Agility Robotics is reportedly going public via a $2.5B SPAC deal

Agility Robotics, maker of the Digit bipedal humanoid robot, is reportedly in talks to go public via a SPAC merger valuing the company at around $2.5 billion. The deal is unconfirmed and the SPAC partner unnamed. Agility last raised a $400M Series C in March 2025 at a $2.12B valuation. Unlike most well-funded humanoid competitors that remain private, Agility is pursuing the faster SPAC route. Its commercial pitch centers on actual warehouse deployments — over 100,000 totes moved for GXO Logistics — and a robots-as-a-service subscription model backed by Amazon's Industrial Innovation Fund. The move comes amid a broader robotics investment boom, with $27.6B flowing into the sector in 2025, though commercialization remains a challenge across the industry.

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Chamath Palihapitiya: Meta fumbled its AI lead

Investor Chamath Palihapitiya appeared on The Axios Show and criticized Meta for squandering its early AI advantage, arguing the company had the data, distribution, and reach to dominate open-weight AI but failed to seize the moment — leaving that lane to Nvidia and others. He framed the AI market as three pillars: closed US labs (OpenAI, Anthropic), Chinese open-weight challengers (DeepSeek), and an open-source American lab that Meta could have owned. He also dismissed fears of an AI-driven jobs apocalypse, citing historical patterns of technology expanding human activity rather than eliminating it. In a rare personal admission, he acknowledged his SPAC incentives were 'grossly misaligned,' conceding that his earlier defenses were driven by insecurity. He described a redesigned SPAC vehicle with vesting tied to investor returns, and noted he now runs his own AI startup called 8090.

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