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The Business Brief TUESDAY, 18 AUGUST 2026
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Mark Cuban-Backed ‘Physical AI’ Startup Nears $500 Million SPAC Deal

1 source ·1 article ·3h ago

A startup backed by Mark Cuban that makes hardware and software used to more safely control and operate autonomous robots plans to go public via a blank-check vehicle in a deal valuing it at $500 million.

Covered by 1 outlet

Bloomberg 1

All coverage · 1 article

Bloomberg Technology ·3h ago

Mark Cuban-Backed ‘Physical AI’ Startup Nears $500 Million SPAC Deal

A startup backed by Mark Cuban that makes hardware and software used to more safely control and operate autonomous robots plans to go public via a blank-check vehicle in a deal valuing it at $500 million.