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News
Nscale Inks $3.5 Billion Deal With Robotics Firm Figure
1+ week, 3+ day ago (418+ words) This deal will see Nscale provide computing resources for Figure and commit at least $3.5 billion — and up to $6 billion — to power the development of Figure’s AI models and robots, Nscale announced Thursday (Sept. 3). “We’re excited to partner with Figure as…...
Walmart Teams With Dunkin??? to Expand Restaurant Delivery
1+ week, 3+ day ago (418+ words) Walmart has announced an addition to its three-month-old restaurant delivery service. After teaming with Subway on deliveries in June, the retail giant announced Thursday (Sept. 3) that it is expanding the program to include Inspire Brands, a restaurant company whose portfolio…...
PYMNTS | The Hardest Job in Logistics Is Going to Robots
1+ week, 5+ day ago (206+ words) Amazon is looking to integrate a solution that could help its delivery stations operate 2.5 times faster than today’s setup. Dual-armed robots are already loading FedEx trailers in Maryland, while DHL’s fleet unloads up to 700 boxes an hour across warehouses worldwide....
Warehouses Buy Robots and Hire Workers at Once
2+ week, 5+ day ago (211+ words) Warehouses ordered nearly 18,000 robots worth $1.2 billion in the first half of 2026, yet job openings rose alongside them. Order value grew three times faster than unit count, a sign warehouses are buying integrated, software-driven robots. With 17% of warehouse workers over 55 and…...
Amazon Envisions Next-Generation Automated Stations to Process Packages 2.5 Times Faster
2+ week, 6+ day ago (349+ words) This initiative, known internally as Project Tetromino, aims to use artificial intelligence and robotics to automate work such as organizing packages and preparing them for delivery vehicles, according to the report. Amazon plans to launch a pilot facility in 2028 and…...
General Intuition Aims to Raise Capital at $6 Billion Valuation to Power AI Robotics
2+ week, 6+ day ago (401+ words) General Intuition, which is developing a foundation artificial intelligence model with potential applications in robotics, is finalizing a funding round that would value the company at $6 billion, TechCrunch reported Monday (Aug. 24), citing unnamed sources. The company’s AI model was developed…...
Robotics AI Firm Dexmal Seeks $3 Billion Valuation in New Funding Round
3+ week, 2+ day ago (393+ words) Dexmal, a Chinese firm developing embodied artificial intelligence to control robots, is seeking a valuation of 20 billion yuan ($3 billion) in a funding round, Bloomberg reported Friday (Aug. 21). The talks are ongoing, Dexmal Founder Tang Wenbin said in the report. Previous…...
Robot Orders Surge to $622 Million as Earnings Follow
3+ week, 5+ day ago (513+ words) PYMNTS.com Robot Orders Surge to $622 Million as Earnings Follow American businesses are spending more on robots, and the companies building them are reaping the rewards. North American companies ordered 8,940 robots worth $622 million in the second quarter, up 4.3% in units…...