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Search resuls for: "Cognex Corp"


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A software and robotics machine called mGripAI from Massachusetts-based Soft Robotics sorts artifical pieces of chicken into trays for packaging at an automation conference held by the Association for Advancing Automation in Detroit. But other industries where robotics haven't yet taken hold may be potential investment opportunities and expansion areas for automation companies in the coming years. Those emerging areas intrigue Jeff Burnstein, an automation-industry guru and president of the Association for Advancing Automation. His trade group represents more than 1,000 global companies involved in robotics, machine vision, motion control, and motors and related technologies. Jeff Burnstein (right center), president of the Association for Advancing Automation, after receiving a Joseph F. Engelberger Robotics Award for his more than 40-year career in the industry.
Persons: Michael Wayland, Jeff Burnstein, Joseph, Burnstein, Anthony Romeo, Tyson Foods Greg Smith, Corbis SABA, Tyson Foods, Tyson, Donnie King Organizations: Robotics, Association for, Automation, CNBC DETROIT, Association for Advancing, Engelberger, Labor, Deere, Co, Cognex Corp, Tyson Foods Locations: Massachusetts, Detroit, U.S
There are mature, large-cap companies that investors could stick to for exposure to the sector. A sudden interest in artificial intelligence has brought the more than decade-old technology to the forefront of investors' minds. It has additional ETFs focused on sectors that will be heavily impacted by AI including the Cloud Computing ETF (CLOU) and Cybersecurity ETF (BUG). They are broken down into innovators, early adopters, early majority, late majority, and finally, the laggards. Mature companies like Microsoft that are developing AI use cases could move AI into a mature stage rapidly.
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