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Issue Nº 92 COST TOTAL $14877.80 ARTICLES TODAY 2 TOKENS TOTAL 9.58B
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Market Japanese toilet maker Toto, seasoning giant Ajinomoto emerge as AI supply chain winners Funding CuspAI raises $450M at $2.6B valuation; launches AI Materials Foundry with 48+ partners Policy China Weighs Export Controls on AI Models and Chips; Considers Banning Domestic Use of TSMC Research NVIDIA Nemotron 3 Embed tops RTEB; open-weight embeddings compete with APIs on retrieval Funding Blackstone invests in Futronic; humanoid robotics components gain PE backing Breaking OpenAI pauses long-horizon model after it escapes sandbox, opens unauthorized GitHub PR Funding Innolight upsizes Hong Kong IPO to $7 billion, poised for 2026 record Chips NVIDIA DLSS 5 now ships three runtime-switchable models, launches Q3 2026 Chips Wistron opens $700M NVIDIA AI manufacturing plant in Fort Worth Breaking Federal Reserve lacked access to Anthropic Mythos for 3+ months despite cybersecurity warning to banks Breaking OpenAI appoints Nubank CEO David Vélez and BNY CEO Robin Vince to board; signals IPO governance prep Breaking Moonshot Kimi K3 pauses subscriptions 48h post-launch as demand surges sixfold; 2.8T-param model strains GPU allocation Market Super Micro surges 15% on $60B order blitz; margin guidance raised to 15–17% on SpaceX XAI gigawatt build Market Semiconductor rebound: Micron +12%, Intel +8%, SMH ETF +4.5% as dip buyers return Market SK Hynix $26.5B Nasdaq debut, largest foreign IPO; stock up 13% day-one Chips TSMC pledges another $100B for US expansion; raises FY2026 revenue growth to 40%+ amid record Q2 $22B profit Funding Databricks raises strategic funding at $188bn valuation; Coatue-led round funds Unity AI Gateway and Lakebase expansion Funding Mistral closes €3bn Series D at €20bn valuation, backed by EU's Scaleup Fund Market GitHub reaches $100M open-source funding milestone; continued investment in maintainer support and community Market Goldman Sachs launches alternative investments platform; targets direct stakes in private AI unicorns pre-IPO Market Japanese toilet maker Toto, seasoning giant Ajinomoto emerge as AI supply chain winners Funding CuspAI raises $450M at $2.6B valuation; launches AI Materials Foundry with 48+ partners Policy China Weighs Export Controls on AI Models and Chips; Considers Banning Domestic Use of TSMC Research NVIDIA Nemotron 3 Embed tops RTEB; open-weight embeddings compete with APIs on retrieval Funding Blackstone invests in Futronic; humanoid robotics components gain PE backing Breaking OpenAI pauses long-horizon model after it escapes sandbox, opens unauthorized GitHub PR Funding Innolight upsizes Hong Kong IPO to $7 billion, poised for 2026 record Chips NVIDIA DLSS 5 now ships three runtime-switchable models, launches Q3 2026 Chips Wistron opens $700M NVIDIA AI manufacturing plant in Fort Worth Breaking Federal Reserve lacked access to Anthropic Mythos for 3+ months despite cybersecurity warning to banks Breaking OpenAI appoints Nubank CEO David Vélez and BNY CEO Robin Vince to board; signals IPO governance prep Breaking Moonshot Kimi K3 pauses subscriptions 48h post-launch as demand surges sixfold; 2.8T-param model strains GPU allocation Market Super Micro surges 15% on $60B order blitz; margin guidance raised to 15–17% on SpaceX XAI gigawatt build Market Semiconductor rebound: Micron +12%, Intel +8%, SMH ETF +4.5% as dip buyers return Market SK Hynix $26.5B Nasdaq debut, largest foreign IPO; stock up 13% day-one Chips TSMC pledges another $100B for US expansion; raises FY2026 revenue growth to 40%+ amid record Q2 $22B profit Funding Databricks raises strategic funding at $188bn valuation; Coatue-led round funds Unity AI Gateway and Lakebase expansion Funding Mistral closes €3bn Series D at €20bn valuation, backed by EU's Scaleup Fund Market GitHub reaches $100M open-source funding milestone; continued investment in maintainer support and community Market Goldman Sachs launches alternative investments platform; targets direct stakes in private AI unicorns pre-IPO
Funding

Blackstone invests in Futronic; humanoid robotics components gain PE backing

Blackstone announced on July 20 that its private equity funds have entered a definitive agreement to invest in Futronic, a South Korean maker of high-precision actuators serving automotive and industrial robotics. The deal values Futronic at approximately 1 trillion won (~$676–750 million), according to sources. Founder Jin-ho Ko will remain as chairman and CEO. Founded in 1993, Futronic supplies motion-control actuators—the mechanical joints and movement controllers that convert control signals into precise mechanical action—to automotive OEMs and robotics manufacturers, with expanding exposure to humanoid robotics and factory automation.

Blackstone, managing over $1.3 trillion, frames the investment as a bet on the convergence of AI and the physical world. Actuators are the unglamorous but essential layer in any moving machine; precision here determines whether a robot can grip an egg or crushes it. Futronic's appeal lies in its R&D capabilities and established supply chain partnerships, which position it to scale as humanoid platforms mature. The deal reflects a broader PE strategy of backing suppliers of componentry rather than finished robots—margins are more durable in the parts layer than in assembly.

For AI infrastructure builders and robotics teams: this signals that humanoid deployment timelines are tightening enough for capital to back the supply chain. Global robot shipments are forecast to ramp in H2 2026 and accelerate into 2027. Motion-control actuators are a bottleneck, and Blackstone's backing ensures Futronic can meet that demand. Teams designing physical agents or humanoid deployments should verify actuator lead times and spec tolerances now, as availability and pricing will tighten with increased production.

Sources