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ROBO Weekly Wrap Up - Oct. 31-Nov. 6

In a world where futuristic developments roll out on the regular, ROBO Global takes the time to find the need to know robotics news - so you don't have to. Here are the highlights from the week of October 31-November 6, 2015 in the world of robotics and automation:

MUST SEE VIDEO OF THE WEEK: This MIT self-flying drone can fly at speeds up to 30 mph while avoiding and sensing obstacles. The autonomous technology has the potential to bring drone capabilities to new heights. Through the use of an obstacle-detecting system, the UAV can sense and avoid dangerous run-ins preventing mishaps in the future.

HOSPITAL HELPERS: Telepresence robots are now enabling cancer patients to leave the hospital without threatening their treatment plan. For those undergoing chemotherapy, it can sometimes be dangerous, if not impossible, to leave the safety of a sanitary hospital. The robots are now being used at one New York hospital to allow children with cancer to actively participate in school, go on field trips, and chat with friends. The technology is similar to Skype on wheels.

ALPHABET AND AI: According to a recent report by Merrill Lynch on automation, $70 billion is projected to be invested in AI companies by 2020. Apple and Alphabet are two companies that are driving this movement forward, namely to use artificial intelligence technology in self-driving cars. We can expect to see an increase in AI applications across a plethora of fields and technologies as research continues to develop and strengthen thanks to growth of investments.

GOOGLE GOES FORWARD: Google has set their eyes on drone delivery. The company announced plans to begin drone package delivery by 2017. This is an interesting bet seeing as the FAA has not and will not be releasing permanent drone regulations to the public until next year. It is uncertain which direction and how lenient the administration will be as drone use continues to gain traction. "Our goal is to have commercial business up and running in 2017," said David Vos, the project lead for Google's Project Wing.

SOFTBANK SELLS OUT: Softbank has done it again! Another batch of the company’s popular Pepper robot hit markets in Japan, selling out in one minute. This proves that the demand and success of the robots is still as strong as ever. Pepper is a personal assistant robot and can be used in a variety of applications. The bots sell for just over $1,600 and the next batch is set to go on sale Nov. 28. Ready, set, prepare!

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