NVIDIA Robotics Adopted by Industry Leaders for Development of Tens of Millions of AI-Powered Autonomous Machines
NVIDIA announced at COMPUTEX 2024 that leading robotics companies such as BYD Electronics, Siemens, Teradyne Robotics, and Intrinsic, an Alphabet company, are adopting its Isaac robotics platform for AI-enabled autonomous machines. The Isaac platform offers various NVIDIA-accelerated libraries, AI models, and simulation technologies, aiding in the development of robotic arms, humanoids, and mobile robots. Companies like Siemens are using Isaac Sim for testing and developing AI-driven industrial robots, while BYD Electronics is creating autonomous mobile robots for logistics. Intrinsic has successfully tested Isaac Manipulator in its platform. These integrations aim to enhance efficiency, safety, and automation in factories and warehouses, potentially reducing production costs and improving human-robot collaboration.
- NVIDIA announced key partnerships with industry leaders like Siemens and BYD Electronics.
- The Isaac platform provides advanced AI and simulation technologies, which could boost productivity and efficiency in various industries.
- Over 100 companies are adopting Isaac Sim for simulating, testing, and validating robotic applications.
- Siemens is integrating Isaac Sim for its AI-driven industrial robots, enhancing cognitive and autonomous capabilities.
- Intrinsic successfully tested Isaac Manipulator, showing potential for scalable robotic grasping skills.
- BYD Electronics is developing autonomous mobile robots with NVIDIA Isaac, aimed at improving worker safety and reducing production costs.
- The press release lacks specific financial details such as revenue contributions from the new partnerships.
- There is no mention of specific timelines for the deployment of these technologies, which may cause investor uncertainty.
- Potential risks associated with the integration of complex AI systems in industrial settings are not addressed.
- The PR does not provide clear metrics or data on the expected impact of these technologies on NVIDIA's overall financial performance.
Insights
NVIDIA's announcement of its Isaac Robotics platform's adoption by industry giants like BYD Electronics, Siemens, Teradyne Robotics and Intrinsic marks a significant moment in robotics innovation. The integration of NVIDIA's advanced AI technologies into diverse robot models enhances efficiency and safety in industrial settings. This collaboration leverages AI models and simulation technologies to improve operational workflows.
For retail investors, this strategic partnership highlights NVIDIA's commitment to expanding its market presence in the robotics sector. The use of NVIDIA Isaac Sim for simulation and validation underscores the importance of digital twins—virtual replicas of physical entities—which can streamline the development and deployment of autonomous machines.
In the short term, these collaborations could boost NVIDIA's revenue as its technologies are embedded in next-gen robotics. In the long term, establishing a robust ecosystem around Isaac could solidify NVIDIA's leadership in AI-powered robotics.
NVIDIA's strong alliances with BYD Electronics, Siemens and other industry leaders suggest a positive financial outlook. By supplying critical technologies that are difficult to replicate, NVIDIA ensures a steady revenue stream. This ecosystem approach, where multiple companies adopt their platform, often results in recurring revenue through licenses, updates and support.
Given NVIDIA’s extensive market reach across Asia, Europe and North America, this expansion could translate into increased
Additionally, the complimenting of AI with industrial-grade applications aligns with current trends of smart factories and Industry 4.0, which could lead to increased adoption of NVIDIA's solutions.
The adoption of NVIDIA's Isaac platform by leading robotics firms is a clear indicator of its competitive edge in the rapidly evolving field of AI and robotics. This move not only validates NVIDIA's technological prowess but also positions it strategically in the growing market of autonomous systems.
The robotics industry is expected to grow at a compound annual growth rate (CAGR) of around
Furthermore, NVIDIA's integration with platforms like Siemens’ SIMATIC and Intrinsic's robot-agnostic software demonstrates the platform's versatility and potential for broad market adoption. This development could spur further innovations, encouraging even more companies to join the NVIDIA ecosystem, potentially driving up demand for NVIDIA's hardware and software solutions.
BYD Electronics, Siemens, Teradyne Robotics and Intrinsic, an Alphabet Company, Using NVIDIA Isaac Robotics Platform for Autonomous Robot Arms, Humanoids, Mobile Robots
TAIPEI, Taiwan, June 02, 2024 (GLOBE NEWSWIRE) -- COMPUTEX -- NVIDIA today announced that the world’s leaders in robot development are adopting the NVIDIA Isaac™ robotics platform for the research, development and production of the next generation of AI-enabled autonomous machines and robots.
BYD Electronics, Siemens, Teradyne Robotics and Intrinsic, an Alphabet company, are among more than a dozen robotics industry leaders globally that are integrating NVIDIA Isaac accelerated libraries, physically based simulation and AI models into their software frameworks and robot models to make factories, warehouses and distribution centers highly efficient and safer for their human coworkers, and act as intelligent assistants for repetitive or ultra-precise tasks.
“The era of robotics has arrived. Everything that moves will one day be autonomous,” said Jensen Huang, founder and CEO of NVIDIA. “We are working to accelerate generative physical AI by advancing the NVIDIA robotics stack, including Omniverse for simulation applications, Project GR00T humanoid foundation models and the Jetson Thor robotics computer.”
The Isaac platform features a suite of NVIDIA-accelerated libraries, AI foundation models and simulation technologies that are available today to robot makers to integrate into their technology stacks.
- NVIDIA Isaac ROS — a collection of modular ROS 2 packages that brings NVIDIA-acceleration and AI models to ROS community developers.
- NVIDIA Isaac Perceptor — a reference workflow built on Isaac ROS that provides multi-camera, 3D surround-vision capabilities for AI-based autonomous mobile robots.
- NVIDIA Isaac Manipulator — a reference workflow built on Isaac ROS that simplifies development of AI-enabled robot arms, or manipulators, that can seamlessly perceive, understand and interact with their environments.
- NVIDIA Isaac Sim™ — a reference application for simulating, testing and validating robots in physically based environments, and for generating synthetic data, based on the NVIDIA Omniverse™ platform.
- NVIDIA Isaac Lab — a reference application in Isaac Sim optimized for reinforcement, imitation and transfer learning for AI robot foundation model training.
Isaac Ecosystem Rapidly Expands
NVIDIA Isaac’s early adopters are leaders in robotics and autonomous machine development across Asia, Europe and North America.
Siemens, global leader in industrial automation software and systems, is using NVIDIA Isaac Sim for its powerful software-in-the-loop capabilities. The Isaac technologies accelerate Siemens development and testing of advanced robotics skills such as SIMATIC Robot PickAI (PRO) and SIMATIC Robot Pack AI. The AI vision software provides cognitive AI-driven capabilities and enables industrial robot systems to autonomously and reliably pick-and-pack arbitrary items without any prior training of the AI by the user. The companies plan to expand their partnership and announce new capabilities later this year at the SPS Expo.
Siemens delivers industrial-grade AI and is pushing it to the forefront of robotics by seamlessly integrating with automation solutions and making it easy to use when deployed on a NVIDIA-powered Siemens industrial PC foundation, bringing vision AI to the ecosystem of industrial robots.
“AI-powered robots will accelerate the digital transformation of industry and take over repetitive tasks that were previously impossible to automate so we can unlock human potential for more creative and valuable work,” said Roland Busch, president and CEO at Siemens AG. “Together with NVIDIA, Siemens is empowering our customers and partners to use AI to create new innovations, incorporate them as part of their industrial automation solutions and drive efficiency and competitive advantage.”
Intrinsic, a software and AI robotics subsidiary of Alphabet that acquired the Open Source Robotics Corporation in late 2022, has successfully tested Isaac Manipulator in its robot-agnostic software platform. Intrinsic has demonstrated, using Manipulator, the potential for a scalable, universally applicable robotic-grasping skill to work across grippers, environments and objects.
“We couldn’t have found a better collaborator in NVIDIA, who are helping to pave the way for foundation models to have a profound impact on industrial robotics,” said Wendy Tan White, CEO of Intrinsic. “As our teams work together on integrating NVIDIA Isaac and Intrinsic’s platform, the potential value we can unlock for millions of developers and businesses is immense.”
BYD Group has a strong manufacturing footprint across four major industries, including electronics, automotive, new energy and rail transportation worldwide. Its one subsidiary, BYD Electronics (BYDE), a global leading provider of high-tech and innovative products, is developing a full range of autonomous mobile robots that provide factories with complete logistics solutions using NVIDIA Isaac Sim and Isaac Perceptor.
“BYDE has a strong focus on helping customers accelerate deployment of logistics applications,” said Chris Yotive, senior business development director of BYD Electronics. “In collaboration with NVIDIA, we have developed advanced autonomous mobile robots powered by NVIDIA Isaac that will improve worker safety, reduce production costs and enhance production intelligence for our customers.”
Universal Robots (UR) and Mobile Industrial Robots (MiR), Teradyne Robotics companies, are using NVIDIA Isaac to integrate AI into automation. UR is integrating Isaac Manipulator into its PolyScope X software platform to unlock new cobot solutions. MiR is leveraging Isaac Sim to generate synthetic data and simulate its MiR1200 Pallet Jack for real-world deployments.
“The key to tackling our customers’ challenges in robotics lies in the industry’s ability to work together, in one collective effort,” said Ujjwal Kumar, group president of Teradyne Robotics. “With NVIDIA Isaac’s advanced AI and simulation capabilities plugged into our large installed base of autonomous mobile robots and cobots, we will push the envelope of innovation to achieve swift solutions for multiple industries.”
The NVIDIA Isaac platform is modular, enabling companies to adopt individual or several technologies together.
Companies leveraging Isaac Perceptor for development of advanced perception-based autonomous mobile robots include: ArcBest, BYD Electronics, Gideon, idealworks and RGo Robotics.
Companies leveraging Isaac Manipulator for building AI-based robotic arms include: Solomon, Techman Robot, Vention and Yaskawa.
Over 100 companies are adopting Isaac Sim to simulate, test and validate robotic applications, including Hexagon, Husqvarna Group and MathWorks. Isaac Lab is being adopted by Agility, Boston Dynamics, Figure AI, Fourier Intelligence and Sanctuary AI.
Robotics Innovation in Action at Computex
In his COMPUTEX keynote, Huang demonstrated robots used in transportation, healthcare and industrial manufacturing. In one demonstration, Foxconn, the world’s largest electronics manufacturer, showcases a fully simulated autonomous factory in NVIDIA Omniverse, featuring fleets of AI robots developed by NVIDIA robotics partners, based on NVIDIA Isaac.
Watch Huang’s COMPUTEX keynote to get the latest on AI and more. Read more about the updates available now to the NVIDIA Isaac platform.
About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.
For further information, contact:
David Pinto
NVIDIA Corporation
dpinto@nvidia.com
Certain statements in this press release including, but not limited to, statements as to: the benefits, impact, and performance of NVIDIA’s products, services, and technologies, including NVIDIA Isaac robotics platform, NVIDIA Isaac accelerated libraries, NVIDIA Omniverse, Project GR00T humanoid foundation models, Jetson Thor robotics computer, NVIDIA Isaac ROS, NVIDIA Isaac Perceptor, NVIDIA Isaac Manipulator, NVIDIA Isaac Sim, and NVIDIA Isaac Lab; everything that moves being autonomous one day; NVIDIA working to accelerate generative physical AI by advancing the NVIDIA robotics stack, including Omniverse, Project GR00T humanoid foundation models, and the Jetson Thor robotics computer; the benefits and impact of NVIDIA’s collaboration with third parties, and the features of their services and offerings; and third parties using or adopting NVIDIA’s products or technologies and the benefits and impact thereof are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners' products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems; as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company's website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
© 2024 NVIDIA Corporation. All rights reserved. NVIDIA, the NVIDIA logo, NVIDIA Isaac, NVIDIA Isaac Sim and NVIDIA Omniverse are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.
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