2023 was full of highlights and lowlights. In this year in review episode, we discuss the top robotics stories with our special guests.
Agility Robotics’ Melonee Wise on how humanoids can fill automation gaps
Melonee Wise, Agility Robotics as CTO, joins the podcast to share her thoughts about the role humanoids will play in automation.
Cruise becomes first company authorized to test robotaxi service in California
Cruise becomes the first driverless passenger service to receive a permit to operate within California.
Robotics investments recap: May 2019
May 2019 might have been a slow month for robotics transactions, but investors are still bullish on robots, autonomous vehicles, and AI for supply chain, healthcare, and food applications.
GM Cruise raises $1.15B for self-driving cars
Cruise, the San Francisco-based autonomous vehicle division of General Motors (GM), raised another $1.15 billion in funding, which increased Cruise’s valuation to $19 billion. The investors in the round include T. Rowe Price Associates, Honda, Softbank Vision Fund and GM. Cruise says it has raised $7.25 billion in capital in the last year. In October 2018,…
Softbank Vision Fund to invest $2.25B in GM’s Cruise
The Softbank Vision Fund is investing $2.25 billion in GM Cruise Holdings LLC, which is primarily made up of Cruise Automation, the driverless car developer GM acquired in 2016 for nearly $1 billion. When the deal closes, Softbank Vision Fund, an affiliate of Japan’s SoftBank Group Corp., will own a 19.6 percent stake in GM…