Robots on Wall Street: Non-traditional paths to public markets for robotics companies
The Digit humanoid robot from Agility, which is an example of a SPAC acquisition. Source: Agility On June 24, Agility Robotics Inc., a leading humanoid robotics and physical AI company, announced it had entered into a definitive business combination agreement with Churchill Capital Corp XI, a publicly traded special purpose acquisition company or SPAC. The deal values Agility at a $2.5 billion pre-money equity valuation. The Agility transaction comes at an inflection point for robotics companies
Robotics companies are increasingly using non-traditional methods to become publicly traded rather than pursuing traditional initial public offerings. These alternative paths include de-SPAC transactions, where a private robotics company merges with a publicly traded special purpose acquisition company, and reverse mergers with shell corporations. Robotics firms find these routes attractive because many are capital-intensive but pre-revenue or early-revenue companies that lack the financial track record institutional investors typically demand, while the current IPO market is increasingly dominated by mega-offerings from large technology companies that absorb investor attention. The regulatory burden and process differ between these alternative methods, with de-SPACs requiring more extensive SEC review and shareholder approval than reverse mergers.
One short email a day with the stories that matter. Free. Unsubscribe with one click.
Want to go deeper than the news? Explore live, cohort-based AI courses taught by practitioners.
Browse AI courses on Maven
Google DeepMind releases new advanced robotics AI model and next-generation gene prediction model
Alphabet Inc.’s artificial intelligence research lab, Google DeepMind, Tuesday debuted the next generation of Gemini Robotics, the company’s most capable vision-language-action model to date for creating an “AI brain” for robotics. Separately, DeepMind announced AlphaGenome 2 today, a next-generation AI model that can predict how DNA sequences and their variations affect human cell types, creating […] The post Google DeepMind releases new advanced robotics AI model and next-generation gene
Also reported by MarkTechPost
Gemini Robotics 2.5 accelerates real-world general dexterity
Our most capable vision-language-action model enhances robot dexterity, reliability, and safety
Also reported by Ars Technica
Can AI agents program industrial robots without training data? Berkeley says yes
The new RoboSimStudio is an open-source project that enables agentic AI coding of robotic simulation environments. | Credit: UC Berkeley UC Berkeley and NVIDIA have released open-source tools for a new approach: enabling teams of AI coding agents to write, simulate, and refine readable robot programs. Since the early days of industrial robots, programming, tuning, and troubleshooting robotic workcells has taken weeks to months. New research coming out of UC Berkeley has demonstrated that new age
Boston Dynamics adds wheels to Atlas humanoid to test whole-body control
Bridging the divide between deterministic physics-based control and policy-driven adaptation, Boston Dynamics has deployed a hybrid locomotion architecture on a wheeled variant of its Atlas humanoid. The “experiment” combined classical model-based motor control with whole-body reinforcement learning to maintain dynamic stability across unstructured, real-world terrain. In the video, Andy Wu, controls engineer for Atlas at Boston Dynamics, highlights some recent experiments that he
Practice Makes Precise: At CoRL, NVIDIA and Partners Reveal How Robots Rehearse Delicate Work in Simulation
Simulation, which has long been the proving ground for robots learning to walk, roll and hop, is now helping researchers teach robots tasks that require a finer touch: aligning gears, connecting cables and assembling small components. The shift from locomotion to manipulation is taking center stage at this week’s Conference on Robot Learning (CoRL) in Austin, Texas, alongside the rise of agentic robotics — a new paradigm that integrates frontier agents to create interpretable code for physical
Memories.ai builds standardized egocentric video pipeline
Memories.ai models label every clip: Memories-H0 for hand pose, EgoAction for action segments. | Credit: Memories.ai Memories.ai is building a data pipeline for robotics companies that combines standardized video collection with AI-powered annotation to turn everyday egocentric footage into training data for robots. The San Francisco-based company is developing software and AI to help robots understand the physical world. It builds video-understanding models and data infrastructure, and it colle