Swiss tech company ABB is putting up $150 million for the construction of the world’s most advanced robotics factory in Shanghai, China that will combine cutting-edge AI and digital technologies.
We are approaching a point in our technological evolution in which the influence and presence of robotics are becoming undeniable. Most recently, some examples of this include the increased use of robotics in assisting in surgeries and carrying out underwater missions.
One of the most important components for the healthy advancement of this crucial robotics industry lies in a strong collaboration between local government and industry leaders. Based on this line of thinking, highly influential tech company ASEA Brown Boveri (ABB) announced yesterday its plans to construct the most advanced robotics factory the world has ever seen.
Planned for setup in the tech hub of Shanghai, the project is being supported by a sizeable backing investment of USD $150 million. This is being seen by many as one of the crucial steps in elevating the city to the status that rivals the tech giant of silicone valley.