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Humanoid robot startup Diligent taps Cruise executives as it looks beyond healthcare
Humanoid robot startup Diligent taps Cruise executives as it looks beyond healthcare

The Star

time10-07-2025

  • Business
  • The Star

Humanoid robot startup Diligent taps Cruise executives as it looks beyond healthcare

(Reuters) -Diligent Robotics has added two top executives from robotaxi firm Cruise as it prepares to scale beyond hospital logistics, the humanoid robot maker said on Thursday. The hires signal a strategic shift to broader commerical applications for Diligent, whose Moxi robot handles non-patient-facing tasks such as delivering supplies, medications and lab samples in hospitals. Rashed Haq, who was head of AI and robotics at Cruise, joins as chief technology officer, and Todd Brugger, previously operations chief at Cruise, joins as chief operations officer. Haq brings expertise in deploying large-scale autonomous systems and will lead Diligent's AI roadmap, the company said. Brugger will oversee operations and commercial strategy, aiming to scale Diligent's robotic deployments across industries. 'Rashed and Todd's experience scaling autonomous vehicle technology is exactly what we need as we expand into broader commercial applications,' said Andrea Thomaz, CEO of Diligent Robotics. Moxi, the company's humanoid robot, has completed over one million deliveries in more than 30 U.S. hospitals, saving nearly 600,000 staff hours, the company said. Diligent is aiming to position itself at the forefront of embodied AI, with plans to deploy over 3,000 robots by 2030. (Reporting by Akash Sriram in Bengaluru; Editing by Sahal Muhammed)

Enjoying the art of fine dining at San Miguel de Allende's Hotel Matilda
Enjoying the art of fine dining at San Miguel de Allende's Hotel Matilda

Travel Weekly

time09-07-2025

  • Travel Weekly

Enjoying the art of fine dining at San Miguel de Allende's Hotel Matilda

San Miguel de Allende has never been one to rest on its laurels. For all its historic splendor and status as a Unesco World Heritage Site, the city continues to reinvent itself, especially when it comes to its food scene. Innovative restaurants, daring chefs and a high concentration of culinary talent have made this cobblestoned haven in the highlands one of Mexico's most exciting destinations for food lovers. It's fitting, then, that one of the most touted hotels in the country sits right in the heart of it all. At Moxi, the heirloom tomato salad with stracciatella is a standout dish. Photo Credit: Meagan Drillinger The menu at Moxi Hotel Matilda has long been the darling of San Miguel's luxury set. It's a contemporary, art-splashed counterpoint to the traditional aesthetic of the city. But more than a place to sleep, it's a place to feel immersed, inspired and well-fed. On a recent visit, I was reminded once again why this hotel continues to be one of the most innovative stays in Mexico. At the heart of the experience is Moxi, the hotel's signature restaurant, where a tasting menu experience is always in rotation. The culinary team keeps things playful and seasonal, drawing on local ingredients and international techniques to build something entirely unique. The menu changes regularly, but my own dinner there was a standout highlight of the trip. I started with a colorful medley of organic tomatoes served with basil and creamy stracciatella. That was followed by a tangy crab aguachile. A perfectly cooked red snapper arrived next, dressed in a bright citrus vinaigrette and resting atop a bed of fresh fennel salad. Earthy and rich, the pappardelle with lamb ragu and a touch of eggplant ash brought the whole meal home. The presentation was beautiful, and the dishes were paired with thoughtful selections of Mexican wine. Crab aguachile is another popular menu item at Moxi restaurant. Photo Credit: Meagan Drillinger Wine and ambiance Speaking of wine, the list at Moxi is refreshing and bold. You'll find a well-curated selection of international options, but what truly excites is the depth of Mexican labels, showcasing how much the country's wine scene has evolved. What makes dining at Moxi particularly special is the setting itself. The restaurant's dining room is a chic blend of contemporary and classic, with a long blue-and-white banquette that faces the window, the flicker of candles and a soft glow that casts an inviting ambiance over the space. Even before the first course arrives, the stage is set. And then there is the bread. I'd be remiss not to mention the buttery brioche that appears at the beginning of the meal — glazed with butter, slightly sweet and fluffy. It's a dangerous prelude. Every meal at Moxi begins with a hot skillet of warm brioche buns. Photo Credit: Meagan Drillinger Love and death and dinner But Hotel Matilda's culinary offerings don't stop at Moxi. The hotel is known for its special dining events, like the newly launched "La Mesa Taittinger," an ultraexclusive Champagne-paired dinner that leans into the hotel's love of collaboration between food and art. The menu for this dinner features elevated creations like oysters with double cream, peach gazpacho with scallops and roasted suckling pig with orange glaze, all paired with different expressions of Taittinger Champagne. Another standout is the annual Cena Erotica, a sultry, candlelit affair that takes place around Valentine's Day and draws a creative crowd for an evening of mystery. Come fall, the Dia de los Muertos dinner, Cena Negra, celebrates seasonal ingredients as well as Mexican culture, heritage, art and music. All of these dinners share a common thread: storytelling. Each course is a chapter. You don't just eat at Hotel Matilda. You participate.

Auric lights fuse on first blast at WA Munda gold mine
Auric lights fuse on first blast at WA Munda gold mine

West Australian

time19-06-2025

  • Business
  • West Australian

Auric lights fuse on first blast at WA Munda gold mine

Auric Mining has lit the fuse on the first blast at the company's Munda gold mine near Widgiemooltha in Western Australia's Goldfields region, marking a major milestone as it shifts from planning to production amid a buoyant gold market. The first blast was fired earlier this week at Auric's starter pit, just weeks after excavation began, clearing the way for full-scale mining. The company says it has already managed to shift 70,000 bank cubic metres (BCM) of material in the past month from a pit design encompassing 380,000BCM. Since much of the initial material has been free-digging, with no need for blasting, Auric would likely have scored an early cost-saving bonus before work on harder rock got underway. Auric is using a dry-hire fleet on site that includes a 125-tonne excavator and four 40t 'Moxi' dump trucks, along with ancillary gear. Kalgoorlie-based Total Drilling Services is handling the grade control, blast-hole drilling and blast supervision to ensure operations are managed with experienced local crews. Auric expects to extract 125,000t of ore grading 1.8 grams per tonne (g/t) gold from the starter pit, most of which will come towards the end of the initial mining at the base of the pit. The company is eyeing a maiden 6100-ounce gold haul from early mining at an all-in sustaining cost of just $2635 per ounce. When it first crunched the numbers, Auric based its projections on a conservative $3500 gold price - enough to deliver a tidy $5.3 million in free cash. With gold now trading at a blistering $5100 an ounce, the upside is looking far juicier, setting the stage for a much bigger payday from Munda's opening act. The initial pit, which is part of a larger resource, is expected to be wrapped up by October. Beneath the surface, Munda is also flexing some serious gold muscle. At a 0.5g/t cut-off, the deposit contains 3.65 million tonnes of ore grading at 1.23g/t for a solid 145,000 ounces of gold. If the cut-off is dropped to 0.2g/t, the resource swells to 189,000 ounces across the indicated and inferred categories. A 2023 scoping study by Kalgoorlie-based Minecomp ran the ruler over the broader Munda project and liked what it saw. Using a now-outdated base-case gold price of $2600 per ounce, the numbers pointed to 1.716Mt at an impressive 2.2g/t, which translates to a juicy $76.9 million in undiscounted surplus cash flow. It is anyone's guess what that figure could balloon to in today's hyper-bullish gold price environment. When the first mining phase is complete, Auric plans to finalise detailed plans for a much larger pit development at Munda, which is slated to begin in 2026. The early $6.5 million development cost has been fully funded from gold sales generated by Auric's Jeffreys Find project near Norseman, avoiding the need for further capital raisings or share price dilution. It also kills several other birds with one stone. By removing overburden - with a pre-strip ratio of 7.6:1 - while gold prices are strong, the company says it is likely to cut future mining costs and build resilience into the broader Munda operation against potential market swings. The initial phase will also deliver critical insights into the larger deposit, giving Auric a chance to refine its strategy ahead of scaling up to full production. Meanwhile, work preparing the site for longer-term operations is in full swing. Auric has completed waste dump and run-of-mine pad preparation, setting the scene for efficient ore handling and stockpiling as mining ramps up. Given its proximity to established infrastructure and a gold price that continues to sparkle, Munda is shaping up as a key revenue driver for Auric, especially given its unhedged status, which the company says will give it full exposure to market upside. As the gold price flirts with record territory, it appears Auric's timing couldn't be better. With equipment on the ground, blasting underway and ounces soon to be hauled out of the earth, the company is ticking every box on the path to early cash flow and long-term expansion. Is your ASX-listed company doing something interesting? Contact:

Auric lights fuse on first blast at WA Munda gold mine
Auric lights fuse on first blast at WA Munda gold mine

The Age

time19-06-2025

  • Business
  • The Age

Auric lights fuse on first blast at WA Munda gold mine

Auric Mining has lit the fuse on the first blast at the company's Munda gold mine near Widgiemooltha in Western Australia's Goldfields region, marking a major milestone as it shifts from planning to production amid a buoyant gold market. The first blast was fired earlier this week at Auric's starter pit, just weeks after excavation began, clearing the way for full-scale mining. The company says it has already managed to shift 70,000 bank cubic metres (BCM) of material in the past month from a pit design encompassing 380,000BCM. Since much of the initial material has been free-digging, with no need for blasting, Auric would likely have scored an early cost-saving bonus before work on harder rock got underway. Auric is using a dry-hire fleet on site that includes a 125-tonne excavator and four 40t 'Moxi' dump trucks, along with ancillary gear. Kalgoorlie-based Total Drilling Services is handling the grade control, blast-hole drilling and blast supervision to ensure operations are managed with experienced local crews. 'Mining is in full swing and all activities are progressing as we expected.' Auric Mining managing director Mark English Auric expects to extract 125,000t of ore grading 1.8 grams per tonne (g/t) gold from the starter pit, most of which will come towards the end of the initial mining at the base of the pit. The company is eyeing a maiden 6100-ounce gold haul from early mining at an all-in sustaining cost of just $2635 per ounce. When it first crunched the numbers, Auric based its projections on a conservative $3500 gold price - enough to deliver a tidy $5.3 million in free cash. Auric Mining managing director Mark English said: 'Mining is in full swing and all activities are progressing as we expected. We are achieving our targets and are exactly where we expected to be in the mine development. We are pleased to be monetising our major asset in such a bullish gold market, the timing is excellent. It is a great place to be as an unhedged gold producer.' With gold now trading at a blistering $5100 an ounce, the upside is looking far juicier, setting the stage for a much bigger payday from Munda's opening act.

Function over flash: Specialized robots attract billions with efficient task handling
Function over flash: Specialized robots attract billions with efficient task handling

Yahoo

time22-05-2025

  • Automotive
  • Yahoo

Function over flash: Specialized robots attract billions with efficient task handling

By Akash Sriram (Reuters) -These robots don't break into a jig or jump, but their ability to do single tasks cheaply and efficiently is attracting investor dollars as focus shifts to function from flash. Far from the sleek humanoids of science fiction that are meant for complex and adaptive work, boxy and utilitarian robots - some the size of industrial tool chests - are built to handle tasks such as hauling parts, collecting trash or inspecting equipment. Interest has been rising in such specialized robots as they offer a clear path to profitability, given the stress on automation across industries, including retail, defense and waste management, company executives, analysts and investors told Reuters. In contrast, makers of general-purpose humanoids are still grappling with technical challenges, including limited training data and difficulty operating in unpredictable real-world environments, to make them viable. Data from PitchBook shows robotics companies globally raised $2.26 billion in the first quarter of 2025, with more than 70% of that capital funneled into firms making task-focused machines. The funding reflects a broader global race to robot supremacy. From Shenzhen to Silicon Valley, companies are trying to develop machines that can take on physical work, with China emerging as a major player thanks to ample government support. The push has been fueled by advances in chip technology, which has enabled more sophisticated AI models that allow robots to perceive, process and react without needing remote servers. "With Nvidia's Orin NX, we were able to put far more AI models on the edge than we could earlier," said Saurabh Chandra, CEO of Ati Motors, referring to Nvidia's high-performance AI chip designed to run multiple machine learning models directly on edge devices such as robots, without relying on the cloud. Based in India's tech capital of Bengaluru, Ati Motors makes robots that can tug around more than 1,000 kilograms on factory floors and industrial sites. Ati Motors has deployed hundreds of robots across more than 50 factories globally, including at Hyundai, Forvia, and Bosch, with its flagship Sherpa Tug logging over 500,000 kilometers in operation. In healthcare, Austin-based Diligent Robotics is seeing traction with Moxi, a robot that handles non-patient-facing tasks such as delivering supplies, medications and lab samples. "We've found that by solving a very specific problem in a high-need area like healthcare, we can create a sustainable business model," Diligent Robotics CEO Andrea Thomaz said, adding Moxi has reached product-level profitability. HUMANOID CHALLENGES The interest comes as general-purpose humanoids face challenges such as teaching machines to navigate unpredictable environments and developing sophisticated reasoning abilities. Unlike generative AI, which is trained on vast online datasets of text, images and audio, the data available to develop humanoid robots is far more limited. These machines must learn by interacting with the physical world and training on datasets focused on tasks such as stacking boxes. Firms like Figure AI, which aims to ship 100,000 humanoid robots over the next four years, rely on advanced AI to process real-time sensory data. That means such robots are mostly confined to controlled environments such as car factories. The cost of humanoids is also far higher than task-specific robots. Components such as cameras and lidar sensors can push manufacturing costs for humanoid robots to between $50,000 and $200,000 per unit, compared with $5,000 to $100,000 for task-specific machines, according to industry executives and a market study by startup Standard Bots. "(True) general-purpose robots have not really been invented yet," said Marc Theermann, strategy chief at Boston Dynamics, adding that "if somebody claims that they are commercially finding a general-purpose robot, they are over-promising and they will under-deliver." While the company's Atlas robot has made headlines with viral clips of it leaping, flipping and dancing, Theermann said the value currently lies in targeted designs. Its four-legged robot, Spot, excels in hazardous industrial inspections, a narrow but lucrative niche. Era Ventures has backed ViaBot, whose autonomous machines manage trash collection in parking lots. Parkway Venture Capital has diversified its bets between Siera AI's forklift automation and Figure AI's humanoid ambitions. "You'll see a transition where there will be robots built for a task doing something very useful, very cost-effectively," said Raja Ghawi, Partner at Era Ventures. "And as that gets better, people will realize there is a good reason to have a full humanoid." Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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