All articles tagged with #warehouse automation
Amazon has deployed its one millionth robot, showcasing its leadership in warehouse automation and AI integration with the new DeepFleet system, which optimizes robot efficiency and reduces delivery times, while also investing in workforce upskilling to complement technological advancements.
Amazon has deployed its one millionth robot in its warehouses, reaching a milestone after 13 years of automation, and announced the release of a new generative AI model called DeepFleet to improve robot coordination and efficiency, alongside ongoing advancements in robotic capabilities and new fulfillment centers.
Symbotic, a company specializing in AI-driven supply chain automation solutions, is positioned to benefit from the growing demand for faster delivery times in e-commerce. Its innovative system, powered by AI, optimizes warehouse logistics, resulting in significant cost savings and increased efficiency for retailers like Walmart and Target. With a forecasted global warehouse automation market growth and a joint venture with Softbank, Symbotic's stock has surged 154% over the past year, presenting a compelling investment opportunity in the burgeoning AI industry.
Figure AI Inc., a startup aiming to create autonomous humanoid robots for warehouse work, is raising $675 million in funding with backing from big names like Jeff Bezos, Microsoft, OpenAI, Nvidia, and Intel. The company's AI-powered robot, Figure 01, is designed to perform dangerous warehouse jobs and address labor shortages. With a pre-money valuation of about $2 billion, the startup is attracting significant investment amid a broader AI boom in the industry.