The BMI wearable or implant translates neuronal information into commands capable of controlling external software or hardware such as a computer or robotic arm. A digital twin is a virtual representation that serves as the real-time digital counterpart of a physical object or process. We’re not at the intersection yet, but the technologies are already in use.

Why it’s worth watching: Stretch will join an army of already employed robots, like Amazon Robotics’ Kiva, that are quite literally electrifying the logistics and shipping industry. For warehouse workers, Amazon Robotics promised the potential of taking on the herculean hours and intense labor Amazon demands of employees.

Digital transformation is vital for wealth managers, as consumer expectations are changing, fiscal pressures are tightening, and competition is stiffening. These drivers have been further accelerated by the pandemic. But transformation efforts across the front, middle, and back office can help incumbents get their services up to speed and better compete with fintech wealth managers that are challenging the status quo.

The insurer is leveraging more than 100 different robotic processes internally across various departments to improve operational efficiencies and better understand risk. Here are two key use cases:. Speedier underwriting and settlement.

But when consumers need something immediately, we think that Roxo and robotics will be the most efficient way to get it there. In the future, there could be a fleet of Roxo at a Walgreens, Pizza Hut or Target. Someone who needs a few items for dinner or a mother who's home with a sick child and needs Tylenol could have Roxo deliver right to their door.

The company has experience in robotics, deploying self-navigating Autonomous Indoor Vehicles in its Gigafactory. It’s part of a push to be seen as “much more than an electric car company,” per TechCrunch. How we got here: Tesla announced it was building a supercomputer to train its AV neural networks in June this year.

Waitrose saw requests for London deliveries rise by more than 50% between the start of the coronavirus crisis and early May, prompting investment in a new fulfillment facility that will double its existing capacity. 2020 has seen several major UK players take a step further toward robotics as well.

In a press release, the South Korean multinational said its smartphone exit would allow it to focus on “electric vehicle components, connected devices, smart homes, robotics, artificial intelligence,” and other growth areas. The company expects to complete the closure by sometime this July. LG has struggled to shoulder heavy losses in its mobile phone business for years.

The news: Google has partnered with Ericsson to provide cloud computing services and 5G connectivity for time-sensitive applications like robotics and VR, per Bloomberg. Early tests have started in conjunction with Italy's Telecom Italia. More on this: Google will serve as the cloud services provider, while Ericsson will build the 5G wireless equipment.