Automation

Experts have been debating the artificial intelligence-driven impact on employment with contradicting views. While market veteran like Jim Cramer thinks that “AI is still not trusted,” others see trouble brewing in the labor market due to the automation of several human-led jobs. What...

Sen. Bernie Sanders (I-VT) is advocating for a 32-hour workweek, citing the potential for advancements in artificial intelligence and automation to provide workers with more personal time. What Happened: Sanders, in a recent appearance on the Joe Rogan Experience podcast, outlined his vision for a...

Amazon (NASDAQ:AMZN) has revealed a revolutionary robot, Vulcan, which boasts a sense of touch, enabling it to manage approximately 75% of items in Amazon’s warehouses. What Happened: As per Amazon’s announcement on Wednesday, Vulcan is set to be introduced at the company...

Amazon.com Inc. (NASDAQ:AMZN) could potentially save over $10 billion annually by 2030 through its new robotics technology, according to an analyst. What Happened: According to Morgan Stanley analyst, Brian Nowak, Amazon’s new robotics technology could lead to significant cost savings. The...

Serve Robotics Inc. raised $86 million in December 2024, bringing its total funding for the year to $167 million. Autonomous delivery service provider Serve Robotics Inc. (NASDAQ:SERV) shares are trading higher in premarket on Monday after the company announced that it raised $86 million in...

On Sept. 5, Benzinga’s AutoRevolution: The Future of Mobility and EVs, sponsored by Dragonfly, will bring together top industry voices for an essential discussion on the transformation underway in the automotive world. This event will explore the most pressing sector topics and feature...

President Joe Biden issued a new executive order on artificial intelligence on Monday, making it the first of a kind to require new safety assessments, equity and civil rights guidance, and research on AI’s impact on the labor market. The order is divided into eight sections, which include...

Automation challenges have risen for the cannabis industry, compelling operators to seek innovative solutions for improved efficiency and revenue. In an exclusive interview with Benzinga, Green Vault Systems' (GVS) VP and co-founder   Arnar Olgeirsson and Lise Bernard,...

Cathie Wood-led Ark Investment Management bought over 3.4 million shares of software company UiPath Inc (NYSE: PATH) valued at over $47 million based on Wednesday’s closing price. The share purchases were done through five of the company’s exchange-traded funds including the flagship...

Tesla Inc (NASDAQ: TSLA) bull Cathie Wood’s Ark Investment Management on Monday raised its exposure in the New York-based software automation company UiPath Inc (NYSE: PATH). The popular investment firm scooped up 867,331 shares, estimated to be worth $19.7 million based on the latest closing...

Berkshire Grey Inc (NASDAQ: BGRY) launched its AI-powered Robotic Shuttle Put Wall (RSPW) solution for eCommerce order fulfillment. The RSPW is an automated put wall that increases capacity and throughput with robotic automation. The solution enables retailers to increase capacity...

Alongside persistent challenges like labor shortages, high fuel costs and surging insurance premiums, the transportation industry is undergoing a fundamental transformation in how information is collected, analyzed and used.  In order to compete in today's increasingly competitive marketplace,...

As the world of business continues to change, pressures from investors continue to influence industry trends. As a result of increased fees and lower margins, improving operational efficiencies becomes even more necessary. Does this have anything to do with hedge fund management and automation?...

Fast-growing warehouse robotics firm Geek+ is adding another weapon to its portfolio of automation solutions designed to improve warehouse efficiencies, lower costs and increase throughput speed. The Smart Mixed Case palletizing solution, co-developed with warehouse management tools provider WSR...

Due to strong consumer spending, the growth of e-commerce, and other factors, transportation companies are incorporating more automation and tech into their operations to streamline administrative tasks and give more visibility to customers. The industry's digital transformation is well underway....