Sberbank and Microsoft bring AI to robotic cash handling

Sberbank and Microsoft bring AI to robotic cash handling

Sberbank and Microsoft Research are teaming up to study how AI can be used to train robots to interact with physical objects in order to boost coin counting productivity.

Sberbank research engineers will work with their Microsoft counterparts in Redmond, using the tech giant's AI platform, which unites machine learning - including reinforcement learning - and simulation modelling in virtual reality to create autonomous AI systems.

The plan is to use a manipulator, video cameras, and an arm grabber to improve occupational safety for operators who remove coin bags from carts when working at cash handling and cash-in-transit centres.

Herman Gref, CEO, Sberbank, says: "The move signifies the great trust between our companies and the enormous potential of our research teams. I’m confident that the project will give birth to an effective cooperation in other Sberbank research areas and be a win-win for both the parties."

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