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UK online supermarket Ocado strikes AI deal in Japan
by Staff Writers
London (AFP) Nov 29, 2019

UK online supermarket Ocado is venturing further outside its main market, announcing Friday a deal to provide artificial intelligence (AI) capabilities to Japanese retail giant Aeon.

"We are pleased to announce the signing of an agreement... to develop Aeon's online grocery business in Japan using the Ocado Smart Platform," the British group said in a statement.

Aeon chief executive Motoya Okada referred to Ocado as a "state-of-the-art, exciting and transformative partner" that will align with its own "strategy of accelerating Aeon's digital shift to serve Japan's consumers".

It is Ocado's first partner in Asia, having already expanded into the United States.

Under the Aeon deal, the first warehouse operated largely by robots will serve Japan's Kanto region from 2023, to be followed by further "customer fulfilment centres" in the two years thereafter.

Ocado's share price soared 12 percent to �13.53 in morning trade, topping London's benchmark FTSE 100 index which was down slightly overall.

"Ocado's future relies on growing the Solutions business -- where it builds state of the art robotic warehouses that fulfil tens of thousands of online orders a week for its partners," said Sophie Lund-Yates, equity analyst at Hargreaves Lansdown.


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ROBO SPACE
Scientists help soldiers figure out what robots know
Aberdeen Proving Ground MD (SPX) Nov 25, 2019
An Army-led research team developed new algorithms and filled in knowledge gaps about how robots contribute to teams and what robots know about their environment and teammates. Dr. Kristin Schaefer-Lay, an engineer with the U.S. Army Combat Capabilities Development Command's Army Research Laboratory, is part of a multidisciplinary team of reseachers from the Army, Carnegie Mellon University, University of Minnesota and the University of Central Florida - amongst others, who developed specific algo ... read more

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