The recycling industry is seeing a boom in demand for paper products at the same time that the coronavirus pandemic has made it critical for workers to maintain social distance. Now some cities and municipalities are debating whether recycling should be considered an essential service amid the outbreak.
This presents an opportunity for robotics to help fill in the gaps left — literally — between human workers, Matanya Horowitz, founder AMP Robotics, told Cheddar.
"It gives the facilities different options for what they want to automate and what they want to keep manual," Horowitz said. "What a lot of facilities are doing right now is they are using robots to basically space out their workers."
Recycling plants are not easily adapted to meet social distancing guidelines, due to the highly manual nature of sorting and cleaning recycled materials.
"They have to worry a lot about worker safety in these facilities," Horowitz said. "The way a lot of these facilities are designed, a lot of the workers work pretty closely together, so social distancing isn't always easy to maintain."
AMP Robotics is making the case that robots can fill in the space between human workers who are tasked with weeding out trash from recycling materials. The robots use artificial intelligence to determine which products can be recycled and which should head to the landfill.
"There is a huge demand for all this recycled cardboard and paper and newspaper in the industry, essentially to supply things like toilet paper and new boxes due to everyone staying home and ordering all these things online," Horowitz said.
"Anywhere else that there may be an elevated risk to the sorters, we could potentially deploy a robot," he added.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.
