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JD.com (JD) Founder Says Company Will Retrain Couriers for Robot Shift
JD.com (JD) Founder Says Company Will Retrain Couriers for Robot Shift Jeff Lewis Sun, July 5, 2026 at 4:35 AM PDT 1 min read 9618.HK CEC.DE JD JD.com, Inc. (NASDAQ:JD) is one of the 9 Most Oversold Strong Buy-Rated Stocks to Invest In Now. On June 23, 2026, JD.com, Inc. (NASDAQ:JD) founder and chair Richard Liu warned that 700,000 delivery workers will be replaced by robots "sooner or later," Joe Leahy of The Financial Times reported. Liu said JD.com signed contracts with 120 schools to retrain couriers for other work, including repairing and maintaining robots. Liu said there will be a day when couriers are "basically no longer needed," but added that he does not want the company's 700,000 workers to lose jobs or meals. Late in May, Brussels was set to launch an in-depth foreign subsidies investigation into JD.com, Inc. (NASDAQ:JD)'s bid for German electronics retailer Ceconomy, Financial Times' Barbara Moens and Florian Muller reported. The expected probe would be the first time a Chinese takeover became the target of a detailed investigation under the EU's foreign subsidies rules, according to people familiar with the matter. Is Cloudflare (NET) the Best High Growth Cybersecurity Stock to Buy Now? Image by drobotdean on Freepik JD.com, Inc. (NASDAQ:JD) operates as a supply chain-based technology and service provider in the People's Republic of China and Europe. While we acknowledge the potential of JD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News. View Comments Terms and Privacy Policy Your Privacy Choices CA Privacy Notice More Info
GE Vernova Acquires Robotech Automation to Accelerate Robotics and Automation Capabilities
GE Vernova Inc. has announced its acquisition of Canada-based Robotech Automation, a specialized robotics and automation systems integrator, in a move aimed at enhancing its robotics and automation capabilities. The deal, which was revealed on May 21, is expected to close in the third quarter of 2026, although financial details were not disclosed. This acquisition comes as GE Vernova seeks to bolster its operational efficiency and competitive edge in the energy sector, where it provides a range of products and services related to electricity generation and management across multiple regions, including the U.S., Europe, and Asia. Robotech Automation, which currently employs around 35 people, has been collaborating with GE Vernova on various projects, particularly within the company's supply chain at its factories in New York and Pennsylvania. Scott Strazik, CEO of GE Vernova, emphasized that the acquisition will bring in specialized talent and proprietary systems that are crucial for advancing the company's robotics initiatives. This strategic step aligns with GE Vernova's commitment to enhancing its operational capabilities and establishing a leading robotics deployment capability at its Advanced Research Center. The announcement follows a strong performance by GE Vernova, which recently reported record profits and revenue, contributing to an increased backlog of $13 billion. The company has also raised its revenue and free cash flow guidance for the full year 2026, reflecting its robust growth trajectory.
Onward Robotics Showcases Innovative Fulfillment Orchestration Platform With Live Demonstrations at MODEX 2026
Onward Robotics, a leader in intelligent fulfillment automation, is showcasing its innovative Pyxis Suite™ Fulfillment Orchestration Platform and Lumabot® autonomous mobile robots (AMRs) at MODEX 2026, the largest supply chain trade show. The event, taking place on April 14, 2026, invites attendees to witness live demonstrations that highlight how Onward's software-driven Meet Me® automation solution enhances fulfillment efficiency and accuracy across warehousing, logistics, distribution, and manufacturing sectors. At Booth #B14357, visitors can engage with the Pyxis-powered fulfillment system, interact with Lumabot's intuitive put-to-light technology, and test the user-friendly Pyxis Point™ wearable devices. The demonstrations will showcase how Pyxis Conductor™ directs operations in real time, transforming traditional fulfillment processes into agile and efficient systems. CEO Lance VandenBrook emphasized that the future of fulfillment lies not in adding more automation but in creating a cohesive system that integrates people, robots, and workflows seamlessly. The Lumabot AMR, guided by Pyxis Conductor, represents the latest advancements in technology, offering enhanced speed and agility in dynamic environments. As demand grows for flexible, software-driven fulfillment models, Onward Robotics is positioned to lead the shift from fragmented automation to a unified platform. Attendees are encouraged to visit the booth to explore how the Pyxis Suite can be customized to meet their operational needs. For more details, interested parties can visit onwardrobotics.com/modex26.
Nokia cuts 2,000 jobs in China for cost-saving: report
Nokia has initiated significant layoffs, affecting approximately 2,000 employees, which accounts for 20% of its workforce in China. Additionally, the company plans to eliminate another 350 positions across Europe as part of its cost-reduction strategy. A spokesperson for Nokia confirmed the layoffs in Europe but did not provide details regarding the job cuts in China. As of December 2023, Nokia employed around 10,400 individuals in China, highlighting the scale of the recent reductions aimed at streamlining operations amid challenging market conditions.
MIT Develops Innovative 'Fiber Muscles' for Robots to Imitate Natural Muscle Movement
Researchers from MIT Media Lab and Bari Polytechnic University have unveiled a groundbreaking technology in soft robotics, detailed in the journal Science Robotics. They have developed 'fiber muscles' that operate silently and efficiently, eliminating the need for external pumps and bulky components traditionally used in robotic joints. This innovation is significant as it addresses the limitations of current robotic systems, which rely on motors and gearboxes that generate noise and require heavy parts, impacting flexibility and energy efficiency. The new system integrates miniature pumps within the muscle fibers, allowing for a self-contained, lightweight, and quiet operation that mimics human muscle movement. Looking ahead, this technology could revolutionize the design of soft robots, enabling them to be embedded in robotic arms, wearable exoskeletons, or prosthetics. The potential for these fiber muscles to enhance human-robot interaction and create more adaptable robotic systems is promising, suggesting a future where the physical boundaries of human-robot coexistence may become more fluid.
Exoskeleton News, May 23 2026 – Week 21 – Newsletter Archive
The exoskeleton and wearable robotics industry experienced a significant week, as detailed in the latest newsletter released on May 23, 2026. This edition highlights key developments and innovations within the sector, showcasing the ongoing advancements and applications of exoskeleton technology. The newsletter serves as a vital resource for industry professionals and enthusiasts, providing insights into trends and breakthroughs that are shaping the future of wearable robotics. To stay informed about these rapid changes and to receive updates directly, readers are encouraged to subscribe to the newsletter.
Industrial Robot Classification: 5-Dimension Framework & Market Data
A five-dimensional framework classifying industrial robots by kinematic type, application, payload, repeatability, and drive system. IFR 2024 data: 542,000 global installations across articulated, SCARA, cobot, and delta types.
Robotics Innovator Lens Unveils Ambitious Production Goals Amid AI Surge
LENS sets bold production targets as AI-augmented robotics demand soars, promising high-volume manufacturing and next-gen automation tech.
