MakinaRocks and Hyundai Robotics have signed a memorandum of understanding to cooperate on developing AI-based anomaly detection for industrial robot arms.
Founded in 2017, MakinaRocks develops anomaly detection and control and optimisation solutions for the industrial sector based on deep learning and reinforcement learning.
Hyundai Robotics focuses on robots used in automobile and semiconductor industries.
Under the agreement, the partners will work together to further advance AI-based industrial robot anomaly detection with the joint development of deep learning models and operational frameworks for industrial robot predictive maintenance.
They plan to develop operating environments for deep learning models and integrate them with Hyundai Robotics’ robot monitoring system.
“While existing AI projects are currently at the proof of concept level, this agreement provides the opportunity for more, as it includes the machine learning operations aspect necessary for operating machine learning systems. The collaboration will provide new AI application use-cases, contributing to new value creation in the industrial robot market,” said Andre Yoon, CEO of MakinaRocks.
“As an increasing number of customers request AI-integrated robots, an AI-based analysis platform for robot functions is an indispensable necessity. We plan to expand our user base with robots that can autonomously predict failures and perform quality management,” said Dae-gyu Yoon, Managing Director of Hyundai Robotics.