News Robotics

Agility Expects $465 Million From Churchill Capital SPAC Combination

Agility, a developer of humanoid robots, expects to raise $465 million through its combination with Churchill Capital Corp XI. The revised projection is $155 million lower than the company’s previous estimate.

The deal highlights continued investor interest in companies developing humanoid robots and related automation technologies.

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The Robot Report

Kimi and Mistral Bring Open Models Closer to the Frontier

Open AI models continue to close the performance gap with leading proprietary systems. Results associated with Kimi and Mistral indicate that both have reached parity with frontier models, bringing more competitive options to the open-model ecosystem. This development suggests that advances in model capability are no longer limited to

Salon to cease publication after 31 years

Salon will cease publication after 31 years, ending the run of one of the first online-only news magazines. In an unsigned announcement, the publication said the business realities of independent digital journalism had changed profoundly and that its publishing model was no longer sustainable. Salon did not provide a

Bose Recalls More Than 670,000 S1 Pro Battery Packs Over Fire and Overheating Risks

Bose has recalled more than 670,000 S1 Pro battery packs in the United States and Canada. The recall covers battery packs that may present a risk of fire or overheating. Sources * Engadget

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