introduction to robotics

INTRODUCTION TO ROBOTICS

Nov 19, 2014

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INTRODUCTION TO ROBOTICS. Presentation Objectives. Definition Types of Robot History Timeline Laws of Robotics Components Uses. Body Effectors Actuators Sensors Controller Software. Definition.

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INTRODUCTION TOROBOTICS

Presentation Objectives • Definition • Types of Robot • History • Timeline • Laws of Robotics • Components • Uses • Body • Effectors • Actuators • Sensors • Controller • Software

Definition • “A re-programmable, multi-functional manipulator designed to move material, parts, tools, or specialized devices through various programmed motions for the performance of a variety of tasks” - Robot Institute of America, 1979 • “An automatic device that performs functions normally ascribed to humans or a machine in the form of a human.” - Webster's Dictionary

Types of Robot • Simple Level Robots • Middle Level Robots • Complex Level Robots • Are automatic machines that extend human potential. • Do work that humans can but should not do. • Are programmable, multipurpose, electromechanical machines. • Do work that humans normally do. • Are reprogrammable, multifunctional, manipulators. • Are designed to move materials, tools and parts through programmed paths. • Are suited for a variety of tasks.

History • Leonardo da Vinci (1452–1519) sketched plans for a humanoid robot around 1495. Da Vinci's notebooks, rediscovered in the 1950s, contain detailed drawings of a mechanical knight now known as Leonardo's robot, able to sit up, wave its arms and move its head and jaw. • In 1738 and 1739, Jacques De Vaucanson exhibited several life-sized automatons: a flute player, a pipe player and a duck. The mechanical duck could flap its wings, crane its neck, and swallow food from the exhibitor's hand, and it gave the illusion of digesting its food by excreting matter stored in a hidden compartment. Complex mechanical toys and animals built in Japan in the 1700s were described in the Karakuri zui (Illustrated Machinery, 1796). (Tea-serving karakuri, with mechanism, 19th century. Tokyo National Science Museum.)

History • The first industrial robot: UNIMATE • 1954: The first programmable robot is designed by George Devol, who coins the term Universal Automation. He later shortens this to Unimation, which becomes the name of the first robot company (1962). UNIMATE originally automated the manufacture of TV picture tubes

History • 1978: The Puma (Programmable Universal Machine for Assembly) robot is developed by Unimation with a General Motors design support. PUMA 560 Manipulator

History • 1980s: The robot industry enters a phase of rapid growth. Many institutions introduce programs and courses in robotics. Robotics courses are spread across mechanical engineering, electrical engineering, and computer science departments. Adept's SCARA robots Cognex In-Sight Robot Barrett Technology Manipulator

History • 1995 - present: Emerging applications in small robotics and mobile robots drive a second growth of start-up companies and research 2003: NASA’s Mars Exploration Rovers will launch toward Mars in search of answers about the history of water on Mars

1206 First programmable humanoid robots Boat with four robotic musicians Al-Jazari Timeline • Date: • Significance: • Robot Name: • Inventor:

1206 1495 First programmable humanoid robots Designs for a humanoid robot Boat with four robotic musicians Mechanical knight Al-Jazari Leonardo Da Vinci Timeline • Date: • Significance: • Robot Name: • Inventor:

1495 1738 Designs for a humanoid robot Mechanical duck that was able to eat, flap its wings, and excrete Mechanical knight Digesting Duck Leonardo Da Vinci Jacques de Vaucanson Timeline • Date: • Significance: • Robot Name: • Inventor:

1738 1800s Mechanical duck that was able to eat, flap its wings, and excrete Japanese mechanical toys that served tea, fired arrows, and painted Digesting Duck Karakuri toys Jacques de Vaucanson Hisashige Tanaka Timeline • Date: • Significance: • Robot Name: • Inventor:

1800s 1921 Japanese mechanical toys that served tea, fired arrows, and painted First fictional automata called "robots" appear in the play R.U.R. Karakuri toys Rossum's Universal Robots Hisashige Tanaka Karel Čapek Timeline • Date: • Significance: • Robot Name: • Inventor:

1921 1930s First fictional automata called "robots" appear in the play R.U.R. Humanoid robot exhibited at the 1939 and 1940 World's Fairs Rossum's Universal Robots Elektro Karel Čapek Westinghouse Electric Corporation Timeline • Date: • Significance: • Robot Name: • Inventor:

1930s 1948 Humanoid robot exhibited at the 1939 and 1940 World's Fairs Simple robots exhibiting biological behaviors Elektro Elsie and Elmer Westinghouse Electric Corporation William Grey Walter Timeline • Date: • Significance: • Robot Name: • Inventor:

1948 1956 First commercial robot, from the Unimation company founded by George Devol and Joseph Engelberger, based on Devol's patents Simple robots exhibiting biological behaviors Elsie and Elmer Unimate William Grey Walter George Devol Timeline • Date: • Significance: • Robot Name: • Inventor:

1956 1961 First commercial robot, from the Unimation company founded by George Devol and Joseph Engelberger, based on Devol's patents First installed industrial robot Unimate Unimate George Devol George Devol Timeline • Date: • Significance: • Robot Name: • Inventor:

1961 1963 First installed industrial robot First palletizing robot Unimate Palletizer George Devol Fuji Yusoki Kogyo Timeline • Date: • Significance: • Robot Name: • Inventor:

1963 1973 First palletizing robot First robot with six electromechanically driven axes Palletizer Famulus Fuji Yusoki Kogyo KUKA Robot Group Timeline • Date: • Significance: • Robot Name: • Inventor:

1973 1975 First robot with six electromechanically driven axes Programmable universal manipulation arm, a Unimation product Famulus PUMA KUKA Robot Group Victor Scheinman Timeline • Date: • Significance: • Robot Name: • Inventor:

Laws of Robotics • Law 1: A robot may not injure a human being or through inaction, allow a human being to come to harm • Law 2: A robot must obey orders given to it by human beings, except where such orders would conflict with a higher order law • Law 3: A robot must protect its own existence as long as such protection does not conflict with a higher order law

Key Components Power Conversion Unit Sensors Actuators Controller User interface Manipulator Linkage Base

Components Body • Typically defined as a graph of links and joints: • A link is a part, a shape with physical properties. • A joint is a constraint on the spatial relations of two or more links.

Components Body (Types of joint) Respectively, a ball joint, which allows rotation around x, y, and z, a hinge joint, which allows rotation around z, and a slider joint, which allows translation along x. These are just a few examples…

Components Effectors • Component to accomplish some desired physical function • Examples: – Hands – Torch – Wheels – Legs – Trumpet

Components Actuators • Common robotic actuators utilize combinations of different electro mechanical devices – Synchronous motor – Stepper motor – AC servo motor – Brushless DC servo motor – Brushed DC servo motor

Components Actuators (Examples) Pneumatic Cylinder Hydraulic Motor DC Motor Stepper Motor Stepper Motor Servo Motor

Components Sensors • Human senses: sight, sound, touch, taste, and smell provide us vital information to function and survive • Robot sensors: measure robot configuration/condition and its environment and send such information to robot controller as electronic signals (e.g., arm position, presence of toxic gas) • Robots often need information that is beyond 5 human senses (e.g., ability to: see in the dark, detect tiny amounts of invisible radiation, measure movement that is too small or fast for the human eye to see) Accelerometer Using Piezoelectric Effect Flexiforce Sensor

Components Sensors • Vision Sensor: e.g., to pick bins, perform inspection, etc. In-Sight Vision Sensors • Part-Picking: Robot can handle In-Sight Vision Sensors work pieces that are randomly piled by using 3-D vision sensor. Since alignment operation, a special parts feeder, and an alignment pallets are not required, an automatic system can be constructed at low cost.

Example Components Sensors • Force Sensor: e.g., parts fitting and insertion, force feedback in robotic surgery • Tilt sensors: e.g., to balance a robot

Components Sensors • Imaging sensors: these create a visual representation of the world. Here, a stereo vision system creates a depth map for a Grand Challenge competitor.

Components Sensors • Proprioceptive sensors: these provide information on the robot’s internal state, e.g. the position of its joints. Shaft decoders count revolutions, allowing for configuration data and odometer.

Components Controller • Provide necessary intelligence to control the manipulator/mobile robot • Process the sensory information and compute the control commands for the actuators to carry out specified tasks Storage devices: e.g., memory to store the control program and the state of the robot system obtained from the sensors

Components Controller • There are two controller paradigms – Open-loop controllers execute robot movement without feedback. – Closed-loop controllers execute robot movement and judge progress with sensors. They can thus compensate for errors.

Components Software • Hybrid architectures are software architectures combining deliberative and reactive controllers. – An example is path-planning and PD control. • The most popular hybrid software architecture is the three-layer architecture: • – Reactive layer – low-level control, tight sensor-action loop, decisions cycles (DCs) order of milliseconds. • – Executive layer – directives from deliberative layer sequenced for reactive layer, representing sensor information, localization, mapping, DCs order of seconds. • – Deliberative layer – generates global solutions to complex tasks, path planning, model-based planning, analyze sensor data represented by executive layer, DCs order of minutes.

Uses • Agriculture • Automobile • Construction • Entertainment • Health care: hospitals, patient-care, surgery , research, etc. • Laboratories: science, engineering , etc. • Law enforcement: surveillance, patrol, etc. • Manufacturing • Military: surveillance, attack, etc. • Mining, excavation, and exploration • Transportation: air, ground, rail, space, etc. • Utilities: gas, water, and electric • Warehouses

Uses • Jobs that are dangerous for humans Decontaminating Robot Cleaning the main circulating pump housing in the nuclear power plant

Uses • Repetitive jobs that are boring, stressful, or labor-intensive for humans Welding Robot

Uses • Menial tasks that human don’t want to do Menial tasks that human don’t want to do

Uses • Robots in Space NASA Space Station

Uses • Robots in Hazardous Environments TROV in Antarctica operating under water

Uses • Medical Robots Robotic assistant for micro surgery

Thanking You...... Foysal MOHD Shawon ID: 071-163-041 Group: (D) Mob: 01913-258484 Email: [email protected] Web page: www.foysal.synthasite.com

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Basics of Robotics PowerPoint Presentation

  • by Refresh Science
  • July 10, 2020 January 6, 2022

What is robotics?

  • Robotics is the combination of engineering, science and technology that produces a machine called robot.
  • Robotics is a domain where people work with the development and use of robots.
  • It is mostly used as an alternative of human beings in various works.
  • Robotics mainly deals with the design construction and operation of a robot and the computer systems for their control, feedback and information processing.
  • It is a machine that is programmed to perform the given tasks and gather information from its surroundings.
  • It works from a central microprocessor that helps to control the movements and they have sensors to sense the environment .

Why robotics ?

The main purpose of robotics is to automate operations that humans do and replace them with machines that can do the work with better accuracy. As we know robotics is fully automated, it can process the dangerous and mundane jobs from humans with high productivity.

While a human be able to do a piece of work at some speed we can definitely design a robot to do the same piece of work better, faster, economical and environmentally friendly . Because of its long run it can free humans from dangerous, repetitive and annoying jobs.

Robotics PPT:

Laws of robotics:.

Asimov proposed three laws of robotics, they are:

Law 1:   A robot may not injure a human being or through inaction, allow a human being to come to harm

Law 2: A robot must obey orders given to it by human beings, except where such orders would conflict with the first law

Law 3: A robot must protect its own existence as long as such protection does not conflict with the first law.

Types of robots ?

Robots are used in various sectors. some of the important sectors and the types used there are as follows

powerpoint presentation on robotics

1. Industrial Robots

Various works such as Welding, material Handling, Improving Productivity, Inspection are carried out by robots.

There are various types of industrial robots as below:

  • Articulated
  • Cylindrical

2. Mobile Robots

Robots that move around legs, tracks or wheels. There are types of robots that can even handle radio active material. Types of mobile robots are

  • Land based wheeled, tracked, legged robots
  • Air based robots –plane, Helicopter
  • Water based – Submarines
  • Combinational robots

3. Educational Robots

Robots that are used in education. They are abled to bring schools to students who cannot be able to present Physically.

Types of educational robots are:

  • Dash and dot
  • Mbot    

4. Domestic Robots

There are two types one is to perform household tasks and the other one is modern toy that performs tasks like talking, walking etc .

Components of robots:

Manipulator.

The arm of the robot is called as manipulator. It resemble the human hand. It has several joints and links.

End effectors

End effectors are used by robots to interact with the environment. They vary according to the task given to the robot. It performs the tasks that are performed by palm and fingers of human hand

Sensors are used to gather information from the surroundings. If camera is present Visual representation of the surroundings can be seen. Microphones allows to detect the surrounding sounds. If the robot is equipped with thermometer and barometer temperature and pressure can be found out. These informations are used to guide the robotics behaviour.

Inside the body of a robot small motor is present known as actuators. Robot moves in reaction to feedback from sensors with the help of actuators.

The controller is the brain of a robot. Both the hardware and software are the controllers of the robot. The controller controls the movement of the manipulator and end effector.

Power supply

The main source of power supply for robots are batteries and photovoltaic cells. Lead acid and silver cadmium batteries are mostly preferred. Industrial and manufacturing robots are consuming an average of 21000 kWh annually. In future it may be designed such as a robot may charge by itself when the power is low.

powerpoint presentation on robotics

Components of robots

Advantages of Robotics:

  • No human intervention.
  • Faster, precise and accurate.
  • They can work 24*7 , so productivity increases.
  • They can perform multitasking. So manpower gets reduced.
  • They work in dangerous tasks, the risk of human health and safety is reduced.
  • There is minimal risk if any failure occurs.

Disadvantages of Robotics:

  • There are replacing human beings in many places which leads to widespread unemployment.
  • They are costly to built.
  • There is lack of emotions and conscience.
  • They don’t have on the spot decision making capability, they act only as they programmed. When an unexpected situation arises it would be difficult for a robot to go through it.

Future prospects of robotics:

Many industries have started using robotic technology such as automotive, defence, pharmaceuticals , textiles, atomic energy etc. experts says that a moment may come when robots becomes smarter than humans.

At present robots can rotate base of arm, bend elbow, rotate wrist etc. In future it may look, feel and act like humans. Realistic looking skins and hair can be fitted which allows the robot to react naturally in the environment.

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Procept biorobotics announces 12 scientific research presentations on aquablation therapy for the treatment of benign prostatic hyperplasia at the 2024 aua annual meeting.

Presentations include first published experience report of same-day discharge in an ambulatory surgical center, real-world data outcomes and 5-year data comparison between two FDA trials

SAN JOSE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics ® Corporation (Nasdaq: PRCT), a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, today announced that 12 abstracts highlighting its Aquablation therapy for the treatment of benign prostatic hyperplasia (BPH) will be presented at the American Urological Association (AUA) Annual Meeting in San Antonio, Texas, from May 3 - 6, 2024. PROCEPT BioRobotics is exhibiting at booth #1429 and will be conducting hands-on workshops and surgeon presentations throughout the meeting.

“The growing body of real-world clinical evidence on Aquablation therapy is reflected by the extensive range of presentations being showcased at the AUA,” said Reza Zadno, CEO of PROCEPT BioRobotics. “Aquablation therapy, one of the fastest growing robotics platforms, is the only BPH treatment that offers significant durable symptom relief while preserving sexual function and continence across prostates of all shapes and sizes. The continued momentum and interest in Aquablation therapy are a testament to our unwavering commitment to advancing innovative, safe and effective treatment options for patients.”

Registered attendees can access the full list of Aquablation therapy presentations here. Highlights include:

Friday, May 3, 2024 3:30 – 5:30 pm

MP20-01: WATER vs WATER II 5-Year Update: Comparing Aquablation Therapy for Benign Prostatic Hyperplasia in 30-80 cc and 80-150 cc Prostates Mohamad Baker Berjaoui, MD University of Toronto This study presents the final analysis comparing clinical trial outcomes of Aquablation to TURP for the treatment of lower urinary tract symptoms (LUTS) in small-to-moderate prostates (WATER study: NCT02505919) to those in large prostates (WATER II: NCT03123250) at five-year follow-up.

MP: 20-03: Aquablation Real-World Prostate Size Utilization and Reported Bleeding Events Across 5 Years Dean Elterman, MD, MSc, FRCSC University of Toronto While clinical studies in the past have evaluated Aquablation therapy’s application in glands between 30-150mL, this study sought to evaluate how the technology is used in the real-world setting. 31,944 procedures were evaluated from 2019-2023 in patients across Asia, Europe and North America.

MP20-05: Day Case Aquablation: First Published Experience Report in an Ambulatory Surgical Center (ASC) Kevin C. Zorn, MD, FACS, FRCSC BPH Canada Prostate Surgery Institute The study investigated the feasibility, safety and efficacy of same day discharge (SDD) after Aquablation specifically in an ASC.

Sunday, May 5, 2024 3:30 – 5:30 pm

MP62-03: Aquablation Case Series of 812 Consecutive Men with LUTS due to BPH Shawn Marhamati, MD, MS Potomac Urology Three surgeons at a single center collected data on 812 consecutive men treated with Aquablation therapy. Routine procedural characteristics, adverse events, symptom scores and uroflow were collected.

Additional Activities

Company executives will be at PROCEPT booth #1429 during the AUA Saturday Afternoon Social on Saturday, 4-6 pm, to meet conference attendees.

PROCEPT BioRobotics is also a proud global supporter of the Urological Society for American Veterans (USAV) Forum which is being held on Sunday, May 5, 10 am – 2:30 pm at the Grand Hyatt Hotel in San Antonio. The meeting provides a forum for VA urologists and allied health GU providers to discuss all elements of concern to urological government health care.  

PROCEPT BioRobotics will sponsor additional satellite events during AUA at both the Henry B. Gonzalez Convention Center and off-site, including:

For more information on Aquablation therapy and a full list of PROCEPT BioRobotics AUA activities, please visit www.procept-biorobotics.com/aua2024/ .

About Aquablation Therapy Aquablation therapy is the first and only ultrasound guided, robotic-assisted, heat-free waterjet for the treatment of BPH. The system’s real-time ultrasound imaging provides the surgeon with a multi-dimensional view of the prostate enabling personalized treatment planning tailored to each patient’s unique anatomy. The surgeon can specify which areas of the prostate to remove while preserving the anatomy that controls erectile function, ejaculatory function, and continence. Once the treatment plan is mapped by the surgeon, the predictable robotic-assisted execution enables prostate tissue to be removed in a precise, targeted, and controlled fashion.

About PROCEPT BioRobotics Corporation PROCEPT BioRobotics is a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. PROCEPT BioRobotics develops, manufactures and sells the AquaBeam Robotic System, an advanced, image-guided, surgical robotic system for use in minimally invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia, or BPH. BPH is the most common prostate disease and impacts approximately 40 million men in the United States. PROCEPT BioRobotics designed Aquablation therapy to deliver effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, or LUTS, due to BPH that are independent of prostate size and shape or surgeon experience. The Company has developed a significant and growing body of clinical evidence, which includes over 150 peer-reviewed publications, supporting the benefits and clinical advantages of Aquablation therapy.

Forward-Looking Statements This release contains forward-looking statements within the meaning of federal securities laws, including with respect to the Company’s projected financial performance for full year 2024, statements regarding the potential utilities, values, benefits and advantages of Aquablation ® therapy performed using PROCEPT BioRobotics’ products, including AquaBeam ® Robotic System, which involve risks and uncertainties that could cause the actual results to differ materially from the anticipated results and expectations expressed in these forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are only predictions based on our current expectations, estimates, and assumptions, valid only as of the date they are made, and subject to risks and uncertainties, some of which we are not currently aware. Forward-looking statements may include statements regarding financial guidance, market opportunity and penetration, the Company’s possible or assumed future results of operations, including descriptions of the Company’s revenues, gross margin, profitability, operating expenses, installed base growth, commercial momentum, reimbursement coverage, overall business strategy, or information regarding the impact of other global events on the Company and its operations. Forward-looking statements should not be read as a guarantee of future performance or results and may not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward-looking statements are based on the Company’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including the Company’s annual report on Form 10-K expected to be filed with the SEC on or about February 28, 2024. PROCEPT BioRobotics does not undertake any obligation to update forward-looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein. These forward-looking statements should not be relied upon as representing PROCEPT BioRobotics’ views as of any date subsequent to the date of this press release.

Important Safety Information All surgical treatments have inherent and associated side effects. For a list of potential side effects visit https://aquablation.com/safety-information/ Media Contact: Lauren Cohen Senior Director, Integrated Marketing Communications [email protected]

Investor Contact: Matt Bacso VP, Investor Relations and Business Operations [email protected]

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AI Stocks: 9 Biggest Companies in 2024

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April 22, 2024 — 04:30 pm EDT

Written by Melissa Pistilli for Investing News Network  ->

Artificial intelligence (AI) may be an emerging technology, but there are plenty of billion-dollar companies in this space.

As the market has grown over the past few years, AI technology has made strong inroads into several key industries, including logistics, manufacturing, finance, healthcare, customer service and cybersecurity.

While AI-driven advancements in robotics have received the most press in recent years, the latest buzz has centered around OpenAI’s ChatGPT . This intelligent chatbot shows how quickly generative AI is advancing, and has attracted the attention of heavyweight technology companies such as Microsoft (NASDAQ: MSFT ), which has reportedly invested billions of dollars in the privately held OpenAI. Alphabet (NASDAQ: GOOGL ) has also released its own AI chat tool, Google Gemini.

On a global scale, Fortune Business Insights predicts that the AI industry will experience a compound annual growth rate of 20.2 percent between 2024 and 2032 to reach a market value of more than US$2.74 trillion.

Here the Investing News Network profiles some of the biggest AI stocks by market cap on US, Canadian and Australian stock exchanges. Data was gathered on April 12, 2024, using TradingView’s stock screener .

American AI stocks

According to Tracxn Technologies, the number of US AI companies has more than doubled since 2017 with over 70,700 companies working in the sector today.

One of the major factors fueling growth in the American AI market, states Statista , is “the growing investments and partnerships among technology companies, research institutions, and governments".

Below are three of the top US AI stocks.

1. Microsoft (NASDAQ:MSFT)

Market cap: US$3.134 trillion; share price: US$421.74

In addition to the reported billions Microsoft is committed to investing in OpenAI, the technology behemoth has built its own AI solutions based on the chatbot creator’s technology: Bing AI and Copilot . OpenAI officially licensed its technologies to Microsoft in 2020.

An update to Windows 11 in 2023 integrated Bing into the operating system's search bar, allowing users to interact with the chatbot directly with Microsoft's Edge browser, Chrome and Safari.

Microsoft’s moves into generative AI have translated into higher revenues for its Azure cloud computing business, and a higher market capitalization as the tech giant pushed past the US$3 trillion mark in January 2024. The company is also expected to unveil its first AI PC this year.

2. NVIDIA (NASDAQ:NVDA)

Market cap: US$2.215 trillion; share price: US$866.11

The global leader in graphics processing unit (GPU) technology, NVIDIA is designing specialized chips used to train AI and machine learning models for laptops, workstations, mobile devices, notebooks, and PCs. The company is partnering with a number of big name tech firms to bring a number of key AI products to market.

Through its partnership with Dell Technologies (NYSE: DELL ), NVIDIA is developing AI applications for enterprises, such as language-based services, speech recognition and cybersecurity. The chip maker has been instrumental in the build out of Meta Platforms’ (NASDAQ: META ) AI supercomputer called the Research SuperCluster, which reportedly uses a total of 16,000 of NVIDIA's GPUs.

Most recently, NVIDIA and the Taiwan Semiconductor Manufacturing Company (NYSE: TSM ) have developed the world's first multi-die chip specifically designed for AI applications: the Blackwell GPU . Blackwell’s architecture allows for the increased processing power needed to train larger and more complex AI models.

NVIDIA’s AI ambitions were on full display at its GPU Technology Conference in March where CEO Jensen Huang presented his company’s plans to build humanoid robots , known as Project GR00T. “Building foundation models for general humanoid robots is one of the most exciting problems to solve in AI today,” stated Huang in his keynote presentation.

3. Alphabet (NASDAQ:GOOGL)

Market cap: US$1.967 trillion; share price: US$158.92

Alphabet holds court with both Microsoft and NVIDIA as part of the tech sector’s Magnificent 7 , and its foray into AI has also brought the tech giant much success. As of April 12, Alphabet’s market cap looks set to surpass the US$2 trillion mark .

It would seem investors still remain confident in the potential for growth in Alphabet’s AI ventures despite its hiccups in the rollout of its subsidiary Google’s AI chatbot Gemini, formerly called Bard. “While the headlines haven’t been favorable, Google’s role in generative AI products will present massive growth opportunities for the stock,” said Sylvia Jablonski , chief executive officer at Defiance ETFs.

In early April, Google introduced a custom AI chip designed for its cloud services customers. Set to be delivered later this year, the technology uses British semiconductor company Arm Holding's (NASDAQ: ARM ) AI architecture. In the same week, Google revealed its new A3 Mega AI processor based on NVIDIA’s H100 Technology.

Canadian AI stocks

Recognized as a world-leading AI research hub, Canada ranks fifth out of 54 countries in the Global AI Index . Since 2017, the Canadian government has invested hundreds of millions of dollars into accelerating the research and commercialization of AI technology in the country through the Pan-Canadian Artificial Intelligence Strategy .

Recent research by IBM (NYSE: IBM ) says Canadian businesses are increasingly adopting AI, with 37 percent of IT professionals in large enterprises reporting that they have deployed the technology in their operations.

Below are three of the top Canadian AI stocks.

1. CGI (TSX:GIB.A)

Market cap: US$33.238 billion; share price: US$143.45

Montreal-based CGI is among the world’s largest IT systems integration companies, and offers a wide range of services, from cloud migration and digital transformation to data analysis, fraud detection, and even supply chain optimization. Its more than 700 clients span the retail, wholesale, consumer packaged goods and consumer services sectors worldwide.

Through a partnership with Google, CGI is leveraging the Google Cloud Platform to strengthen the capabilities of its CGI PulseAI™ solution, which can be integrated with existing applications and workflows.

CGI is aggressively working to expand its generative AI capabilities and client offerings, and reportedly is planning to invest US$1 billion into its AI offerings. In early March, the company launched Elements360 ARC-IBA , an AI powered platform for brokers and insurers to settle accounts in the UK broking industry.

2. OpenText (TSX:OTEX)

Market cap: C$13.366 billion; share price: C$48.58

Ontario-based OpenText is one of Canada’s largest software companies. The tech firm develops and sells enterprise information management software. Its portfolio includes hundreds of products in the areas of enterprise content management, digital process automation and security, plus AI and analytics tools. OpenText serves small businesses, large enterprises and governments alike.

OpenText's AI & Analytics platform has an open architecture that enables integration with other AI services, including Google Cloud and Azure. It can leverage all types of data, including structured or unstructured data, big data and the internet of things (IoT) to quickly create interactive visuals.

In January, OpenText launched its Cloud Editions 24.1, which includes enhancements to its OpenText Aviator portfolio. "Leveraging AI for impactful results depends on reliable data – without it, even the most skilled data scientists will struggle,” stated OpenText CEO and CTO tMark J. Barrenechea. “By expanding the Aviator portfolio in conjunction with our world class information management platform, Cloud Editions 24.1 empowers customers with the tools and insights needed to get ahead."

3. Descartes Systems Group (TSX:DSG)

Market cap: C$8.9 billion; share price: C$104

Descartes Systems Group provides on-demand software-as-a-service (SaaS) solutions. The multinational technology company specializes in logistics software, supply chain management software and cloud-based services for logistics businesses.

AI and ML enhancements to Descartes’ routing, mobile and telematics suite are helping the company’s customers optimize fleet performance. “AI and ML are perfect extensions to our advanced route optimization and execution capabilities,” said Ken Wood, executive vice president at Descartes. “From dynamic delivery appointment scheduling through planning and real-time route execution, we’ve used AI and ML to improve our ability to deliver the next level of fleet performance for customers.”

Australian AI stocks

AI investment in Australia is expected to reach AU$5.7 billion in 2026 , according to research firm IDC. The biggest spenders when it comes to AI in Australia are the banking industry, the federal government, professional services and retail.

Below are three of the top Australian AI stocks.

1. Xero (ASX:XRO)

Market cap: AU$18.451 billion; share price: AU$121.96

New Zealand-based technology company Xero provides cloud-based accounting software for small and medium-sized businesses. The company’s product portfolio also includes the Xero Accounting app, Xero HQ, Xero Ledger, Xero Workpapers and Xero tax tools.

Xero has made a number of AI enhancements to its platform in recent years, including bank reconciliation predictions that save time and reduce errors, and Analytics Plus, a suite of AI-powered planning and forecasting tools.

In March, the company launched its Gen AI assistant, named ‘Just Ask Xero’ or JAX. Some of its features include the automation or streamlining of repetitive and time-consuming tasks; the ability to anticipate tasks based on previous user actions and the ability to make cashflow projections on request.

2. TechnologyOne (ASX:TNE)

Market cap: AU$5.213 billion; share price: AU$16.23

TechnologyOne is another large enterprise technology software firm in Australia. In fact, it is the country’s largest enterprise resource planning SaaS company. TechnologyOne has a client base of over 1,200, including customers in the government, education, health and financial services sectors across Australia, New Zealand and the UK. The company’s research and development center is targeting cloud-based technology, AI and ML.

TechnologyOne recently announced its 2023 financial results , highlighting that it saw record profits for the 14th year. The company’s SaaS annual recurring revenue was up 22 percent and its after-tax profit was up 16 percent. TechnologyOne attributes the strong results to robust demand for the company’s global SaaS enterprise resource planning solution. TechOne attributed its success to the large number of major deals it completed in the government sector over the period.

3. Brainchip Holdings (ASX:BRN)

Market cap: AU$647.603 million; share price: AU$0.345

Global technology company BrainChip Holdings has developed and commercialized a type of edge AI that simulates the functionality of the human neuron. The company's neuromorphic processor, Akida, enables the deployment of edge computing across several applications, including connected cars, consumer electronics and industrial IoT.

BrainChip partnered with AI-based video analytics solutions provider CVEDIA in May 2023 to further develop edge AI and neuromorphic computing. The CVEDIA-RT platform for video analytics will be integrated with BrainChip’s Akida neuromorphic IP. The technology has applications in security and surveillance, transportation, information technology services and retail.

The company has also partnered with MYWAI , a leader artificial intelligence-of-things (AIoT) solution provider. They will leverage BrainChip’s Akida™, with MYWAI’s AIoT Platform for equipment-as-a-service. “The partnership is expected to accelerate the adoption of Edge AI in the industrial and robotic sectors and generate significant value for both companies and their customers,” stated the press release.

FAQs for AI stocks

​which company is leading the ai race.

Google and Microsoft are battling it out for king of the AI hill. While a study from digital marketing firm Critical Mass shows that consumers believe Alphabet’s Google is leading the AI race, analysts are pointing to Microsoft as the clear frontrunner. Microsoft stands to benefit in a big way from its billions of dollars investment in OpenAI's ChatGPT as advancements in generative AI may have the potential to increase the company's revenues for its Azure cloud computing business.

​Which country is doing best in AI?

North America is the global hotspot for advancements in AI technology and is home to the majority of the world’s largest AI providers. Of the countries in this region, Canada’s AI industry is showing the fastest growth, according to a report by Markets and Markets . Swiss-based CRM firm InvestGlass positions the US as the primary hub for AI development, and many of the world’s leading tech giants are headquartered there. According to the firm, China comes in a close second.

​What is Elon Musk's AI company?

In November 2023, Elon Musk launched Grok , a new AI technology company based in Nevada. While not much is known about the company yet, Musk said he is starting it as a "third option" to ChatGPT and Google Gemini; its product will be named TruthGPT.

​Does Tesla have its own AI?

Tesla (NASDAQ: TSLA ) has developed proprietary AI chips and neural network architecture. The company’s autonomous vehicle AI system gathers visual data in real time from eight cameras to produce a 3D output that helps to identify the presence and motion of obstacles, lanes and traffic lights. The AI-driven models also help autonomous vehicles make quick decisions. In addition to developing autonomous vehicles, Tesla is working on bi-pedal robotics.

Don't forget to follow us @INN_Technology for real-time news updates!

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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PROCEPT BioRobotics Announces 12 Scientific Research Presentations on Aquablation Therapy for the Treatment of Benign Prostatic Hyperplasia at the 2024 AUA Annual Meeting

PROCEPT BioRobotics Announces 12 Scientific Research Presentations on Aquablation Therapy for the Treatment of Benign Prostatic Hyperplasia at the 2024 AUA Annual Meeting

Presentations include first published experience report of same-day discharge in an ambulatory surgical center, real-world data outcomes and 5-year data comparison between two FDA trials

SAN JOSE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics ® Corporation ( Nasdaq : PRCT), a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, today announced that 12 abstracts highlighting its Aquablation therapy for the treatment of benign prostatic hyperplasia (BPH) will be presented at the American Urological Association (AUA) Annual Meeting in San Antonio, Texas, from May 3 - 6, 2024. PROCEPT BioRobotics is exhibiting at booth #1429 and will be conducting hands-on workshops and surgeon presentations throughout the meeting.

The growing body of real-world clinical evidence on Aquablation therapy is reflected by the extensive range of presentations being showcased at the AUA, said Reza Zadno, CEO of PROCEPT BioRobotics. Aquablation therapy, one of the fastest growing robotics platforms, is the only BPH treatment that offers significant durable symptom relief while preserving sexual function and continence across prostates of all shapes and sizes. The continued momentum and interest in Aquablation therapy are a testament to our unwavering commitment to advancing innovative, safe and effective treatment options for patients.

Registered attendees can access the full list of Aquablation therapy presentations here. Highlights include:

Friday, May 3, 2024 3:30 “ 5:30 pm

  • MP20-01: WATER vs WATER II 5-Year Update: Comparing Aquablation Therapy for Benign Prostatic Hyperplasia in 30-80 cc and 80-150 cc Prostates Mohamad Baker Berjaoui, MD University of Toronto This study presents the final analysis comparing clinical trial outcomes of Aquablation to TURP for the treatment of lower urinary tract symptoms (LUTS) in small-to-moderate prostates (WATER study: NCT02505919) to those in large prostates (WATER II: NCT03123250) at five-year follow-up.
  • MP: 20-03: Aquablation Real-World Prostate Size Utilization and Reported Bleeding Events Across 5 Years Dean Elterman, MD, MSc, FRCSC University of Toronto While clinical studies in the past have evaluated Aquablation therapy's application in glands between 30-150mL, this study sought to evaluate how the technology is used in the real-world setting. 31,944 procedures were evaluated from 2019-2023 in patients across Asia, Europe and North America.
  • MP20-05: Day Case Aquablation: First Published Experience Report in an Ambulatory Surgical Center (ASC) Kevin C. Zorn, MD, FACS, FRCSC BPH Canada Prostate Surgery Institute The study investigated the feasibility, safety and efficacy of same day discharge (SDD) after Aquablation specifically in an ASC.

Sunday, May 5, 2024 3:30 “ 5:30 pm

  • MP62-03: Aquablation Case Series of 812 Consecutive Men with LUTS due to BPH Shawn Marhamati, MD, MS Potomac Urology Three surgeons at a single center collected data on 812 consecutive men treated with Aquablation therapy. Routine procedural characteristics, adverse events, symptom scores and uroflow were collected.

Additional Activities

Company executives will be at PROCEPT booth #1429 during the AUA Saturday Afternoon Social on Saturday, 4-6 pm, to meet conference attendees.

PROCEPT BioRobotics is also a proud global supporter of the Urological Society for American Veterans (USAV) Forum which is being held on Sunday, May 5, 10 am “ 2:30 pm at the Grand Hyatt Hotel in San Antonio. The meeting provides a forum for VA urologists and allied health GU providers to discuss all elements of concern to urological government health care.  

PROCEPT BioRobotics will sponsor additional satellite events during AUA at both the Henry B. Gonzalez Convention Center and off-site, including:

For more information on Aquablation therapy and a full list of PROCEPT BioRobotics AUA activities, please visit www.procept-biorobotics.com/aua2024/.

About Aquablation Therapy Aquablation therapy is the first and only ultrasound guided, robotic-assisted, heat-free waterjet for the treatment of BPH. The system's real-time ultrasound imaging provides the surgeon with a multi-dimensional view of the prostate enabling personalized treatment planning tailored to each patient's unique anatomy. The surgeon can specify which areas of the prostate to remove while preserving the anatomy that controls erectile function, ejaculatory function, and continence. Once the treatment plan is mapped by the surgeon, the predictable robotic-assisted execution enables prostate tissue to be removed in a precise, targeted, and controlled fashion.

About PROCEPT BioRobotics Corporation PROCEPT BioRobotics is a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. PROCEPT BioRobotics develops, manufactures and sells the AquaBeam Robotic System, an advanced, image-guided, surgical robotic system for use in minimally invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia, or BPH. BPH is the most common prostate disease and impacts approximately 40 million men in the United States. PROCEPT BioRobotics designed Aquablation therapy to deliver effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, or LUTS, due to BPH that are independent of prostate size and shape or surgeon experience. The Company has developed a significant and growing body of clinical evidence, which includes over 150 peer-reviewed publications, supporting the benefits and clinical advantages of Aquablation therapy.

Forward-Looking Statements This release contains forward-looking statements within the meaning of federal securities laws, including with respect to the Company's projected financial performance for full year 2024, statements regarding the potential utilities, values, benefits and advantages of Aquablation ® therapy performed using PROCEPT BioRobotics' products, including AquaBeam ® Robotic System, which involve risks and uncertainties that could cause the actual results to differ materially from the anticipated results and expectations expressed in these forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are only predictions based on our current expectations, estimates, and assumptions, valid only as of the date they are made, and subject to risks and uncertainties, some of which we are not currently aware. Forward-looking statements may include statements regarding financial guidance, market opportunity and penetration, the Company's possible or assumed future results of operations, including descriptions of the Company's revenues, gross margin, profitability, operating expenses, installed base growth, commercial momentum, reimbursement coverage, overall business strategy, or information regarding the impact of other global events on the Company and its operations. Forward-looking statements should not be read as a guarantee of future performance or results and may not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward-looking statements are based on the Company's current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These risks and uncertainties are described more fully in the section titled Risk Factors in the Company's filings with the Securities and Exchange Commission (the SEC), including the Company's annual report on Form 10-K expected to be filed with the SEC on or about February 28, 2024. PROCEPT BioRobotics does not undertake any obligation to update forward-looking statements and expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein. These forward-looking statements should not be relied upon as representing PROCEPT BioRobotics' views as of any date subsequent to the date of this press release.

Important Safety Information All surgical treatments have inherent and associated side effects. For a list of potential side effects visit https://aquablation.com/safety-information/ Media Contact: Lauren Cohen Senior Director, Integrated Marketing Communications [email protected]

Investor Contact: Matt Bacso VP, Investor Relations and Business Operations [email protected]

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