$2.5 Billion Deal, New Robot, $300 Million In Pre-orders
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For several years, companies that label themselves or have been labeled as a Tesla Inc TSLA rival or have been called Tesla rivals have gone public via SPAC (special purpose acquisition company) merger.
A Salem-based robot manufacturer, Agility Robotics, plans to go public through a merger valued at $2.5 billion.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) is starting to look like a real frontrunner in physical AI. Now, it’s no mystery that Amazon has been putting robots to work at its warehouse, behind the scenes, to help out humans with all those packages.
