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 a...

By Tyler Durden