Browsing: Robot

Add to Google Preferred Sources GS E&C and Hoban Construction have jointly acquired convertible bonds in Robocon, a South Korean construction robotics company, through a venture fund established by their corporate venture capital arms in 2024. The fund totals 38.5 billion won (approximately $28.6 million). Robocon develops “ARON,” an automation solution for rebar cutting, bending,…

In January 2025, ChineseAI company DeepSeek caused the biggest single-day destruction of corporate value in Wall Street history. Its low-cost model prompted investors to question whether the AI boom really required so many expensive chips, wiping $593bn (£441bn) from Nvidia’s market value.