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Blackstone Just Made A Physical AI Bet On Actuator-Maker Powering Humanoid Robots

Blackstone Just Made A Physical AI Bet On Actuator-Maker Powering Humanoid Robots Blackstone, the world's largest alternative asset manager, is making a big investment in Futronic, a 33-year-old automotive supplier whose motion-control technology has been adapted for industrial and humanoid robots, according to Reuters. The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person with knowledge of the matter. -RTRS  The deal comes just ahead of the expected rise of physical AI, with forecasts from top desks indicating that global robot deliveries could begin...
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Jul 6, 2026 / Tyler Durden
Saylor's Strategy Sells 3,588 Bitcoin To Cover Preferred Dividends
Saylor's Strategy Sells 3,588 Bitcoin To Cover Preferred Dividends Authored by Micah Zimmerman via Bitcoin Magazine.com, Strategy sold 3,588 bitcoin for $216 million to fund dividends on its preferred securities, the company disclosed in a Form 8-K on July 6, 2026. The sale marks the largest bitcoin disposal in the company’s history and its most direct admission that its dividend obligations now shape its treasury. Chairman Michael Saylor posted about the transaction on social media. As of July 5, the company held 843,775 bitcoin in its reserves and $2.55 billion in cash. Saylor said...
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Jun 30, 2026 / Tyler Durden
Conference Board Consumer Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years
Conference Board Consumer Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years Amid a plethora of revisions (lower), The Conference Board's measure of Americans' Consumer Confidence rose very modestly in June (from 90.6 to 91.2 - a big miss on the headline print's expectation of 94.4). However, while Expectations rose to their highest level of the year, the Present Situation tumbled to its lowest since March 2021... “Consumer confidence inched up in June as falling oil prices in recent weeks provided some relief to consumer inflation fears,” said Dana...
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Aug 27, 2026 / Tyler Durden
Army's Project Janus Selects Five Reactor Companies For Rapid Development
Army's Project Janus Selects Five Reactor Companies For Rapid Development The US Army's Project Janus, which we detailed at length back in November, has selected its initial batch of reactor developers to bring advanced nuclear energy to Army installations to ensure resilient and ready power.  BREAKING: The first fully operational commercial nuclear microreactor will be deployed at a U.S. Army installation in 2028. To achieve this, the Army has awarded a combined $2.2 Billion to five competing commercial companies. — Jeff Waksman (@Waksman84) August 26, 2026 The program is looking to move reactor developers...
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