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FORT Robotics, a safety platform for physical AI, has entered into a definitive business combination agreement with SPAC Newbury Street II Acquisition Corp to become a publicly traded company. The deal includes over $31 million in PIPE and NRA investments from institutional investors including Tiger Global, Prologis Ventures, and Mark Cuban.
“Creates the first publicly traded company dedicated principally to safe and scalable deployment of physical AI, as a universal safety layer across the robotics industry”eqs-news.com
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