Meet AMC Robotics: The SPAC name looking for a breakthrough in AI-powered robotic technology
AMC Robotics Corp. (AMCI) has gone public on Nasdaq after a SPAC merger with AlphaVest Acquisition Corporation. The company, originally a security-technology firm, now focuses on AI-powered robotic technology for logistics and warehousing. It aims to commercialize its AI-powered quadruped security robot to enhance automation and security in warehouses. Despite volatile trading, AMCI's shares surged 160% recently. The company plans to use SPAC capital to scale its smart security solutions.
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