The software developer Luxoft is teaming up with Softbank Robotics America to bring its humanoid robot Pepper to life.
"This is about making robots accessible to the market," said Sam Mantle, the managing director of digital enterprise at Luxoft. He said the technology could be used by a number of different industries, including travel, retail and hospitality.
Pepper, standing about three feet tall, uses data collected by the entire population of Peppers and the cloud, allowing each of the robots to share and growing aggregate intelligence. This enables each Pepper to improve the customer experience, said Mantle.
He added that the technology behind humanoid artificial intelligence is still so new that developers are just beginning to explore how it can help businesses.
"There's always the 'watch out,' there's always the incidences where we can be manipulated, but I think that those sometimes overshadow the real benefits that these types of solutions can bring," he said.
For the full interview, [click here](https://cheddar.com/videos/would-you-like-pepper-with-that).
Nestle is reportedly investing $100 million in food delivery startup Wonder Group.
Arturo Béjar testified before a Senate subcommittee on Tuesday about social media and the teen mental health crisis, hoping to shed light on how Meta executives, including Zuckerberg, knew about the harms Instagram was causing but chose not to make meaningful changes to address them.
Nike is suing two of its competitors for alleged patent infringement.
Uber missed analysts' projections for earnings per share and revenue this past quarter. Cheddar News takes a closer look at the numbers and explains what to expect for the rest of the fiscal year.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
WeWork officially has filed for bankruptcy.
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director of military lending with UMortgage, explains how a VA loan works, its benefits and what's involved in the process of purchasing a home.
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
