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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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Feb 17, 2026 / Alastair Crooke
Trump Kabuki Theatre in Ukraine: Nothing of Substance Gets Resolved
It is not a glitch (that nothing gets resolved). It’s a feature. For it opens rather, a path for “Business” to be done – for “stakeholder” deals to be cut, and for billions to be shared out in payoffs. This is Trump’s geo-political transactional model: Business displaces traditional negotiation (at least while the money flows); […]
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Aug 24, 2026 / Tyler Durden
Our World 'Is Coming Apart Now... In Astounding Ways'
Our World 'Is Coming Apart Now... In Astounding Ways'
Authored by James Howard Kunstler,
Cookery For All
“We’re only cooked if we accept it.”
- Blaine Holt on “X”
They don’t call economics the dismal science for nothing.
It has been noted - since Thomas Carlyle minted the term in 1849 (objecting to the emancipation of black slaves on Britain’s colonial sugar plantations as a harm to productivity) - that attempts to manage the billion-footed transactions of human beings always find a way to bite back.
But how can this creature we call society not try to regulate its affairs, with evils...
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Mar 26, 2026 / Tyler Durden
Turkey Dumped 58 Tons Of Gold After Iran War Started, Slamming Price
Turkey Dumped 58 Tons Of Gold After Iran War Started, Slamming Price
There has been much speculation about the mystery seller(s) that sent gold sliding into a bear market from its January high: was it a sovereign seeking to plug holes in their budget from the recent surge in oil, a "market maker" trying to spark stop loss liquidations, or just retail investors taking profit after one of the best years in history for the precious metal?
Today we learned the identity of at least one of the sellers: Turkey’s central...
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