Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor.
Category: Robots and Robotics
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Rodney Brooks, the Godfather of Modern Robotics, Says the Field Has Lost Its Way
Rodney Brooks, famous for the Roomba, argues the humanoid robot craze in Silicon Valley is doomed to fail.
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Russian Humanoid Robot Falls on Its Face in Hyped Debut
The robot, known as AIDOL, staggered onstage during a technology showcase in Moscow. Organizers blamed the mishap on calibration and lighting issues.
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Tesla Investors Back Musk’s Trillion Dollar Payday
Shareholders approved a plan to grant Mr. Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.
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Would Elon Musk Work Harder for $1 Trillion Than $1 Billion?
Economists and psychologists say that compensation may not provide as powerful an incentive as is often assumed.
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Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan
Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.
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U.S. Manufacturing’s Mixed Picture in 4 Charts
President Trump vowed to bring factories back. Is he succeeding?
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Musk’s Trillion-Dollar Pitch
Despite a drop in Tesla profit, the billionaire exhorted investors to back his proposed compensation package, or face consequences.
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There Are More Robots Working in China Than the Rest of the World Combined
China has embarked on a campaign to use more robots in its factories, transforming its manufacturing industries and becoming the dominant maker.
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‘Peak SF’ on a Friday Night Is a Robot Fight
The artificial intelligence boom, which has brought techies flocking back to the city, has fueled a resurgence of live — and sometimes futuristic — events.