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Damion Shelton - 1 Aindrea Campbell - 1 Campbell - 1 that's - 1 Optimus - 1 Shelton - 1 crouch - 1 Agility's - 1
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Playground Global - 2 Agility Robotics - 1 Ford - 1 CNBC - 1 Robotics - 1 DCVC - 1 REUTERS - 1 Microsoft Corp - 1

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☆ Agility Robotics is opening a humanoid robot factory, beating Tesla to the punch
  + stars: | 2023-09-18 | by ( Lora Kolodny | ) www.cnbc.com   time to read: +3 min
Agility Robotics is wrapping up construction of a factory in Salem, Oregon, where it plans to mass-produce its first line of humanoid robots, called Digit. The 70,000 square-foot facility, which the company is calling the "RoboFab," is the first of its kind, according to Damion Shelton, CEO and co-founder of Agility Robotics. For now, though, Agility Robotics is focused on the installation and testing of its first production lines. Matt Ocko, managing partner at DCVC and an investor in Agility, told CNBC that Digit should "fill millions of unmet roles that human beings don't want." At the same time, he emphasized, Agility Robotics has designed its humanoid robots to work safely and autonomously as a "robotic co-worker."
Persons: Damion Shelton, Aindrea Campbell, Campbell, that's, Optimus, Shelton, crouch, Agility's, Matt Ocko Organizations: Agility Robotics, Ford, CNBC, Robotics, DCVC, Playground Global Locations: Salem , Oregon
☆ Exclusive: AI chip startup d-Matrix raises $110 mln with backing from Microsoft
  + stars: | 2023-09-06 | by ( Max A. Cherney | ) www.reuters.com   time to read: +2 min
Nvidia's (NVDA.O) dominant position in the AI chip market due to a powerful combination of hardware and software has scared off potential investors in some startups, according to sources Reuters interviewed. "This is capital that understands what it takes to build a semiconductor business," CEO Sid Sheth told Reuters. The company designs the chips with digital "in-memory compute" that enables AI computer code to run more efficiently. The company's chip technology uses less energy to crunch data required to spit out generative AI responses, and is optimized for such tasks. Microsoft has committed to evaluating the chip for its own use when it launches next year, Sheth told Reuters.
Persons: Dado Ruvic, Sid Sheth, Santa Clara, Sheth, Sasha Ostojic, Max A, Stephen Coates Organizations: REUTERS, Microsoft Corp, Reuters, Nvidia, Temasek, Palo, Playground Global, Microsoft, Thomson Locations: Singapore, Palo Alto , California, Santa, San Francisco
☆ The $360 billion electric car battery market will determine the fate of electric vehicles
  + stars: | 2023-01-03 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +14 min
There's also money to be made: The EV battery market could hit $360 billion by 2030, according to McKinsey. At Insider, we've looked at white-hot EV battery technologies that give automakers the EV performance they need at the price their customers want. We've investigated how automakers are securing enough battery supply, especially amid the call for domestic sourcing brought on by requirements in President Joe Biden's climate bill. It just led a $400 million investment into the little-known EV battery startup that could make it work. The soon-to-be $339 billion battery industry is on a hiring tear to power the shift to electric cars.
☆ Here's how the $360 billion electric car battery market will impact the future of EVs — and how affordable they are for car-buyers.
  + stars: | 2022-10-11 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +14 min
There's also money to be made: The EV battery market could hit $360 billion by 2030, according to McKinsey. At Insider, we've looked at white-hot EV battery technologies that give automakers the EV performance they need at the price their customers want. It just led a $400 million investment into the little-known EV battery startup that could make it work. Giants like Tesla, GM, and Ford are going to be desperate for EV materials in the next decade. The soon-to-be $339 billion battery industry is on a hiring tear to power the shift to electric cars.
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