Tag: M&G Investment Management
FBR Limited to manufacture Hadrian X robots for US market
Australian robotics technology company FBR Limited has signed an agreement with U.K.-based shareholder M&G Investment Management to purchase 277 million fully paid ordinary shares in FBR for a total of AUD 9.14 million for the production and commercial deployment of three more next-generation Hadrian X robots intended for accelerated use in the USA.
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Reality check: Aussie factories’ journey to responsible AI implementation
Artificial intelligence has become more than just a buzzword as it promises to revolutionise every other industry in the world, including manufacturing. In Australia, in particular, the hype surrounding AI and automation has reached a fever pitch, with many business leaders leveraging their resources to race towards adoption and implementation.
