A single destination for timely, editor-curated robotics news from around the world.
Waymo, the autonomous vehicle technology firm under Alphabet, has secured a $5 billion loan from notable lenders including Blackstone and PIMCO. This marks Waymo's first debt financing, aimed at accelerating its commercial expansion in existing cities and entering new markets across the U.S., Europe...
Waymo is nearing the completion of negotiations to secure debt financing for the first time, aiming to raise over $3 billion. The company is collaborating with lenders such as Pacific Investment Management Co. as part of this initiative. This financing is significant as it marks Waymo's first ventu...
On July 20, Blackstone announced a significant investment in South Korea's Futronic, a company specializing in actuators and motion control, valuing the firm at approximately 1 trillion KRW (around $676 million). The exact investment amount was not disclosed. This move is notable as Blackstone, the...
Blackstone has announced its investment in Futronic, a South Korean supplier specializing in high-precision actuators for the automotive and industrial robotics sectors. The deal values Futronic at approximately 1 trillion won, equivalent to $676.04 million, as reported by sources familiar with the...
Blackstone has announced its intention to invest in Futronic, a Korean company established in 1993. Futronic is known for its specialization in high-precision actuators, which are crucial components in both automotive and robotics applications. This investment is significant as it highlights the gr...
Blackstone Inc. has reached an agreement to invest in Futronic, a South Korean company specializing in high-precision actuators for industrial robotics and automotive applications. This investment is significant as it highlights Blackstone's commitment to the robotics sector, particularly in enhanc...
NVIDIA has announced strategic partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create independent compute financing platforms. These platforms aim to mobilize over $500 billion in third-party capital to support the development of AI infrastructure, addressing t...
AirTrunk Pty., a data center operator supported by Blackstone Inc., is currently negotiating with banks for a significant loan of A$4.3 billion (approximately $3 billion) to finance a new project in Australia. This move is part of the company's ongoing strategy to expand its operations across the As...
AirTrunk, an Australian data center operator supported by Blackstone, has unveiled a significant $30 billion investment plan aimed at developing 5 gigawatts of data center capacity in India by 2030. This initiative marks one of the largest infrastructure commitments in the country’s burgeoning artif...
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
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