Here’s a fascinating story reported in the Jerusalem Post. It reports that Intuition Robotics, known for developing the Elli•Q aging companion, announced on Tuesday that the company received a $14 million investment in a Series-A financing round – this included Toyota Research Institute.
Source: Israeli robotics company receives funding from Toyota Research Institute – Business & Innovation – Jerusalem Post
Here’s another example of the success of Israel’s high technology industry. Many of the legendary success stories of Israeli innovators received their early training in the Israeli military.
With the rapidly aging population in many Western countries and social care costs blighted by austerity, like in the UK, increased deployment of robotics seems like a gift from heaven.
But today’s US media speculates that Jeremy Corbyn will turn to Russia if he becomes UK prime minister in the Autumn. Also there’s the issue of the shadowy Far Left supporters of Jeremy Corbyn’s Labour Party being passionately pro-Palastinian and anti-Israel, with regular stories of antisemitism in Corbyn’s Labour Party.
It’s a shame, with the UK economy’s massive economic contraction after a hard-Brexit, help in managing the emerging crisis of the UK’s aging population will be desperately needed.