robots

Analysts at Canaccord Genuity turned incrementally bearish on iRobot Corporation (NASDAQ: IRBT) after the company reported its third-quarter results. The firm's Bobby Burleson maintains a Hold rating on iRobot's stock with a price target slashed from $95 to $65, which implies zero upside potential...

Wall Street analyst turned venture capitalist Gene Munster is closely following iRobot Corporation (NASDAQ: IRBT) which marks a notable shift away from the two mega-cap giants he follows, Apple Inc. (NASDAQ: AAPL) and Tesla Inc (NASDAQ: TSLA). Despite a comparatively small $2 billion market cap,...

Elon Musk isn't going to happy with Amazon.com, Inc. (NASDAQ: AMZN) and Microsoft Corporation (NASDAQ: MSFT)'s joint announcement. Musk, the CEO of Tesla Inc (NASDAQ: TSLA), has been very vocal about his opposition to artificial intelligence and robotics that could lead to the end of...

The Rust Belt is rapidly becoming the domain of industrial robots, with Michigan being home to a staggering 12 percent of the nation’s automated workforce. In terms of pure density, Detroit and another Michigan city, Grand Rapids, trail only Toledo just over the Ohio border as the Big Three...

Over the weekend, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk co-signed a letter with industry experts calling for regulation of artificial intelligence development and warning of its existential threat. “However, Musk and the other AI debaters underestimate the...

Robots were responsible for killing billions of people and enslaving the surviving human race in the "Terminator" franchise. In 2017, the threat of this happening is more real than what many had jokingly brushed off as science fiction.  Tesla Inc (NASDAQ: TSLA) CEO Elon Musk...

For those wondering, the robotics and artificial intelligence investment themes are gaining momentum. Fortunately, those themes are accessible via exchange-traded funds, including the Global X Robotics & Artificial Intelligence ETF (NASDAQ: BOTZ). Introducing BOTZ BOTZ is up nearly 26 percent...

Billionaire entrepreneur and Alibaba Group Holding Ltd (NYSE: BABA) chairman Jack Ma famously cautioned earlier this year that automation will result in "much more pain than happiness" over the next three decades. The Future Of Robotics Doesn't Spell Disaster For Humanity But not all...

How many jobs will machines, automation and artificial intelligence-related technologies kill in the future? 5 percent? 10 percent? Try 50 percent. According to Chinese venture capitalist and notable technologist Kai-Fu Lee, artificial intelligence will prove to be "the decision engine that will...

Soft silicone skin with sensors that respond to the human touch. A perfect body with industrial-grade musculature that can run nimbly over rugged terrain, hurl a cinder block halfway across a basketball court or pick the right wine glass off the top shelf. Add an artificial brain that can beat the...

Technological advancement has made Man a near-omnipotent being capable of achieving anything he sets his mind to. To make life easier, Man has designed machines and more notably even a clone (not in the strictest sense) of his kind — the robot. How comfortable men are with robots and to...

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s Google unit wanted to begin selling robotic arms it created to manufacturers, warehouse operators and other clients, but the technology failed CEO Larry Page's test. According to a Bloomberg report, Google's robotics unit had a prototype robotic arm...

Uber's long-term business model is quite simple: Replace human drivers with a fleet of autonomous cars. Many have speculated this would be done, so Uber doesn't have to participate in any revenue-sharing agreement with its contracted drivers. The concept may seem far-fetched or too futuristic for...

Deutsche Bank said Teradyne, Inc. (NYSE: TER) "appears very confident" cobot revenues can increase more than 50 percent for many years amid the rapidly expanding market. Cobots are robots that work alongside humans, and Teradyne estimates the total available market to grow from about $100 million...

It's only fair that robots used by companies to improve productivity pay their fair share of taxes, right? This might seem ridiculous, but the European Union is looking to create a set of new laws concerning the rise of robots. According to Forbes, one of the new laws would require robots to pay...