Oxford’s Tech Corridor Gets Major Transport Boost with £120M Rail Revival
Historic Rail Line Revival to Fuel Oxford’s Innovation Ecosystem The Cowley Branch Line, dormant for six decades, is set for…
Tag: Robotics
Tesla Q3 Profits Decline Over 25% Amid Strategic Shift to AI and Robotics
Tesla reported a significant 29% decline in adjusted net income despite achieving record vehicle deliveries. The electric vehicle maker’s strategic pivot toward artificial intelligence and robotics contributed to rising operational expenses while regulatory credit revenue plummeted.
Financial Performance Overview
Tesla’s third-quarter financial results revealed a notable divergence between revenue growth and profitability, according to company filings released Wednesday. The electric vehicle manufacturer reportedly saw adjusted net income decline 29% to $1.8 billion, falling short of analyst expectations of $1.9 billion. Meanwhile, revenue increased 12% to $28.1 billion, exceeding the $26.6 billion consensus estimate from Visible Alpha analysts.
Humanoid Robotics Set to Transform Industrial and Service Sectors with Projected $76.96 Billion Market by 2032
Market Expansion Driven by AI and Cross-Industry Adoption The global humanoid robot market is positioned for unprecedented growth, with projections…
Amazon’s Robotics Revolution: Inside the Plan to Automate 600,000 Warehouse Positions
The Automation Blueprint Internal documents obtained by The New York Times reveal Amazon’s ambitious strategy to replace approximately 600,000 human…
Romanian AI Pioneer .lumen Secures €11M EU Grant to Deploy Humanoid and Quadruped Robots for Urban Delivery Networks
From Visual Assistance to Urban Logistics: .lumen’s Strategic Pivot Cluj-Napoca-based DeepTech innovator .lumen, previously recognized for its groundbreaking AI-powered glasses…
Beyond Walking: How Caltech’s M4 Robot Redefines Multimodal Mobility for Industrial Applications
The Rise of Transformative Robotics In a groundbreaking demonstration that pushes the boundaries of autonomous systems, Caltech’s Center for Autonomous…
Honor’s Robotic Prototype Signals New Era in AI-Integrated Mobile Computing
In a bold move that redefines mobile computing boundaries, Honor has unveiled a groundbreaking robotic phone prototype that merges artificial…