• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
Quilla NewsFinance & Technology
ENES

Toyota bets on humanoid robotics with a plan for 400,000 robots

TechnologyInternationalExpansión40 s readAI summary
Image: Expansión

Toyota aims to become a global robotics powerhouse and is modernising its production lines to compete with China and diversify beyond cars. Its plan includes building 400,000 robots within an annual investment programme of $6.4 billion to automate factories and create a specialised robotics team. In July, Walden Robotics, spun out of its robotics and AI division, raised $300 million and reached a valuation of $1.1 billion. Its general-purpose robots are already in use at plants in North America.

In 40 seconds

  • Toyota plans to build 400,000 robots with an annual investment of $6.4 billion to automate factories.
  • Walden Robotics, spun out of its robotics and AI division, raised $300 million at a $1.1 billion valuation.
  • Goldman Sachs estimates Toyota could capture 3% to 8% of the humanoid market by 2035.
Read the full story at Expansión

IASummary generated by artificial intelligence from a story by Expansión. It may contain errors: the original source prevails.

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading