Figure AI

Chips

indie's $6.2 Billion Backlog Is Nowhere in the Filing It Just Filed

Third-quarter revenue rose 31% to $70.2 million, and $29.5 million of it came from the Chinese subsidiary indie has agreed to sell. The strategic backlog investors are being asked to underwrite exists only on the earnings call.

November 7, 2026five-minute read

Robotics & Defense

Google's Gemini made Apptronik's robot land 7 straight shots from video alone; Jabil is the only listed stock

On October 13 Google's Gemini 4 Argon learned cornhole from video and taught Apptronik's Apollo seven straight throws, at an introductory $2 per million input tokens that expires on November 30. The only listed company in the robot's chain is Jabil, and its shares rose that day on data-center hardware, not humanoids.

October 14, 2026three-minute read

Robotics & Defense

IDC counted almost 25,000 humanoids; two-thirds still do demos, not work

The first half drew $740 million of humanoid revenue at an average $29,600 a robot, down from $37,000 a year earlier. Two-thirds of demand is still labs, stages and state data centers, and the listed volume names, Unitree and UBTECH, are well off their highs.

October 1, 2026three-minute read

Secondary market

Nasdaq robot fund RoboStrategy sells Figure AI's $39 billion mark on numbers no shareholder can audit

Google is building humanoid robots, hiring Boston Dynamics' ex-CTO for a 35,000-square-foot Massachusetts lab

indie's $6.2 Billion Backlog Is Nowhere in the Filing It Just Filed

Google's Gemini made Apptronik's robot land 7 straight shots from video alone; Jabil is the only listed stock

IDC counted almost 25,000 humanoids; two-thirds still do demos, not work