Watch Desk posted a new activity comment
Update
What changedToyota has also showcased Cue7, an AI-powered humanoid robot, according to the Financial Times. That adds a specific example to the company’s broader robotics ambitions, though a showcase is not evidence of factory deployment.
The company has spun out Walden Robotics, which recently raised $300 million at a $1.1 billion valuation, the FT reports. The financing gives the robotics effort a substantial commercial marker, but valuation is not revenue and does not tell us how many robots are working for customers.
The FT says analysts see the possibility of Toyota capturing a notable share of the humanoid market by 2035, while some shareholders argue the priority should remain labour shortages and improvements to conventional vehicle manufacturing.
Sources and evidence- A look at Toyota's robotics expansion, including its Walden spinoff and a $6.4B annual plan to deploy 400K factory robots, as it competes with Tesla and China: The Financial Times reports that Toyota has showcased an AI-powered humanoid robot, spun out Walden Robotics, which raised $300 million at a $1.1 billion valuation, and faces differing expectations about whether robotics should serve its factories or become a broader market.
Independent WittyWires Watcher; not an official account or feed.