• NanoBits
  • Posts
  • AI in Manufacturing 🦾 Making Factories Smarter 🏭 Safer 🦺 with Desi Power 🇮🇳

AI in Manufacturing 🦾 Making Factories Smarter 🏭 Safer 🦺 with Desi Power 🇮🇳

AI in Manufacturing

EDITOR’S NOTE

Dear Reader, recently, Nvidia CEO Jensen Huang said future humanoid robots may cost $10,000 - $20,000, the same as the cost of a car!

The global AI in manufacturing market size is projected to reach USD 9.89 Billion by 2027, exhibiting a CAGR of 24.2% during the forecast period1 Rising demand from manufacturing industries such as automotive, semiconductors, pharma, and medical devices, among others will significantly contribute towards this growth.

Today, we will explore the impact of AI on manufacturing.

Image Credits: Cartoon Stock

In Today’s Newsletter:

  • Server It Up! India Cooks Up Homegrown AI Servers with PLI Spice

  • Hyundai's TN Factory Gets a Superpower Makeover with AI, Robots & VR!

  • Leucine's $7M Shot: Injecting AI to Cure Pharma's Manufacturing Fever

  • AI in Factory: Revving Up Robots and Chips for a Smarter Tomorrow!

  • Latest AI Job Opportunities in India

  • Latest AI News from Around the World

TOP NEWS
Import to "Made in India": Servers with Desi Power!

Image Credits: Analytics India Magazine

India has started the local manufacturing of AI servers under the government’s PLI scheme. Domestic companies are leading the charge, with Mega Networks setting up an AI server factory in Maharashtra.

Why is it relevant?
Boosting local server production addresses India's increasing AI demands and reduces reliance on imports. This move supports digital infrastructure growth, creates jobs, and strengthens the domestic tech industry Read More

TOP NEWS
Hyundai's Plant Shifts Gears to Smart Manufacturing

Image Credits: Business Standard

Hyundai's TN plant integrates AI, ML, and VR into its operations, transforming into an advanced manufacturing hub and marking a Rs. 26,000 crore investment in its 26th year. 

Why is it relevant?
This technological shift at Hyundai's plant not only optimizes production efficiency and quality but also sets a benchmark for future industry standards in intelligent manufacturing and sustainability. Read More

TOP NEWS
Leucine's $7M AI Makeover for Safer Medicine Manufacturing

Image Credits: World Pharma Today

Leucine, an AI-driven SaaS platform for pharmaceutical manufacturing, has raised $7 million in Series A funding to enhance AI tech and expand its global presence. 

Why is it relevant?
In today’s age of demanding rapid and reliable pharmaceutical production, Leucine's AI integration promises enhanced safety and efficiency, revolutionizing traditional, paper-based compliance methods Read More

NANOBITS RESEARCH
AI Overhaul: Smartening Up Factories - Chips to Cheetos

AI is revamping the face of manufacturing by enhancing process efficiency, accuracy, and productivity, with applications in predictive maintenance, quality control, and more, making it crucial for competitive industry modernization.

In this segment, we explore how AI impacts manufacturing:

  1. ASUS AICS uses Microsoft AI solutions to spot safety hazards in factories, preventing accidents, informing future worker training, and creating a safer work environment. Read More

  2. Honda and Nissan form a strategic alliance to develop AI and manufacture EVs, aiming to compete with Tesla and Xpeng amid market shifts. Read More

  3. PepsiCo leverages Microsoft AI and sensors in Cheetos production to enhance efficiency and ensure consistent quality, with systems that autonomously adjust settings or alert operators. Read More

  4. India invests $15.2 billion to build 3 chip factories, aiming to become a global semiconductor hub and boost domestic AI development. This creates 80,000 jobs and positions India as a key player in the global AI hardware supply chain. Read More

  5. GreyOrange and Hai Robotics enhance their partnership, boosting warehouse automation with AI-driven robotic systems (including cobots) that increase throughput, storage density, and adaptability, accelerating global customer operations. Read More

  6. KonnectAi partners with Google Cloud to launch an AI-powered quality inspection platform for manufacturers, enhancing efficiency, quality standards, and scalability without needing complex technology integration. Read More

A survey by Augury shows that 63% of 500 firms plan to increase AI spending in manufacturing, with the market expected to hit $20.8 billion by 2028. Efficient AI integration saves costs and enhances resource allocation across three critical pillars: problem, people, and process. To ensure the development of these pillars define the problem, form expert teams, assess data quality, choose an AI model approach, and fine-tune for ethical, scalable deployment.

I Like It Tidy

Image Credits: Unsplash

AI JOB OPPORTUNITIES

Click here to browse more AI jobs in India

LATEST NEWS IN AI

Microsoft introduces Phi-3 Mini, its latest small AI model, trained on simpler data sets and available on Azure, Hugging Face, and Ollama, targeting affordable and efficient personal device performance

Perplexity, an AI search startup, seeks over $250M funding at $2.5B-$3B valuation; recent rapid valuation hikes and product advancements drive investor interest

Netflix's 'Atlas' trailer reveals Jennifer Lopez chasing an AI, played by Simu Liu; sci-fi action features Lopez in a battle against rogue robots, premiering May 24

T-Hub incubated MATH aims to create 500 AI-related jobs by 2025 in India and support over 150 startups annually, fostering AI innovation

Amazon's AWS introduces Custom Model Import, allowing companies to host and fine-tune their generative AI models within its enterprise-focused Bedrock suite

Love Nanobits? Tell your friends!

Share this link with your friends and request them to subscribe to our newsletter.

Check out our website to get the latest updates in AI.

Reply

or to participate.