Robohub Digest 05/2016: Prepping for AI, automating trucks, and summer robotic competitions

Robohub Digest 05/2016: Prepping for AI, automating trucks, and summer robotic competitions A quick, hassle-free way to stay on top of robotics news, our robotics digest is released on the first Monday of every month. Sign up to get it in your inbox. Robotics funding going strong May proved to be another strong month for robotics funding. According to The Robot Report, “13 companies were funded to the tune of $111 million.  Four companies were acquired with two of the four reporting selling prices totaling $422 million.” Chinese company Midea offered a $5.2 billion bid for Kuka, to grow their robotics industry. For Kuka, stronger ties to Midea could help lift its revenues in China, one of the cornerstones of the company’s growth strategy. Kuka overall aims to roughly double…


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