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Titans Join Forces: LG Innotek Partners with TDK to Develop Solutions for Physical AI

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“Creating the Robot’s ‘Skin’ as Well as Its ‘Eyes'”

LG Innotek and TDK align on a strategic partnership in the physical AI sectorDeveloping next‑generation vision sensing modules integrated with TDK sensors to maximize recognition performanceDeveloping a tactile sensing module that acts as the skin of a robotCEO Moon Hyuksoo: “We will expand cooperation with TDK across multiple physical AI domains.”

SEOUL, South Korea, July 28, 2026 /PRNewswire/ — LG Innotek is developing not only the “eyes” of robots but also their “skin.”

LG Innotek (CEO Moon Hyuksoo) announced on July 28 that the company has aligned on a strategic partnership in the field of physical AI with TDK Corporation, a global electronics company (President and CEO Noboru Saito).

Under the agreement, the two companies plan to deliver a range of physical AI solutions, including next-generation vision sensing modules and tactile sensing modules, by combining LG Innotek’s optical and ultra-precision module design technologies with TDK’s diverse set of sensor technologies.

TDK Corporation (TSE:6762) is a global technology company and innovation leader in the electronics industry, based in Tokyo, Japan. It has been actively expanding its sensor business over the past two decades. In particular, TDK is known for its broad sensor portfolio spanning inertial, directional, temperature and pressure and position sensing, which can be applied to a wide range of physical AI use cases.

Developing next‑generation vision sensing modules integrated with TDK sensors to maximize recognition performance

With this partnership, the two companies plan joint advanced research to integrate LG Innotek’s vision sensing modules with TDK’s various sensors, including inertial and position sensors and microphones. Through this collaboration, the two companies plan to launch a next‑generation vision sensing module that offers expanded functionality and significantly improves recognition performance compared to existing solutions.

This next‑generation vision sensing module aims to maximize robots’ recognition accuracy by fusing data on movement, position, and sound, going beyond traditional vision data collected from only image sensors.

For example, when TDK’s Inertial Measurement Unit (IMU) is integrated into the vision sensing module, it is expected to enable motion blur compensation and image stabilization, while also preventing visual blind spots through high-frequency tracking and dead reckoning. 

From the robot manufacturers’ perspective, the integrated module also offers significant convenience, as various sensors are combined into a single solution. This eliminates the need to purchase and connect multiple sensors individually, reducing both complexity and implementation burden.

An LG Innotek official said, “There are numerous types of next‑generation vision sensing modules that can be created through our partnership with TDK, which offers dozens of advanced sensor technologies. As a first step, in 2027, we plan to launch a module equipped with an inertial sensor.”

Developing a tactile sensing module that acts as the ‘skin’ of a robot

Under the partnership, the two companies plan to work together to develop a tactile sensing module by 2027.

This tactile sensing module functions almost like human skin. Mounted on the robot’s hands, arms, and body, the module allows it to detect contact with objects and the pressure it exerts when manipulating them.

The module relies on advanced manufacturing, ultra‑thin form factors, and flexible structures, making it a high-value‑added component that is very technically challenging to develop. Recently, the tactile sensing module, together with the vision sensing module, has become one of the core components of robots.

LG Innotek will provide its module design and digital signal processing capabilities, while TDK is willing to contribute its ultra‑precision sensing technology from diverse industries, including consumer and automotive businesses, aiming to create a high‑performance tactile sensing module tailored to the operating environments of robots.

Broadening cooperation across multiple physical AI domains 

The two companies plan to expand their cooperation into multiple physical AI fields, particularly real‑time processing and sensor data analysis.

TDK President and CEO Noboru Saito said, “I am pleased for TDK to join hands with LG Innotek, a world‑class leader in physical AI sensing. By combining TDK’s diverse fundamental technologies and sensors with LG Innotek’s core capabilities, we will add value for customers and bring truly revolutionary products to the global market.”

LG Innotek CEO Moon Hyuksoo said, “In the robotics industry, multi-sensing—the integration of numerous sensors into a single system—is expected to become increasingly important. Through our collaboration with TDK, which offers a broad portfolio of sensor technologies, we aim to help shape the ecosystem for core robotic components.”

He added, “We will continue to partner with a wide range of companies to enhance the core technologies powering robots’ vision and hands, and accelerate our efforts to establish a leadership position in the Physical AI market.”

Meanwhile, LG Innotek is actively exploring physical AI sensing markets with its composite sensing modules, which combine multiple sensing components such as world‑class camera modules, LiDAR, and radar into a single solution. Leveraging its differentiated competitiveness in cameras, LiDAR, and radar based on proprietary technologies, LG Innotek is strengthening its cooperation with other global big tech firms as well, including Boston Dynamics.

[Reference data] Market projection data

AI sensor market size
According to market research firm Precedence Research, the global AI sensor market is projected to grow at an annual rate of 43.61%, from USD 4.77 billion in 2024 to USD 178.03 by 2034.Global sensor market size
According to market research firm IDTechEx, the global sensor market is expected to expand by around 6% annually, reaching USD 253.0 billion by 2035.Physical AI market size
According to market research firm Grand View Research, the global physical AI market was valued at USD 81.6 billion in 2025 and is forecast to grow at an average annual rate of 36.1%, reaching USD 960.4 billion by 2033.According to Grand View Research, the market for tactile sensors used in electronic skin applications is expected to grow at a CAGR of 25.1%, expanding from approximately USD 3.68 billion in 2025 to approximately USD 21.5 billion by 2033.

About LG Innotek Co., Ltd.

LG Innotek is a cutting-edge materials and components company. The company is the world’s No.1 supplier of smartphone camera modules, leading innovation in mobile imaging technology. It is also at the forefront of advancing future technologies, offering core components for mobility, semiconductors, and robotics, working closely with customers to realize their visions. Headquartered in Seoul, Korea, LG Innotek has sales subsidiaries in Germany, the USA, China, Japan, and Taiwan, China, and production subsidiaries in China, Vietnam, Indonesia, Mexico, and Poland.

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Miami Startup BOB Raises $5.5M To Build An AI-Powered Banking Platform

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The Miami-based company is building the most useful small business finance agent and banking platform in the world, with participation from Codie Sanchez, Mark Pincus,  and others.

MIAMI, Oct. 23, 2026 /PRNewswire/ — BOB AI Holdings Corp. (“BOB”), the AI finance employee for small business, today announced it has raised $5.5 million in seed funding. The round was led by Mischief (founder of Plaid, Zak Perret), with funding from Peter Thiel and participation from Codie Sanchez, Mark Pincus, Karman Ventures, and a group of additional investors and operators. BOB will use the capital to expand its product, grow its team in Miami, and bring a free AI finance agent to more of the small business owners who keep the American economy running.

The seed round brings together investors who share a conviction that small businesses deserve the same caliber finance department g that large companies take for granted. Mischief led the round, and Peter Thiel joined as a backer alongside Codie Sanchez, the investor and operator known for championing Main Street business ownership.

The funding follows BOB’s private beta launch in September 2026 and will support three priorities: deepening the product’s financial capabilities, scaling customer onboarding, and growing BOB’s team in Miami.

BOB is an AI finance employee that works alongside small business owners to handle the annoying but necessary financial work that usually eats their nights and weekends. Owners talk to BOB the way they would talk to a trusted bookkeeper or CFO, over WhatsApp, text message, Slack, Microsoft Teams, email, or the BOB app. BOB keeps the books, sends invoices, accepts payments, holds funds in a deposit account, and helps owners see where their cash is headed so they can make decisions with confidence.

BOB’s long-term goal is to be the most useful banking product in the world, and a banking product specifically built for this new world of AI agents, robots, and drones. But they are getting started by building the most useful and safe financial agent for small business owners. And instead of handing owners another dashboard to learn, BOB just does the work for them and communicates in plain language.

BOB’s wedge has been particularly effective because the company is laser-focused on small business owners who have largely been underserved by the wave of financial technology built over the last five to ten years. Many of those products were designed for the general market or for enterprise finance teams, and they assume the owner has time, training, or staff to run them. BOB starts from the opposite assumption. The owner of a roofing company, a restaurant, or a local services firm should be able to get real financial help without hiring a department to get it.

“Small business owners have been an afterthought for most of the financial technology built over the last decade,” said Adam Wininger, CEO of BOB. “They are running the business, doing the work, and then staying up late trying to make sense of their books. We built BOB to take that work off their plate entirely. Our goal is simple: to be the most useful banking platform in the world, and this funding lets us put our free CFO agent, BOB, in the hands of many more owners.”

“We invest in infrastructure that becomes indispensable, and a financial layer for autonomous agents is one of the clearest examples we’ve seen,” said Dustin Moring, General Partner at Mischief. “BOB is attacking an immense market at the exact moment AI is moving from advising on transactions to executing them. We’re proud to lead this round and back Adam and the team as they build the foundation agent banking will run on.”

About BOB

BOB AI Holdings Corp. is a Miami-based company building BOB, the AI finance employee and banking platform for small business. BOB handles bookkeeping, invoicing, payments, and cash flow for small business owners through the channels they already use, including WhatsApp, text message, Slack, and Microsoft Teams. BOB’s mission is to build the world’s most useful banking product in the world. Learn more at joinbob.ai. Disclaimer: BOB AI Holdings Corp is a financial technology company, not a bank.

Media contact

Joel Strauss – joel@strausscomms.com 

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SOURCE BOB AI Holdings Corp

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Union Home Mortgage unveils AI and automation advancements during 2026 Annual Partner Celebration

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The mortgage lender continues to make major technology investments going into 2027

STRONGSVILLE, Ohio, Oct. 23, 2026 /PRNewswire/ — Union Home Mortgage (UHM), a high-growth independent mortgage banking company with a world-class culture, recently unveiled an array of AI and automation-driven technological achievements during the company’s 2026 Annual Partner Celebration held Oct. 16-17 in Cleveland, Ohio. This world-class event brought over 850 UHM employees, known internally as Partners, together to highlight the lender’s year-to-date business results, set goals to multiply business success, and foster connection between colleagues. Most notably, technology took center stage, highlighting advancements made in 2026 and a sneak peek at what is coming next.

Attendees were given an inside look at the next phase of technology shaping the business, with demonstrations of both newly implemented tools and future-focused prototypes. These innovations, ranging from conversational voice agents for enhanced customer support to the elimination of tedious manual document review, showcased the transformative potential of technology and underscored the lender’s ongoing investment in smarter, more efficient workflows.

“What makes this event so meaningful is the chance to celebrate our Partners and the impact they have on our business and culture,” said Bill Cosgrove, CEO of Union Home Mortgage. “By creating opportunities for open dialogue and idea-sharing, we’re able to strengthen our culture and identify new ways to move our business forward. As we look ahead to 2027, we remain focused on our 3X initiative, empowering our Partners with the resources, technology, and support they need to achieve more while continuing to deliver a world-class experience for our borrowers. Technology will be the key to UHM’s future, and I can’t wait to see what new solutions are developed in time for our next Annual Partner Celebration.”

While this year’s Annual Partner Celebration was heavily focused on technology, the event also featured senior leadership across all departments and business channels taking the stage to share updates on critical areas such as sales performance, servicing, benefits, employee recognition, and more. UHM Partners also took part in a panel discussion and Q&A with CEO Bill Cosgrove and Sr. Vice President of Business Development Al Blank. In addition to those attending in-person, the rest of the mortgage lender’s 2,300 Partners streamed the event virtually across the country. Following the event, attendees were invited to attend a celebratory carnival featuring casino-style games, a golf simulator, Family Feud, a custom t-shirt press, and more – earning raffle tickets to win high-value prizes. The lender also raffled off tickets to the MLB American League Championship Series being played at Progressive Field, as Union Home Mortgage is the Official Mortgage Partner of both teams that played in the series – the Tampa Bay Rays and the Cleveland Guardians.

Throughout the week, Partners also attended individualized leadership summits specific to their department or role within the company, as well as a Hard Stops Summit aimed at examining existing hard stops in the loan process to streamline operational efficiency.

Internal loan officer coaching program Partners Coaching Partners (PCP), which pairs each participating loan officer with a high-performing mentor and an accountability partner at their production level, also held their Fall PCP Impact event on October 14-15. The group aims to equip members with the skills and knowledge to increase productivity, generate leads, finetune the origination process, improve teambuilding, and increase profit margins. Next year, the PCP program will celebrate its twentieth consecutive PCP Impact event, cementing its status as a pillar of Partner development at UHM.

About Union Home Mortgage
Union Home Mortgage Corp. (UHM) is a high-growth, full-service retail, wholesale, and consumer direct independent mortgage banking company with branches across the U.S. in 49 states + D.C. UHM is an in-house loan servicer offering world-class customer service through high touch communication & technology. A privately held family business, with a collaborative culture that stands out in the mortgage industry, UHM Partners (employees) are guided by a Code of Conduct that emphasizes respect, open communication, and accountability. All these principles translate to industry-leading customer retention and satisfaction. Some honors include being a Six-Year USA TODAY Top Workplace and a Twelve-Year Northeast Ohio Top Workplace. Learn more at www.uhm.com.

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SOURCE Union Home Mortgage

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Pew Funds 4 Biomedical Research Partnerships in Latin America

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Scientists will team up on interdisciplinary explorations

WASHINGTON, Oct. 23, 2026 /PRNewswire/ — The Pew Charitable Trusts announced today that four pairs of researchers from Latin America will receive funding to pursue collaborative biomedical research projects.

These eight esteemed scientists, all independent investigators in Latin America, will team up on interdisciplinary explorations that span plant biology, genetics, immunology, and more. Recipients will receive a combined $180,000 per pair—$90,000 annually over two years.

The Partnership Award was created to help advance scientific collaboration and networking among the biomedical research community in Latin America. Recipients include four alumni of Pew’s Latin American Fellows Program in the Biomedical Sciences, which has funded nearly 350 scientists from across the region since 1991. The Partnership awards were made possible by a grant from Biohub.

“Pew is proud to support these exceptional scientists from Argentina, Brazil, and Chile,” said Donna Frisby-Greenwood, Pew’s senior vice president for Philadelphia and scientific advancement. “Their creative ideas and pioneering approaches will undoubtedly lead to important discoveries that advance biomedical research across Latin America and the world.”

Recipients of this year’s Partnership Award are:

Luis F. Larrondo, Ph.D., Pontificia Universidad Católica de Chile, 2004 Pew Latin American Fellow

Gerardo Cárcamo-Oyarce, Ph.D., Pontificia Universidad Católica de Chile

Larrondo and Cárcamo-Oyarce will establish a new, light-based platform for studying the formation of biofilms by the bacterium Pseudomonas aeruginosa.

Priscilla Olsen, Ph.D., Universidade Federal do Rio de Janeiro (UFRJ), 2016 Pew Latin American Fellow

Beatriz Patricio, Ph.D., Universidade Federal do Estado do Rio de Janeiro (UNIRIO)

Olsen and Patricio will develop and test a new strategy to overcome antimicrobial drug resistance.

Paulo José P. L. Teixeira, Ph.D., Universidade de São Paulo, Escola Superior de Agricultura Luiz de Queiroz, 2013 Pew Latin American Fellow

Antonio Camargo, Ph.D., Universidade de São Paulo

Teixeira and Camargo will examine plant immune receptor specificity.

Marcelo Yanovsky, Ph.D., Fundación Instituto Leloir – CONICET, 2000 Pew Latin American Fellow

Esteban Beckwith, Ph.D., Instituto de Investigación en Biomedicina de Buenos Aires – CONICET – Partner Institute of the Max Plank Society

Yanovsky and Beckwith will study how organisms regulate gene expression in response to environmental stress.

Founded in 1948, The Pew Charitable Trusts uses data to make a difference. Pew addresses the challenges of a changing world by illuminating issues, creating common ground, and advancing ambitious projects that lead to tangible progress. Learn more at pew.org.

Press contact: Liz Lowe, 215-575-4812, elowe@pewtrusts.org

https://www.pew.org/en/about/news-room/press-releases-and-statements/2026/10/22/pew-funds-4-biomedical-research-partnerships-in-latin-america

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SOURCE The Pew Charitable Trusts

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