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Accenture Invests in Sanctuary AI to Bring AI-Powered, Humanoid Robotics to Work Alongside Humans

📅 Date:

🔖 Topics: Funding Event, Humanoid

🏢 Organizations: Accenture, Sanctuary AI

Accenture has made a strategic investment, through Accenture Ventures, in Sanctuary AI, a developer of humanoid general-purpose robots that are powered by AI and can perform a wide variety of work tasks quickly, safely and effectively.

Sanctuary AI’s general-purpose robot PhoenixTM, recently recognized as one of TIME magazine’s “Best Inventions of 2023,” can perform a multitude of work tasks. For instance, at a Mark’s retail store in Langley, BC, Canada, Phoenix has performed more than 100 tasks, including choosing and packing merchandise, and correctly cleaning, tagging, labeling and folding items, with robotic hands that rival human hand dexterity and fine manipulation. Phoenix is powered by the company’s AI control system, CarbonTM, which mimics subsystems found in the human brain, such as memory, sight, sound and touch, and translates natural language into action in the real world.

Read more at Accenture Newsroom

NVIDIA Announces Project GR00T Foundation Model for Humanoid Robots and Major Isaac Robotics Platform Update

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🔖 Topics: Foundation Model, Humanoid

🏢 Organizations: NVIDIA

NVIDIA announced Project GR00T, a general-purpose foundation model for humanoid robots, designed to further its work driving breakthroughs in robotics and embodied AI.

As part of the initiative, the company also unveiled a new computer, Jetson Thor, for humanoid robots based on the NVIDIA Thor system-on-a-chip (SoC), as well as significant upgrades to the NVIDIA Isaac™ robotics platform, including generative AI foundation models and tools for simulation and AI workflow infrastructure.

The SoC includes a next-generation GPU based on the NVIDIA Blackwell architecture with a transformer engine delivering 800 teraflops of 8-bit floating point AI performance to run multimodal generative AI models like GR00T. With an integrated functional safety processor, a high-performance CPU cluster and 100GB of ethernet bandwidth, it significantly simplifies design and integration efforts.

Robots powered by GR00T, which stands for Generalist Robot 00 Technology, will be designed to understand natural language and emulate movements by observing human actions — quickly learning coordination, dexterity and other skills in order to navigate, adapt and interact with the real world. In his GTC keynote, Huang demonstrated several such robots completing a variety of tasks.

Read more at NVIDIA News

Agility Robotics Brings Operational Visibility to Deployment of Digit Fleets with the Launch of Agility Arc™

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🔖 Topics: Humanoid, Warehouse Automation, Workcell

🏢 Organizations: Agility Robotics

In its first iteration, Agility Arc will provide customers with operational visibility into critical KPIs like uptime, throughput, Mean Time Between Incidents (MTBI), and robot status, allowing customers to understand what’s happening in the workcell and how Digit is performing. Additionally, Agility Arc will provide industry standard APIs to simplify integration with existing Warehouse Management Systems (WMS), Warehouse Execution Systems (WES), and Manufacturing Execution Systems (MES) among others.

Read more at Agility Robotics News

The global market for humanoid robots could reach $38 billion by 2035

📅 Date:

🔖 Topics: Humanoid

🏢 Organizations: Goldman Sachs

The total addressable market for humanoid robots is projected to reach $38 billion by 2035, up more than sixfold from a previous projection of $6 billion, Goldman Sachs Research analyst Jacqueline Du, head of China Industrial Technology research, writes in the report. Their estimate for robot shipments increased fourfold, to 1.4 million units, over the same time frame, with a much faster path to profitability on a 40% reduction in the cost of materials.

There are signs that robot components, from high-precision gears to actuators, could also cost less than previously expected, leading to faster commercialization. The manufacturing cost of humanoid robots has dropped — from a range that ran between an estimated $50,000 (for lower-end models) and $250,000 (for state-of-the art versions) per unit last year, to a range of between $30,000 and $150,000 now. Where our analysts had expected a decline of 15-20% per annum, the cost declined 40%.

Read more at Goldman Sachs Intelligence

Meet Punyo, TRI’s Soft Robot for Whole-Body Manipulation Research

Announcing RoboFab, World's First Factory for Humanoid Robots