CNBC

Amazon's switch to robots over human warehouse employees will save it up to $4 billion a year, Morgan Stanley says

Amazon's robotics ambitions can lead to multibillion-dollar cost cuts for the company, according to Morgan Stanley. Amazon plans to replace 600,000 jobs with robots in the coming years and, ultimately ...

Inside the multi-trillion-dollar race to build the robots of our future

The future of robotics is splitting into two ambitious, multi-trillion-dollar battlegrounds: automating the “zero labour home ...
Futurism

Russia’s First Humanoid Robot Just Failed So Spectacularly During It’s Debut That We’re Suspicious the Entire Thing Was an Elaborate Joke

Russia unveiled a humanoid robot, dubbed AIdol, during a flashy showcase in Moscow — only for it to fall on its face, both figuratively and literally. Footage of the event, which went viral this week, ...
CNBC

Chinese robots are on a roll. Morgan Stanley shares its favorite plays

China is not only installing more robots, but building more of them. That thesis is driving Morgan Stanley's view that China will keep growing as a global robotics leader, giving two Chinese companies ...
Los Angeles Times

At a Silicon Valley summit, robots fold laundry—and investors open their wallets

This is read by an automated voice. Please report any issues or inconsistencies here. Roughly 2,000 investors, entrepreneurs and others attended a Mountain View summit that showcased robots that ...