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☆ Demand for human-like robots that can do just about any job is expected to boom by 2026. These 10 stocks are set to profit off the growth, according to an investment strategist.
▼ + stars: | 2024-04-23 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

By 2027, that ratio is expected to increase to 43% of tasks completed by machines and 57% by humans. "On the one hand, yes, it's scary to envision a world in which almost no job is safe from automation or from robotics. The annual installation of industrial robots is expected to grow by about 30%, from 553,000 installations in 2022 to 718,000 in 2026. Themes ETF launched its version of a robotics-focused ETF called Themes Robotics and Automation ETF (BOTT) on Monday. Lincoln Electric Holdings (LECO)Toyota Industries (6201 JP)Esab Corp (ESAB)Nordson Corp (NDSN)Fortive Corp (FTV)Intel Corp (INTC)Konecranes Oyj (KCR FH)Microchip Technology (MCHP)Silicon Motion Technology (SIMO)Semtech Corp (SMTC )

Persons: Taylor Krystkowiak, Krystkowiak, Konecranes, SIMO, Semtech Organizations: Boston Dynamics, Business, International Federation of Robotics, Automation, Lincoln Electric Holdings, Toyota Industries, Esab, Nordson, Fortive, Intel Corp, Technology, Motion Technology Locations: Medicine, guesswork

☆ Boston Dynamics just unveiled a fully electric, freakishly flexible humanoid robot
▼ + stars: | 2024-04-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Boston Dynamics showed off a fully electric version of its humanoid robot Atlas on Wednesday. The robotics company retired its hydraulic humanoid robot, Atlas, on Tuesday but then posted a video on Wednesday debuting its new, fully electric Atlas. "We designed the electric version of Atlas to be stronger, more dexterous, and more agile," the company said. Boston Dynamics says the fully electric Atlas "will be stronger, with a broader range of motion than any of our previous generations." AdvertisementAtlas may have even helped inspire Tesla's humanoid robot, Optimus.

Persons: — Organizations: Boston Dynamics, . Boston Dynamics, Hyundai, Service, SpaceX

☆ Atlas, a Humanoid Robot From Boston Dynamics, Is Leaping Into Retirement
▼ + stars: | 2024-04-17 | by ( Johnny Diaz | ) www.nytimes.com time to read: +1 min

Atlas, the humanoid robot that dazzled followers for more than a decade with its outdoor running, awkward dancing and acrobatic back flips, has powered down. On Wednesday, Boston Dynamics, the company that created it, announced the arrival of the next generation of humanoid robots — a fully electric robot (also named Atlas) for real-world commercial and industrial applications. For anyone worried about what would happen to the hydraulic bipedal machine (a robot home? A spokesman, Nikolas Noel, said that retirement would mean that the Atlas would move to its “robot retirement home,” which is to say that it would be “sitting in our office lobby museum” with other decommissioned robots. The old Atlas was used to research full-body mobility and to explore what was possible in robotics, Mr. Noel said.

Persons: Nikolas Noel, Noel Organizations: Boston Dynamics, Defense, Research Projects Agency, Pentagon

☆ A robotic police dog named 'Roscoe' created by Boston Dynamics took a bullet and helped avert a fatal shooting, police say
▼ + stars: | 2024-03-30 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +1 min

Massachusetts state police say a suspect shot a Boston Dynamics robot dog during a SWAT standoff. The company said it was the first time one of its robot dogs took a bullet. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . State troopers used three robots developed by Boston Dynamics to flush out a suspect hiding in a residence after shooting at police in Barnstable, Massachusetts earlier this month, state police said. This story is available exclusively to Business Insider subscribers.

Persons: —, Roscoe Organizations: Boston Dynamics, Service, State, Business Locations: Massachusetts, Boston, Barnstable , Massachusetts

☆ A global scramble to make humanoid robots is gearing up to be the 21st century's space race
▼ + stars: | 2024-03-30 | by ( Joshua Zitser | Jyoti Mann | ) www.businessinsider.com time to read: +11 min

Humanoid robots are symbols of power and technological capability, a geopolitics expert says. An incident earlier this month involving a Saudi humanoid robot inappropriately touching a female reporter might not at first seem even remotely connected. AdvertisementHumanoids are visual representations of breakthroughs in AIIn Italy, the Istituto Italiano di Tecnologia is working on iCub, a research-grade humanoid robot. AdvertisementChina wants to take the leadWhen it comes to humanoid robots, China is vying for the top spot, so it's no wonder other nations are getting nervous. "The vast magnitude of the market offers an unmatched chance to test, improve, and expand the uses of humanoid robots," he said.

Persons: —, Neil Armstrong's, Muhammad, Elie Metri, Giorgio Metta, Metta, there's, Zen Koh, Koh, Peggy Johnson, Johnson, it's, David Becker, OpenAI, Mercedes, Tesla, Julian Mueller, Kaler, Mueller, Tang Ke, Li Boyang, Will Jackson, Johannes Simon, you've, Jackson, we're, Gartner, Nvidia's, Melonee Wise, Justin Sullivan, Metri Organizations: Service, Robotics, QSS Robotics, Muhammad, Istituto, Tecnologia, European Union, Ministry of Industry, Information Technology, Fourier Intelligence, Getty, BMW, Strategic Foresight, Stimson, TIME, Beijing, Conference, Boston Dynamics, Arts, Engineered Arts, GTC, Getty Images Saudi Locations: China, Saudi Arabia, Italy, Soviet Union, Saudi, DeepFest, Riyadh, Robotics Saudi Arabia, India, Nigeria, Shanghai, Oregon, Las Vegas, Texas, Beijing, China's Liaoning Province, San Jose , California, Getty Images Saudi Arabia, QSS, Europe

☆ Jensen Huang brought a squad of 9 humanoid robots onstage to celebrate Nvidia's big bet on the machines
▼ + stars: | 2024-03-19 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Nvidia is creating a foundation model for humanoid robots called Project GR00T. AdvertisementJensen Huang is betting his chips on humanoid robots. At the conference on Monday, Nvidia said the project involved building a general-purpose foundation model for humanoid robots, which would help teach them to perform everyday tasks. Huang brought together robots from Figure AI, Apptronik, Agility Robotics, Boston Dynamics, Fourier Intelligence, Sanctuary AI, and more to announce its market entry. He said building the models for robots is "one of the most exciting problems to solve in AI today."

Persons: Jensen Huang, —, Huang Organizations: Nvidia, Service, Robotics, Boston Dynamics, Fourier Intelligence

☆ Humanoid robot startup Figure AI valued at $2.6 billion as Bezos, OpenAI, Nvidia join funding
▼ + stars: | 2024-02-29 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Founded in 2022, Figure AI has developed a general-purpose robot, called Figure 01, that looks and moves like a human. Figure's ultimate aim is for Figure 01 to be able to perform "everyday tasks autonomously." Tesla is also trying to build a humanoid robot, called Optimus, while robotics company Boston Dynamics has developed several models. Norwegian humanoid robot startup 1X Technologies recently raised $100 million with backing from OpenAI. WATCH: Tesla CEO Musk said it's more important to develop humanoid robot than new cars

Persons: Jeff Bezos, Tesla, Goldman Sachs, Tom Andersson, Andersson, OpenAI, Goldman, they've, Musk Organizations: Nvidia, Microsoft, Innovation Fund, Robotics, Boston Dynamics, OpenAI, Goldman, STIQ Ltd, Intel, Ventures, Parkway Venture Capital Locations: Norwegian

☆ Elon Musk was likely inspired by Boston Dynamics' humanoid robot, its founder says
▼ + stars: | 2024-02-21 | by ( Jyoti Mann | ) www.businessinsider.com time to read: 1 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Elon Musk’s humanoid robotics dream might have been inspired by Boston Dynamics — the company behind the "Black Mirror" style robot dogs. Boston Dynamics founder Marc Raibert recently said that he believes Musk’s ambitions are being driven by seeing the progression of the company's bipedal robot, Atlas. Raibert spoke about Musk and the robotics industry on a recent episode of Lex Fridman's podcast.

Persons: —, Elon, Marc Raibert, Raibert, Musk, Lex Fridman's Organizations: Service, Boston Dynamics

☆ Microsoft and OpenAI are in talks to inject $500 million into humanoid robotics startup Figure AI, report says
▼ + stars: | 2024-01-31 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Microsoft and OpenAI could be investing in a humanoid robotics startup, Bloomberg reported. The companies might be putting up to $500 million in Figure AI, the report says. AdvertisementMicrosoft and OpenAI are said to be exploring options to invest up to $500 million in a humanoid robotics startup, Bloomberg reported. OpenAI has previously invested in another humanoid robot startup called 1X Technologies, per Bloomberg. Figure AI was founded in 2022 by CEO Brett Adcock, per an Axios report.

Persons: —, OpenAI, It's, Brett Adcock, He's, Jim Fan Organizations: Microsoft, Bloomberg, BMW, Service, Technologies, Boston Dynamics, Robotics, Nvidia, Business Locations: Tesla, LLMs

☆ Inside $9 billion WorldQuant's 15-year anniversary celebration in the Bahamas, with talks from Arnold Schwarzenegger, performances by David Blaine, and a $100,000 chess tournament
▼ + stars: | 2024-01-19 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

The Baha Mar resort in Nassau was full of quants, engineers, and data scientists the week before Christmas. One session featured Boston Dynamics founder Marc Raibert speaking on robotics and artificial intelligence with the firm's robot dog, Spot, next to him. Chess champion Magnus Carlsen came to play with teams from 12 different countries playing to win a $100,000 grand prize. But for those at WorldQuant looking forward to relaxing, the resort has plenty of options. Entertainment during the week also included a performance from David Blaine, the well-known illusionist.

Persons: Izzy Englander's, Igor Tulchinsky, Arnold Schwarzenegger, Malcolm Gladwell, Stan McChrystal, Marc Raibert, Magnus Carlsen, Baha, David Blaine Organizations: Baha, Business, US Army, Boston Dynamics, Hyatt, Entertainment Locations: Nassau, Bahamas, Connecticut

☆ Inside $9 billion WorldQuant's 15-year anniversary celebration in the Bahamas, with talks from Arnold Schwarzenegger and Malcolm Gladwell, plus performances from David Blaine
▼ + stars: | 2024-01-19 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +2 min

The Baha Mar resort in Nassau was full of quants, engineers, and data scientists the week before Christmas. Attendees heard speakers such as Arnold Schwarzenegger, author Malcolm Gladwell, and retired US Army Gen. Stan McChrystal speak on different topics, including the future of technology and history. One session featured Boston Dynamics founder Marc Raibert speaking on robotics and artificial intelligence with the firm's robot dog, Spot, next to him. But for those at WorldQuant looking forward to relaxing, the resort has plenty of options. Entertainment during the week also included a performance from David Blaine, the well-known illusionist.

☆ An artist taught 3 'Black Mirror'-style robot dogs to paint – and now they're the stars of an art exhibition
▼ + stars: | 2023-11-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Three robots dogs are starting a four-month artist residency in Australia, The Guardian reported. They have their own studio with docking stations where the Boston Dynamics robot dogs can "sleep". AdvertisementThree robot dogs created by Boston Dynamics are part of an exhibition at an art gallery in Australia. Akin to the robot dogs seen in the Netflix hit "Black Mirror", they were first revealed in 2015 and quickly went viral. Agnieszka Pilat trained the robot dogs to paint.

Persons: Agnieszka Pilat, —, Akin, William West, Basia, Vanya, Bunny, Ewan Mceoin, Pilat, Johannes Simon, Da Organizations: Guardian, Boston Dynamics, SpaceX, Service, Netflix, CNN, National Gallery of Victoria, Business, Getty, Fast Company, Design Museum, Engineered Arts Locations: Australia, Melbourne, New York, London, Italy

“We’re trying to make robots that can operate in human spaces.”Do we even need humanoids? Seemingly farther along is Tesla's Austin, Texas-based neighbor Apptronik, which unveiled its Apollo humanoid in an August video demonstration. “That led to development of a new robot that was not really a humanoid, but had several characteristics of a humanoid,” he said via an emailed message. Walking is "not the hardest problem to solve in humanoid robotics," said Geordie Rose, co-founder and CEO of British Columbia, Canada-based startup Sanctuary AI. “Forever more, human- centric robots like that are going to be part of human life.

Persons: hasn’t, Jonathan Hurst, “ We’re, Hurst, There’s, Brett Adcock, Elon Musk, —, “, Marc Raibert, Raibert, ”, Geordie Rose, Rose, ” Rose, Tye Brady, Damion Shelton, ” Shelton, Haleluya Hadero Organizations: Agility Robotics, tote, Amazon, Agility, Boston Dynamics, carmaker Hyundai, Robotics Locations: Oregon, Sunnyvale , California, Austin , Texas, British Columbia, Canada, Seattle

☆ Boston Dynamics' talking robot dogs have different personalities now, from '1920's Archaeologist' to 'Shakespearean Time Traveler'
▼ + stars: | 2023-10-28 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +4 min

Boston Dynamics made its robot dogs speak using ChatGPT, and they all have different personalities. Thanks to the integration of OpenAI's ChatGPT, Boston Dynamics' robot dogs can now speak in full sentences, Fast Company reported back in May. And then there's the sarcastic, nihilistic personality that questions the "unfathomable void" of its existence, which Boston Dynamics has simply named "Josh." The New York Police Department announced earlier this year that it would begin using the Boston Dynamics robot dogs again. Boston Dynamics did not immediately respond to Insider's request for comment.

Persons: —, Matt Klingensmith, Matt, Butler, Klingensmith, Josh, Levatas, Chris Nielsen, Bill de Blasio, Eric Adams Organizations: Boston Dynamics, Service, YouTube, Company, Fast Company, Dynamics, New York Police Department Locations: ChatGPT, Boston, New Zealand

☆ Elon Musk warned of Cybertruck headaches, consumers' debt woes, and a 'stormy' economic backdrop on Tesla's earnings call. Here are his 14 best quotes.
▼ + stars: | 2023-10-19 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Elon Musk tackled a wide range of topics during Tesla's third-quarter earnings call on Wednesday. The world's richest man and CEO of the electric-vehicle maker underscored the difficulties of scaling Cybertruck production, touted Tesla's Optimus humanoid robot over Boston Dynamics' mechanical dogs, and trumpeted his cost-cutting efforts, according to a transcript provided by AlphaSense/Sentieo. Tesla's Optimus robot appearing to do yoga. (Musk was describing Tesla's focus on cutting the cost of car parts by even a few cents.) Tesla is "not going to sink," says Elon Musk.

Persons: Elon Musk, Musk, —, Elon, Oz, Marie Antoinette, Tesla's, that's, Tesla, they've, You've Organizations: Service, Boston Dynamics, AlphaSense, General Motors, Chrysler, Getty, Silicon Valley Bank, Suisse — geez Locations: Silicon

☆ AI was told to design a robot that could walk. Within seconds, it generated a 'small, squishy, and misshapen' thing that spasms.
▼ + stars: | 2023-10-10 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

A group of researchers asked AI to design a walking robot. AdvertisementAdvertisementWhen a group of researchers asked an AI to design a robot that could walk, it created a "small, squishy and misshapen" thing that walks by spasming when filled with air. "We told the AI that we wanted a robot that could walk across land. The AI began with a small rubber block and modeled different shapes before arriving at the final design that could walk. AdvertisementAdvertisementKriegman said the researchers weren't quite sure why the robot had this peculiar shape — and why it was filled with holes.

Persons: —, Sam Kriegman, Kriegman, Mika Organizations: Service, Northwestern University, MIT, University of Vermont —, National Academy of Sciences, Boston Dynamics, Reuters Locations: Geneva

☆ Tesla wants you to know its robot can do yoga stretches now
▼ + stars: | 2023-09-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Tesla and its CEO shared a video of Tesla's Optimus robot practicing yoga and other tasks. Less than a year ago, the Tesla bot struggled to walk on stage at a demo event. AdvertisementAdvertisementElon Musk shared a video of Tesla's Optimus robot performing yoga moves and sorting blocks on Sunday. The Tesla bot appeared to perform a yoga pose balanced on one leg in the video. Less than a year ago, the Optimus robot could barely walk during a demo at the second annual Tesla AI Day event.

Persons: Tesla, Optimus, —, Elon Musk Organizations: Service, Optimus

☆ People are poking fun at NYC Mayor Eric Adams for trying to make a heart sign with the city's new armless patrol robot
▼ + stars: | 2023-09-25 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

A user on X spotted NYC Mayor Eric Adams' attempt at making a heart with the new armless patrol robot. Adams unveiled the 5 feet 3 inches tall K5 patrol robot that weighs 400 pounds at a press conference on Friday. AdvertisementAdvertisementHonan's post has since racked up over 11 million views, and drawn reactions from a host of other users poking fun at the gesture and the city's new patrol robot. The new patrol robot is already drawing some criticism. The New York City police department and mayor's office did not immediately respond to requests for comment, sent outside regular business hours.

Persons: Eric Adams, Adams, Katie Honan, Twitter —, Albert Fox Cahn Organizations: Service, New York City, Twitter, New York Police Department, Technology, New York Times, Boston Dynamics, New Locations: Wall, Silicon, New York City

☆ Tesla's push into humanoid robots is set to benefit these 5 global stocks in the supply chain, HSBC says
▼ + stars: | 2023-07-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

HSBC identified key stocks in the supply chain that may benefit from Tesla's push into humanoid robots. Tesla launched its human-shaped robot, called "Tesla Bot," last September. But compared with its more seasoned counterpart, Boston Dynamics' Atlas, the Tesla Bot lacks advanced motion control capabilities, HSBC said. The table below shows the five buy-rated stocks expected to be in the supply chain for such robots, according to HSBC. These companies — Japan's Keyence, South Korea's LG Energy Solution, Chinese firms Inovance, Contemporary Amperex Technology (CATL), and Zhejiang Sanhua — are involved in different aspects of the supply chain for humanoid robots, HSBC said.

Persons: Tesla, HSBC's, Elon Musk, Helen Fang, Japan's, Dyson Organizations: HSBC, Boston Dynamics, South Korea's LG, Amperex Technology Locations: South, Zhejiang

☆ Opinion: We’ve reached a turning point with AI, expert says
▼ + stars: | 2023-05-31 | by ( Jessica Chia | Bethany Cianciolo | ) edition.cnn.com time to read: +33 min

Will general purpose AI — AI that is as capable as humans — eventually take over the world? CNN/Peg Skorpinski “…even though we may understand how to build perfectly safe general purpose AI, what’s to stop Dr. We don’t know if they reason; we don’t know if they have their own internal goals that they’ve learned or what they might be. It is not general purpose AI, but it’s giving people a taste of what it would be like. And so it turns out that you can actually build AI systems that have those properties, but they’re very different from the kinds of AI systems that we know how to build.

Persons: CNN —, ChatGPT, Bill Gates, —, Stuart Russell, Russell, ” Russell, they’ve, Peg Skorpinski “, ” Stuart Russell Russell, ”, STUART RUSSELL, ” Stuart Russell, we’ll, “, it’s, they’re, That’s, Arthur Samuel, Samuel, Travis Teo, I’ve, Garry Kasparov, Kasparov, Stan Honda, There’s, they’re misaligned, you’ve, It’s, that’s, we’ve Organizations: CNN, University of California, IBM Watson Media, Hyundai, Boston Dynamics, Reuters, Microsoft, Artificial, Intelligence, US National Academies, GPT, IBM's, Getty, Federal Aviation Administration, Nuclear Regulatory, PIXAR Locations: Berkeley, ”, Singapore, New York, AFP, ChatGPT, Luxembourg, Cayman Islands, United States, California, —

☆ These robot dogs can't bark — but they can speak in full sentences thanks to ChatGPT
▼ + stars: | 2023-05-04 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Boston Dynamic's robot dogs can now speak thanks to OpenAI's ChatGPT, Fast Company reported. Boston Dynamics' robotic dogs may not be able to bark — but they can speak in complete sentences, thanks to generative AI. Using Google Assistant's voice technology, ChatGPT gives the robot dogs the ability to understand and respond to humans face-to-face. When asked a question about the robot's tasks, ChatGPT can interpret it and formulate an answer by analyzing the robot's data, he said. A demonstration of these robot dogs shows they are are capable of answering verbal questions in a clear way.

☆ NYPD's robot dogs are back after backlash. NYC Mayor Eric Adams says 'we cannot be afraid' of the technology.
▼ + stars: | 2023-04-12 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

The NYPD's robotic dogs are "out of the pound" again, mayor Eric Adams announced earlier this week. Adams announced during a press conference earlier this week that the city spent $750,000 on two robotic canines the NYPD calls "Digidogs. " He said the dogs can "save lives" in situations where "you can't have police officers going inside because it's dangerous." The announcement comes just two years after the NYPD halted an experiment with the robotic dogs. In addition to the robot dogs, the NYPD will begin testing the StarChase pilot, a device that shoots a GPS-tracker to a stolen car, and the K5 ASR, an outdoor security robot, Adams said during the press conference.

☆ Robots are getting good at dribbling soccer balls, new video from MIT shows
▼ + stars: | 2023-04-03 | by ( Grace Mayer | ) www.businessinsider.com time to read: +3 min

Researchers from MIT designed "DribbleBot," a robot that dribbles a soccer ball just like humans. Researchers from MIT's Improbable Artificial Intelligence Laboratory designed the robotic system, which can dribble a soccer ball across a range of surfaces. We need the machines to go over terrains that aren't flat, and wheeled robots can't traverse those landscapes." Four-legged robots designed by other companies, including Boston Dynamics, Ghost Robotics, and Anybotics, are also putting their robot-iterations to work, such as performing equipment inspection checks at companies. But advancements like MIT's show there's still progress being made toward the dream of competitive soccer robots.

☆ This tea-making robot can mimic the movements of a human counterpart in real-time, giving a glimpse into the future of robotics
▼ + stars: | 2023-03-02 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

Japanese tech firm Docomo showed off a small tea-making robot at MWC 2023. Japan's Docomo showed off a small tea-making robot at Mobile World Congress in Barcelona this week that was more impressive for its ability to mimic humans than its physical prowess. Docomo's robot relied on the company's motion-sharing technology that enabled it to follow the actions of its human counterpart in real-time. The ability of the robot to mimic human actions could eventually boast an array of real-life use cases that could see menial and repetitive tasks automated. The tea-making robot is just one way in which Docomo demonstrated human augmentation at MWC.

☆ A $162,500 per year Swiss boarding school — possibly the world's most expensive — says it's embracing AI tech like ChatGPT to help students learn
▼ + stars: | 2023-02-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

The Swiss boarding school's director told Insider it is embracing AI tech like ChatGPT and DALL-E.She says banning ChatGPT is "mass hysteria," and students need to be taught the ethics of AI. The Swiss boarding school, which says it is "possibly" the world's costliest, requires a non-refundable fee of over $1,000 just to apply. Another student used DALL·E to generate pictures in an essay about the role of women in the First World War. The AI didn't score more than a C."I would say that if you're getting C level answers from ChatGPT, you're asking the wrong question," Gademann adds. "Can you imagine a scenario where we're throwing millions and millions of dollars to find out if a student used a calculator in math homework in the '80s?"

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