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China's technology advancements never fail to amaze the world, and the recent unveiling of the Ex-Robots $15 billion female humanoid robot factory is no exception. The video showcasing the production process of these state-of-the-art robots has taken the internet by storm, garnering millions of views in just a few days. Located in the bustling coastal city of Dalian, the Ex-Robots factories are at the forefront of innovation, focusing on perfecting humanoid robots with lifelike facial expressions and emotional reactions. The sheer scale and capabilities of this factory have left many stunned, especially in the US, where technological innovat...... Read Full article on GretAi

Artificial intelligence is the big thing right now, with industries from finance to health care to retail scrambling to adopt AI or risk being left behind. But speaking as professors of business, we think some companies might be jumping the gun. Our recent research suggests that service providers shouldn’t automatically jump on the AI bandwagon. Instead, they should make a choice informed by their strategy. In short, when it comes to AI and service firms, more isn’t necessarily better. Why service providers face a different calculation Are you a manufacturer? Then if AI reduces your costs without lowering quality and gives you the r...... Read Full article on GretAi

China’s annual parliamentary meetings in Beijing came to a close on March 11. They were conducted under great pressure: a weak economy and high expectations from both the domestic public and international observers as to what the government can do to get the economy out of the woods. The country’s leaders did not shy away from mentioning all of the economic problems facing China. But they also attempted to boost the morale of the Chinese public by outlining how the country would march into the next chapter of the Chinese story – mainly by striving to become a global leader in technology. The government used the meetings to declare tha...... Read Full article on GretAi

Europe invests a lot in research, and publishes and patents many ideas. But it fails to compete with the US and China when it comes to translating its innovation effort into large, global technology firms. The seven largest US tech companies, Alphabet (Google), Amazon, Apple, Meta, Microsoft, Nvidia and Tesla, are 20 times bigger than the EU’s seven largest, and generate more than ten times more revenue. That isn’t to say Europe has no tech success stories. The world leader in music streaming is Spotify, a Swedish company. Dutch company ASML produces the world’s most advanced computer chips, and Danish drugmaker Novo Nordisk is leadin...... Read Full article on GretAi

Video Friday is your weekly selection of awesome robotics videos, collected by your friends at IEEE Spectrum robotics. We also post a weekly calendar of upcoming robotics events for the next few months. Please send us your events for inclusion. HRI 2024: 11–15 March 2024, BOULDER, COLORADO, USAEurobot Open 2024: 8–11 May 2024, LA ROCHE-SUR-YON, FRANCEICRA 2024: 13–17 May 2024, YOKOHAMA, JAPANRoboCup 2024: 17–22 July 2024, EINDHOVEN, NETHERLANDS Enjoy today’s videos! Figure has raised a $675 million Series B, valuing the company at $2.6 billion. [ Figure ] Meanwhile, here’s how things are going at Agility Robotics, whose l...... Read Full article on GretAi