Fanuc Invests in Startup as Robot Intelligence Race Heats Up

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Fanuc Corp. announced a 900 million yen ($7.3 million) investment in artificial intelligence startup Preferred Networks Inc. as the race to endow industrial robots with learning capabilities heats up.

The world’s largest maker of automation equipment will use Preferred Networks’ machine learning techniques to create robots that can independently detect and correct production flaws, the companies said in a statement on Friday. They will also develop robots that cooperate with each other and share acquired knowledge with other machines via the cloud.