robots themselves
1+ week, 5+ day ago (305+ words) Robots are learning to handle the physical world in a fundamentally new way, and investors should look at the companies supplying their parts, according to a note from UBS, the Swiss bank. The note, from the bank's wealth management chief…...
Robots have no internet to learn from. Is that the flaw in the 'ChatGPT moment' pitch?
3+ week, 4+ day ago (306+ words) When Unitree's Wang Xingxing told a Beijing conference earlier on Thursday that humanoid robots are nearing their "ChatGPT moment," he was reaching for the most seductive analogy in technology. In short, the two problems are not alike, and the difference…...
Chinese robot maker Unitree raises $905m as Shanghai shares soar 542%
3+ week, 5+ day ago (213+ words) Shares in Unitree Robotics, the Chinese humanoid robot maker, surged 542% on its Shanghai market debut on Wednesday after raising about 6.1 billion yuan ($905 million) in an initial public offering. The Hangzhou-based company saw its shares reach 968.1 yuan each, having touched a…...