Creators backing humanlike robots

Business

Finance

June 25, 2026

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A maker of humanlike robots that carry totes around warehouses is aiming to go public on Wall Street in a test of whether there's a market for putting AI-powered humanoid machines to work.

Agility Robotics, based in Salem, Oregon, announced Wednesday a planned merger with an investment firm that will value the company at US$2.5 billion as it becomes the first publicly traded company entirely devoted to building and selling humanoids.

Its competitors include Tesla, whose CEO Elon Musk has pitched its humanoid prototype Optimus as the future of the carmaker.

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Sourced from Jamaica Star. Visit their website to read the full story.

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