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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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May 22, 2026 / Tyler Durden
CEO Saves His Failing Company By Firing Entire HR Department
CEO Saves His Failing Company By Firing Entire HR Department
When Elon Musk purchased Twitter and took the company over in 2022, he proceeded to fire approximately 80% of the social media company's bloated 7500 person workforce. This included almost all HR related employees. The company roster was pared down to a lean 1500 people. Everyone in the establishment media claimed that Twitter (now called "X") was going to collapse.
The political left and their corporate allies did everything in their power to make this happen, including advertising cancellations and even...
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Sep 1, 2026 / Kyle Anzalone
The Kyle Anzalone Show: Trump Declares Total Economic War Against Iran! Will It Work?
A US senator gets a basic Taiwan and South China Sea question and freezes, defaulting to “I support the military.” That clip sets the tone for a hard look at how casually America treats foreign policy competence while Congress keeps voting on war funding, alliances, and the next escalation. We talk through why Taiwan policy, […]
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Sep 16, 2026 / Tyler Durden
Diesel Crack Spread Explodes To Record As Russia Weighs Longer Export Ban, US Eyes Its Own
Diesel Crack Spread Explodes To Record As Russia Weighs Longer Export Ban, US Eyes Its Own
Diesel futures and refining spreads climbed to record highs as worsening supply disruptions in the Gulf and Russia tightened availability of the industrial fuel that powers the global economy.
Potential export restrictions, or at least extending risk, are compounding the squeeze: Moscow is reportedly considering extending its diesel export ban, while Senate Majority Leader John Thune told reporters Tuesday he was "open to exploring" a US diesel export ban.
Nymex heating oil futures, the US benchmark...
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