Monday, May 17, 2021

Bright Machines, which uses robotics and AI to automate manufacturing tasks, is merging with a SPAC to go public at a $1.6B post-deal valuation (Amrith Ramkumar/Wall Street Journal)

Amrith Ramkumar / Wall Street Journal:
Bright Machines, which uses robotics and AI to automate manufacturing tasks, is merging with a SPAC to go public at a $1.6B post-deal valuation  —  Manufacturing-software company joins 3D-printing companies hoping to modernize manufacturing that are going public through SPACs



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Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on sales; 80+ smartphone models saw price hikes of ~15% (Abhinav Parmar/Reuters)

Abhinav Parmar / Reuters : Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on...