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Toyota announces $1.4bn investment in new artificial intelligence R&D company

Japanese car maker Toyota has announced a A$1.4 billion investment in a new company that will hire leading researchers and engineers to help bridge...

Stratasys shakes up business – sends Bold Machines division to MakerBot Founder

Stratasys has spun off its product-development workshop Bold Machines. Now, the unit is an independent entity that will be run by founder and CEO...

KINTEX to host “Inside 3D Printing Conference and Expo” in Seoul

MecklerMedia announced that it will launch the “Inside 3D Printing Conference & Expo” – Asia's largest 3D Printing Tradeshow – at the Korea International...

BNP Paribas Securities Services chooses Dassault Systèmes’ 3DEXPERIENCE platform and ‘Innovation Factory’

BNP Paribas Securities Services — one of the largest banks in the world — has adopted Dassault Systèmes’ 3DEXPERIENCE platform and “Innovation Factory” for its teams to...

Siemens explores how to achieve maximum resource efficiency

One of the toughest challenges every company faces is finding a way to create more output with less input. To achieve maximum resource efficiency,...

Toyota annual report shows company spends $1 million an hour on product development activities

Toyota spends a little over $1 million an hour on research and development, based on figures from the company’s latest annual report. Toyota Motor Corporation...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.