Announced
Financials
Sources
Tags
Majority
Domestic
United States
Friendly
industrial robotics
Single Bidder
Auto Technology
Pending
Acquisition
Private
artificial intelligence
Synopsis
United States Steel, a steel producer, agreed to invest in Carnegie Foundry, a robotics and AI studio. Financial terms were not disclosed. "We are very excited to have US Steel as a key partner. Our goals are aligned and our innovations in automation complement US Steel’s ongoing work. It’s our good fortune that we found investment, aligned mindsets and large-scale industrial specialization with the team at US Steel," Robert J. Szczerba, Carnegie Foundry CEO.
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