Untitled Document
Not a member yet? Register for full benefits!

Username
Password
 Mail.ru’s Dmitry Grishin launches $25M robotics fund

This story is from the category Embodiment
Printer Friendly Version
Email to a Friend (currently Down)

 

 

Date posted: 18/06/2012

Robotic technology is close to reaching a new phase of mainstream consumer adoption. That’s the theory behind a new $25 million fund from Dmitry Grishin, the co-founder and CEO of Russia Internet giant Mail.Ru.

The fund will invest globally in areas such as home maintenance, healthcare, education, entertainment — basically any mass consumer market.

The robotics industry now is where the personal computing industry was in the 1980s: ripe for mainstream adoption and poised for massive growth, Grishin says. Technology has advanced to make production of robotics much cheaper now. While it took perhaps $100,000 to build a robot 30 years ago, now it can be built for a fraction of that cost, he says, pointing to things like smartphone technology, 3d scanners and Microsoft’s Kinect platform.

See the full Story via external site: www.kurzweilai.net



Most recent stories in this category (Embodiment):

04/05/2013: Bielefeld robots take part in a space simulation

28/01/2013: Video Game Controllers Affect Hostility During Game Play

28/01/2013: RUB researchers find altered connectivity in the brain network for body perception - The weaker the connection, the greater the misjudgement of body shape

11/01/2013: NASA's Robotic Refueling Demo Set to Jumpstart Expanded Capabilities in Space

10/01/2013: Scientists Use Marine Robots to Detect Endangered Whales

21/12/2012: Robotics: Adhesion disturbed by noise

12/12/2012: Words have feelings

02/12/2012: University of Tennessee engineering professor looks to whirligig beetle for bio-inspired robots