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      <p>
        Miso Robotics, an AI-powered cooking robot manufacturer, has partnered with restaurant technology company Cali Group and PopID, a developer of identity verification solutions, to launch an automated restaurant named CaliExpress in Pasadena, California. 
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        The restaurant enables customers to place orders using self-ordering kiosks linked to their PopID accounts and uses Miso robots to prepare customer orders.
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<div>
  <p>
    <a href="https://www.therobotreport.com/miso-robotics-and-cali-group-open-automated-restaurant/">
      The Robot Report
    </a>
  </p>
</div>


Restaurant Industry Robotics

PROMINENT_CATEGORY

<div>
 <p>Miso Robotics, an AI-powered cooking robot producer, has teamed up with Cali Group and PopID to introduce an automated restaurant, CaliExpress, in Pasadena, California. The restaurant offers customers an innovative ordering system through self-serving kiosks linked to their PopID accounts, and the orders are prepared by Miso robots.</p>
</div>

Miso Robotics launches automated restaurant in partnership with Cali Group and PopID

AI, robotics, and IoT to streamline the flow of goods and information

Logistics Tech

ANALYST_QUICK_TAKE

<div>
 <p>Warehouse automation solutions provider, Third Wave Automation, has formed a partnership with logistics firm, Holman Logistics. Their collaboration aims at deploying autonomous forklifts within Holman's multi-client warehouse located in Spanaway, Washington.</p>
 <p>The advanced forklifts come with an AI-powered system which makes it possible for a single operator to manage multiple machines at once. The forklifts are versatile with capabilities to function in completely autonomous, remote assist, remote operation, and manual operation modes. They are adept at handling a variety of tasks like managing full-pallet inbound movements, racking, and pallet picking among others.&nbsp;</p>
</div> <p><b>Analyst QuickTake:<br>
</b> Today’s partnership adds Holman Logistics to Third Wave Automation’s growing list of customers, including C.H. Robinson Worldwide.</p>

Third Wave Automation partners with Holman Logistics to deploy AI-driven forklifts at warehouse in Washington

Using online platforms, autonomy, electric and fuel-cell tech solutions to shape the future of trucking.

Truck Industry Tech

<div>
 <p>The European Union has passed a stringent regulation stipulating that by 2040, majority of new heavy-duty vehicles need to be emission-free to achieve a 90% reduction in CO2 emissions from trucks. This move would prompt a significant boost in the production and sales of electric and hydrogen fuel trucks.</p>
 <p>Currently, diesel-powered trucks dominate in Europe, accounting for a quarter of the continent’s road transport emissions, and contributing to various health issues related to air pollution.</p>
 <p>The regulation sets forward-looking targets urging truck manufacturers to cut down CO2 emissions by 45% by 2030, which is a revision from the previous 30% target. Furthermore, it demands a 65% reduction by 2035. Furthermore, starting from 2030, about 90% of all new urban buses sold must be zero-emission, a requirement that is set to increase to 100% by 2035.</p>
 <p>While the European Automobile Manufacturers' Association (ACEA) labels these regulations as the most severe emissions rules globally, their success is heavily reliant on substantial government funding in electric charging infrastructure. The aim is to establish around 50,000 truck-compatible charging stations by 2030.</p>
 
</div>

EU approves regulations for heavy-duty vehicles to slash emissions by 90% by 2040

<div>
 <p>Gatik, a company specializing in autonomous trucks for middle-mile delivery, has secured a partnership and funding of USD 30 million from Japanese automobile manufacturer, Isuzu Motors. </p>
 <p>This investment will assist in building their autonomous driving operations in North America, along with a collaborative effort to create a fresh redundant chassis specially designed for autonomous driving systems.</p>
 <p>Isuzu Motors, in alliance with Gatik, has a future vision to launch a Level 4 autonomous commercial vehicle business dedicated to middle-mile deliveries by 2027, which implies fully autonomous vehicles that operate within certain pre-determined locations or conditions.</p>
 
</div>

Gatik receives USD 30 million from Isuzu and partners with the same

Empowering efficiency, visibility and collaboration throughout supply networks

Supply Chain Tech

<div>
 <p>Exiger, a global leader in regulatory, financial crime, risk, and compliance solutions, has entered into a strategic partnership with Kharon, renowned for its prodigious risk analytics. This partnership aims to fortify global supply chain security efforts.</p><p>In terms of collaboration, Exiger's AI-powered supply chain management platform will be integrated with Kharon's extensive understanding of supply chain risk, resulting in a powerful, dynamic risk analysis framework.</p><p>The primary objective of this joint venture is to offer a quick risk assessment procedure and enhance decision-making ability among supply chain professionals. Furthermore, the partnership aims to strengthen organizational capability to deal efficiently with global supply chain risk complexities.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> In recent years, the company has <a href="https:<br>
//sp-edge.com/updates/27246"> partnered </a> with aDolus to bolster supply chain cyber defense for critical industries and with the <a href="https:<br>
//sp-edge.com/updates/24987"> USPAE </a> to secure the US electronics supply chain.</p>

Exiger and Kharon collaborate to enhance global supply chain security and risk management

Technologies bringing about a new reality

Extended Reality

INCUMBENTS_PRESENT

<div>
 <p>In its I/O 2024 conference, Google introduced the prototype of a potential AR glass, "Project Astra". It has yet to be confirmed if the glasses possess the ability to overlay text or images onto the users' field of view.</p>
 <p>The new model enables individuals to inquire about their surroundings and receive responses via an LLM. The design of the glasses is distinct due to their ample frame and curved nose bridge, setting them apart from the initial Google Glass.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Google has faced numerous hurdles in developing XR hardware, including laying off hundreds of individuals working on its AR hardware team ( <a href="https:<br>
//sp-edge.com/updates/25473"> January 2024 </a> ), halting work on "Project Iris," intended to be an AR headset ( <a href="https:<br>
//sp-edge.com/updates/20338"> July 2023 </a> ), and discontinuing enterprise sales of the Google Glass ( <a href="https:<br>
//sp-edge.com/updates/17135"> March 2023 </a> ).</p>

Google announces potential AR glass prototype at I/O 2024 conference

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

<div>
 <p>The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Alphabet's Waymo autonomous vehicles after receiving reports of 22 incidents, including 17 accidents, potentially due to traffic law violations. </p>
 <p>About 444 Waymo cars are under investigation, with the focus on possible non-adherence to traffic control devices and unanticipated behaviors causing accidents.</p>
 <p>The NHTSA plans to scrutinize the Waymo 5th Generation self-driving system to assess its capability in identifying and reacting to traffic signals and preventing collisions with moving and stationary objects. If these vehicles are deemed to present significant safety hazards, the inquiry may result in a recall.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> This investigation follows previous probes into other autonomous vehicle companies like <a href="https:<br>
//www.autonews.com/mobility-report/gms-cruise-faces-nhtsa-probe-pedestrian-risks"> General Motors' Cruise </a> and <a href="https:<br>
//sp-edge.com/updates/29367"> Amazon's Zoox. </a> <a href="https:<br>
//sp-edge.com/updates/26569"> In February, </a> Waymo also recalled and updated its vehicles after identifying a software glitch that could misjudge the movements of towed vehicles.</p>

Alphabet’s Waymo under investigation following incidents involving its autonomous vehicles

<div>
 <p>UK-based electric truck firm Tevva is seeking to appoint administrators as it faces potential insolvency, instigated by the need to secure additional funding to keep the company operational. </p>
 <p> Although Tevva had earlier attained preliminary deals with big names including Royal Mail and Travis Perkins, it is now struggling with financial problems brought about by harsh global economic circumstances affecting electric vehicle startups. </p>
 <p> An unsuccessful merging attempt with the Canadian company ElectraMeccanica in <a href="https://sp-edge.com/updates/22979"> October 2023 </a> has aggravated Tevva's situation, resulting in legal battles, and inciting an urgent need for investment to uphold its operations. </p>
</div>

Tevva prepares to appoint administrators while seeking funding

Reinforcing recycling, rerouting refuse, and reducing wasteflows

Waste Recovery & Management Tech

<div>
 <p>Princeton NuEnergy (PNE), a firm specializing in repurposing lithium-ion battery materials, has garnered USD 10.3 million in its Series A funding round. Leading participants in the round include SCGC, Tech Council Ventures, and a division of LKQ Corporation.</p>
 <p>The funds secured will be utilized by PNE to erect an Advanced Black Mass and Cathode Manufacturing Center situated in the southeastern region of the US, also known as the "battery belt".</p>
</div> <p><b>Analyst QuickTake:<br>
</b> The company previously raised USD 16 million in a Series A funding round in <a href="https:<br>
//sp-edge.com/updates/23553"> November 2023 </a> to enhance its processing capacity. This was preceded by a USD 4.4 million grant from the US Department of Energy in <a href="https:<br>
//sp-edge.com/updates/21712"> September 2023 </a> .</p>

Princeton NuEnergy raises USD 10.3 million in Series A funding to construct manufacturing facility

Information to create a more efficient, cleaner and safer way to travel in the city of the future

Smart Mobility Information

<div>
 
 <p>Optibus, a company specializing in urban bus transport planning and management, has joined forces with data analytics platform, Snapper Services. Their aim is to provide a superior level of data analysis for operators within the public transit sector.</p>
 <p>By integrating Optibus's planning and scheduling software suite with Snapper’s transportation analytics platform, Mosaiq Insights, they hope to enhance runtimes, allow for complex data visualization, and monitor service changes' impact for public transportation operators and agencies.</p>
 <p>The collaboration will further enhance the efficiency of Optibus's suite as it enables comparison of static data with historical automatic vehicle location data. Optibus and Snapper Services believe the partnership will provide managers with access to both datasets, assisting in identifying the origins of any service disruptions.</p>
 
</div>

Optibus partners with Snapper Services for improved public transit data analysis

Now anyone can become a software developer.

No-code Software

<div>
 
 <p>Website building platform Squarespace has revealed its decision to go private in a definitive agreement with private equity firm, Permira. The deal is worth approximately USD 6.9 billion in an all-cash transaction.</p>
 <p>The agreement stipulates that Squarespace shareholders will receive USD 44 per share in cash. This represents a 29% premium over the stock’s 90-day volume-weighted average trading price. In addition, General Atlantic and Accel will re-invest under the agreement. CEO Anthony Casalena will hold on to a large majority of his existing equity, maintaining his position as one of the largest shareholders.</p>
 
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All Updates