Mech Viz Intelligent Robot Programming News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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BEIJING, Feb. 9, 2021 /PRNewswire/ By empowering AI robotics, leading Chinese AI industrial robotics startup Mech-Mind Robotics (Mech-Mind) helped increase the operational efficiency for over 110 partners in logistics in the year 2020. Focusing on making industrial robots smart by utilizing advanced technologies such as deep learning and 3D vision, Mech-Mind has been growing rapidly in recent months after successive rounds of private funding valuing the 4-year-old startup around US$ 300 million.
With online retail sales growing ten-fold in ten years in China alone, there is already enormous demand for technological solutions to fine task oriented processes in logistics. In addition, the latest reports from Logistics IQ show an expected compound annual growth rate of 14% worldwide in the market of logistics automation, reaching $ US 30 billion by 2026. In adapting to the sheer volumes of packages that are expected to be moved around the world every day, technology ....

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