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Smart Glasses Sales Doubled in the First Nine Months, Yet Manufacturers Are Still Losing Money
Ahead of the Double 11 shopping festival, the smart glasses sector reported strong growth: Ray-Ban parent EssilorLuxottica recorded EUR 486 million in third-quarter wearable revenue, while China's Ministry of Commerce noted a 1.1-fold year-on-year increase in domestic smart glasses sales during the first nine months.
Maxinsights Raises $30 Million Seed Round Led by Peak XV to Scale Robot Training Data
On October 22, Santa Clara-based Maxinsights closed a $30 million seed round led by Peak XV, with participation from Tola Capital, South Park Commons, Yince Capital, and Alumni Ventures, to scale its pipeline of real-world human demonstration data for robot training.
Beyond the Hardware Sale: Can Robot Integrators Turn a Profit?
While robot manufacturers focus on hardware sales, system integrators are tasked with making these machines actually work on the factory floor. However, turning a profit from this secondary development is proving difficult, with a single palletizing project requiring over RMB 1 million in combined hardware and software investment.
In Conversation with Saturday Robotics Founder Junfan Zhu: “By the Time a Robotics Paper Is Published, Its Approach May Already Be Out of Date”
How Junfan Zhu is building a cross-disciplinary robotics research community in the Bay Area while working on better ways to evaluate AI systems in the physical world, and why he thinks robotics has yet to have its benchmark moment.