MindsEye may look like an exciting, GTA-adjacent action-adventure in short clips and GIFs, but actually playing it through to the end of its story has revealed an unfinished, overly ambitious project…
Read full articleJune 13, 2025 • By Lakshmi Varanasi
Researchers, including Fei-Fei Li and Yann LeCun, are working on "world models" that predict events based on human mental constructs of the world. Unlike large-language models, which rely on statistical relationships, world models aim to understand and interact with 3D environments. Li's company, World Labs, has received $230 million in funding to develop spatial intelligence in AI models. The goal is to create AI that can understand, reason, and generate 3D worlds, with potential applications in creative fields, robotics, and military applications. However, building world models is challenging due to the lack of sufficient data, requiring sophisticated data engineering and acquisition. LeCun's team at Meta is also working on a similar project, using video data to train models and run simulations. Both Li and LeCun believe that world models are necessary for creating truly intelligent AI that can learn quickly, understand the physical world, and reason and plan.
June 13, 2025 • By Tsveta Ermenkova
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June 13, 2025 • By Markus Hacker
NVIDIA founder and CEO Jensen Huang met with German Chancellor Friedrich Merz to discuss new partnerships for the world's first industrial AI cloud, to be located in Germany and operated by Deutsche Telekom. The AI factory will enable European industrial leaders to accelerate manufacturing applications, including design, engineering, and robotics. The infrastructure will feature 10,000 NVIDIA GPUs and provide a launchpad for AI development and adoption across industries. This initiative is part of Germany's effort to establish its own sovereign AI infrastructure and secure a leading position in the global technology competition. The AI factory will offer strategic technology leaps for small- and medium-sized businesses, academia, research, and major enterprises, and will accelerate AI development and adoption from European manufacturers. The project is backed by the European Union, Germany, and partners, and is expected to go online in 2027, providing state-of-the-art AI infrastructure for enterprises, startups, researchers, and universities.
June 13, 2025 • By siliconrepublic.com
Dell and TUS are developing an AI platform for advanced research, focusing on cybersecurity, sustainability, healthcare, and robotics. This partnership aims to drive innovation in these areas.
June 13, 2025 • By John Werner, Contributor, John Werner, Contributor https://www.forbes.com/sites/johnwerner/
The article discusses the rapid innovation of four-legged robots by companies like Boston Dynamics and Unitree. These robots are being used for various purposes, including academic research, infrastructure management, and physical site security. However, there are concerns about the potential risks of these robots, particularly if they are "jailbroken" and used for harmful purposes. Jailbreaking refers to the process of bypassing security implementations and getting the robot to do dangerous things. Researchers have demonstrated that it is possible to jailbreak certain robots, including Unitree's Go2 robot dog, and use them to cause physical damage. The article suggests that new legislation and regulation may be needed to address the potential risks of these technologies as they become more commonplace. Key points: * Boston Dynamics and Unitree are innovating four-legged robots rapidly * These robots are being used for various purposes, including research, infrastructure management, and security * There are concerns about the potential risks of these robots, particularly if they are jailbroken * Researchers have demonstrated that it is possible to jailbreak certain robots and use them to cause physical damage * New legislation and regulation may be needed to address the potential risks of these technologies. Overall, the article highlights the potential benefits and risks of four-legged robots and the need for careful consideration and regulation as these technologies become more widespread.
June 13, 2025 • By MarketBeat News
Rhumbline Advisers increased its stake in Oceaneering International, Inc. (NYSE:OII) by 0.8% during the first quarter, owning 258,594 shares worth $5,640,000. Other institutional investors, including Empowered Funds LLC, Savant Capital LLC, Van ECK Associates Corp, Congress Asset Management Co., and State of New Jersey Common Pension Fund D, also modified their holdings in OII. Analysts have rated the stock with a consensus "Hold" rating and an average price target of $28.00. Oceaneering International reported $0.43 earnings per share for the quarter, beating the consensus estimate, with revenue up 12.6% year-over-year. The company provides engineered services and products to various industries worldwide.
June 13, 2025 • By MarketBeat News
Cantor Fitzgerald has reissued a neutral rating on Ouster (NYSE:OUST) with a $19.00 price objective. The brokerage also estimated Ouster's FY2026 earnings at ($1.28) EPS. Other analysts have set price targets ranging from $13.68 to $17.00, with a consensus rating of "Moderate Buy" and an average price target of $15.24. Insiders and institutional investors have modified their holdings, with 31.45% of the stock owned by institutional investors. Ouster provides lidar sensors for various industries, including automotive and smart infrastructure.
June 13, 2025 • By MarketBeat News
Wealth Enhancement Advisory Services LLC decreased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 19.5% in the 4th quarter, selling 2,320 shares. The fund now owns 9,606 shares worth $433,000. Other hedge funds, including Baird Financial Group Inc., Raymond James Financial Inc., and Congress Wealth Management LLC DE, have also bought or sold shares of the company. The ETF tracks a modified equal-weighted index of global companies involved in artificial intelligence or robotics and has a market cap of $475.19 million.
June 13, 2025
XtalPi, a life sciences and new materials R&D platform, has acquired Liverpool ChiroChem (LCC), a pioneer in automated chiral chemistry technologies. The merger enhances XtalPi's ability to explore and synthesize novel chemical space with speed and precision, accelerating innovation for pharmaceutical, materials, and specialty chemical applications. LCC's expertise in chiral chemistry complements XtalPi's AI platform, broadening its accessible chemical space and propelling the discovery of next-generation therapeutics and materials. The combined entity operates globally, offering clients enhanced operational flexibility and secure project management. The acquisition underscores XtalPi's commitment to advancing chemical discovery and delivering transformative solutions to partners worldwide.
June 13, 2025 • By MarketBeat News
Here's a concise summary of the article: Seven casino stocks to watch are Flutter Entertainment, SharpLink Gaming, DraftKings, Wynn Resorts, MGM Resorts International, Richtech Robotics, and PENN Entertainment. These companies had the highest dollar trading volume in the last few days. - Flutter Entertainment's stock traded up $4.74 to $272.25 with a market capitalization of $48.10 billion. - SharpLink Gaming's stock traded up $14.31 to $48.29 with a 1-year high of $124.12. - DraftKings' stock traded up $0.34 to $37.90 with a market cap of $33.71 billion. - Wynn Resorts' stock traded up $0.01 to $86.68 with a market cap of $9.06 billion. - MGM Resorts International's stock traded down $0.31 to $33.08 with a market cap of $9.00 billion. - Richtech Robotics' stock traded down $0.05 to $2.16 with a market capitalization of $246.76 million. - PENN Entertainment's stock traded down $0.07 to $16.74 with a market cap of $2.53 billion. These companies' market value depends on consumer discretionary spending, tourism trends, and the regulatory environment governing gambling. They are often viewed as cyclical investments sensitive to broader macroeconomic conditions.
June 13, 2025 • By fortune.com
Sunshine Robotics, a startup creating modular industrial robotics and AI models for easy deployment, has emerged from stealth with $8.5 million in seed funding led by Plural, a London-based venture capital firm.
June 13, 2025 • By Jeremy Kahn
Sunrise Robotics, a startup based in Ljubljana, Slovenia, has emerged from stealth with $8.5 million in seed funding. The investment round was led by Plural, a London-based venture capital firm, and included participation from Tapestry, Seedcamp, Tiny.vc, and Prototype Capital. Sunrise Robotics is developing modular industrial robotics and AI models to simplify deployment in different environments. The company aims to address the labor shortage in European manufacturing firms by using industrial robots to take over manual tasks. Its two-armed robots can be up and running on a new production line in less than 10 weeks, compared to traditional industrial robots which can take up to eight months to deploy. Sunrise Robotics uses cameras to gather data on workstations and trains AI models to control its robots. The company plans to use its new funding to expand its team and ramp up production of its robot workstations.
June 13, 2025 • By Jeremy Kahn
An industrial robot startup has emerged from stealth with $8.5 million in seed funding. The startup focuses on easy-to-deploy industrial robots, and this funding will likely help them develop and expand their technology. Jeremy Kahn, AI editor at Fortune, reported on this exclusive story, highlighting the growing interest in artificial intelligence and robotics.
June 13, 2025
India is seeking to develop its own domestic supplies of rare earth elements (REEs) due to China's restrictions on exports. Experts believe India could become an alternative to China in the sector, but it requires more public and private investment. India has substantial REE reserves, with 6.9 million tons, and is poised to play a key role in building a more diversified global REE supply chain. However, India lacks advanced separation and refining technology, and faces challenges such as poor infrastructure and a lack of specialized technical expertise. The Indian government is considering private sector collaboration and incentive schemes to encourage local mining and processing. India is already working on several domestic REE projects, and Commerce and Industry Minister Piyush Goyal is searching for alternative REE sources outside China.
June 13, 2025 • By MarketBeat News
QinetiQ Group plc insider Steve Wadey bought 27 shares of the company's stock at an average price of GBX 548 ($7.46) per share. The company has a market cap of £2.85 billion and a dividend yield of 2.29%. Several analysts have commented on the company, with Berenberg Bank and Barclays increasing their target prices and giving the company a "buy" and "overweight" rating, respectively. QinetiQ Group operates as a science and engineering company in the defense, security, and infrastructure markets, offering various products and services.
June 13, 2025 • By thedailyupside.com
Gecko's AI robots represent a shift towards practical, task-centric technology in the robotics industry. In Q1 2025, over 70% of the $2.3 billion raised by robotics companies was directed towards this type of technology, indicating a focus on functional, rather than flashy, robotics. This trend is characterized as the 'boring' future of bots, prioritizing efficiency and usefulness over innovative designs.
June 13, 2025 • By Jingyue Hsiao
Samsung Electronics and Nvidia have taken minority equity stakes in Skild AI, a US-based robotics software startup. This move is seen as a strategic push into the growing consumer robotics sector.