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The White House confirmed and defended conducting a second strike against alleged drug smugglers in the Caribbean in September, amid the Trump administration’s crusade targeting the influx of drugs into the U.S. 

The White House’s statement comes after the Washington Post reported Friday that Secretary of Defense Pete Hegseth verbally ordered that a Sept. 2 attack kill everyone on board the alleged drug boat, drawing scrutiny from lawmakers who are requesting additional oversight into the strikes. The Post reported that a second strike was conducted to take out the remaining survivors on the boat. 

Although the Pentagon pushed back against the report, White House press secretary Karoline Leavitt did not deny that a second strike occurred and told reporters Monday that the strike Sept. 2 was conducted ‘in self-defense’ in international waters ‘in accordance with the law of armed conflict.’ 

The White House said Monday that Hegseth authorized the second strike, but the head of U.S. Special Operations Command, Adm. Frank ‘Mitch’ Bradley, ordered and directed it. At the time of the strike, Bradley was serving as the commander of Joint Special Operations Command, which falls under U.S. Special Operations Command. 

‘On September 2nd, Secretary Hegseth authorized Admiral Bradley to conduct these kinetic strikes,’ Leavitt said. ‘Admiral Bradley worked well within his authority and the law, directing the engagement to ensure the boat was destroyed and the threat to the United States of America was eliminated.’

When asked to confirm that Bradley was the one who ordered the second strike, Leavitt said that he was ‘well within his authority to do so,’ but declined to disclose whether the second strike was ordered because there were survivors remaining from the first strike. 

Leavitt also disputed that Hegseth ever gave an initial order to ensure that everyone on board was killed, when asked specifically about Hegseth’s instructions. 

‘I would reject that the secretary of War ever said that,’ Leavitt said. ‘However, the president has made it quite clear that if narco-terrorists, again, are trafficking illegal drugs toward the United States, he has the authority to kill them.’

The White House’s statements on the matter don’t completely align with the Pentagon’s. On Friday, the Pentagon denied the Post’s reporting in its entirety. 

‘We told the Washington Post that this entire narrative was false yesterday,’ Pentagon spokesperson Sean Parnell said in a post on social media Friday. ‘These people just fabricate anonymously sourced stories out of whole cloth. Fake News is the enemy of the people.’ 

The Pentagon did not immediately respond to a request for comment from Fox News Digital.

Meanwhile, the report has prompted lawmakers on both sides of the aisle to ask additional questions about the operations, and press for additional oversight. 

‘This committee is committed to providing rigorous oversight of the Department of Defense’s military operations in the Caribbean,’ Reps. Mike Rogers, R-Ala., and Adam Smith, D-Wash., who lead the House Armed Services Committee, said in a statement on Saturday. ‘We take seriously the reports of follow-on strikes on boats alleged to be ferrying narcotics in the SOUTHCOM region and are taking bipartisan action to gather a full accounting of the operation in question.’

Spokespeople for the committee did not respond to a request for comment from Fox News Digital regarding the nature of these additional oversight efforts. 

Additionally, the top Democrat on the Senate Foreign Relations Committee, Sen. Jeanne Shaheen, D-N.H., said Monday that she is calling for an investigation into the matter as well, and said that Hegseth ‘owes answers to the American people immediately.’

The Trump administration has carried out more than 20 strikes against alleged drug boats in Latin American waters, and has bolstered its military presence in the Caribbean to align with Trump’s goal to crack down on the influx of drugs into the U.S.

The White House also confirmed Monday that Trump is slated to hold a meeting on Monday evening to discuss future actions concerning Venezuela. 

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White House press secretary Karoline Leavitt said Monday that the Trump administration is ‘actively re-examining’ all the Afghan nationals who entered the United States during former President Joe Biden’s administration.

‘Any individual who threatens our national security or our citizenry will be subject to removal,’ Leavitt told reporters during a White House press briefing. ‘President Trump has already permanently paused the migration of foreign nationals from third world countries that pose a very high risk to the United States. For too long, past American presidents supported self-destruction, self-destructive immigration policies that allowed foreigners who outright hate our country and have no interest in assimilating into our culture.’

The announcement comes after the death of 20-year-old National Guardsman Sarah Beckstrom, who was allegedly shot in the nation’s capital last week by Rahmanullah Lakanwal, a 29-year-old Afghan national. 

A second National Guardsman, 24-year-old Air Force Staff Sgt. Andrew Wolfe, is still in the hospital and fighting for his life.

President Donald Trump told reporters aboard Air Force One Sunday that the Wolfe family are ‘unbelievably great people’ who want the public to pray for their son.

‘Sarah and Andrew are heroes, and we will never forget their sacrifice. That means ensuring the monster responsible for this atrocity is prosecuted to the fullest extent of the law, and faces the most severe punishment possible. It also means reckoning with why this atrocity was allowed to happen in the first place, so that it may never occur again,’ said Leavitt.

The U.S. Citizenship and Immigration Services also announced Friday that the federal agency would conduct a reexamination of all green card holders from so-called countries of concern.

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White House envoy Steve Witkoff is in Moscow is set to meet Russian President Vladimir Putin Tuesday after a whirlwind weekend of negotiations with Ukraine aimed at securing a peace deal.

All eyes are on Putin as Witkoff and Jared Kushner, President Donald Trump’s son-in-law and occasional foreign policy envoy, feel out whether Putin might agree to the 19-point proposal they finalized with Ukrainian counterparts following initial U.S.-Russian talks.

The latest round of diplomacy represents the most active push toward a potential settlement since the full-scale invasion in 2022, but negotiators acknowledge that significant obstacles remain. Core disputes over territory, Ukraine’s long-term security arrangements, and the conditions for any ceasefire are unresolved, and officials say progress will depend on whether Putin shows flexibility during this week’s meetings.

After an initial 28-point plan brokered by Witkoff and Russian envoy Kirill Dmitriev was viewed by Kyiv as too favorable to Moscow, U.S. and Ukrainian officials went back to the drawing board. They met in Geneva at the end of November to work through a trimmed-down version of the plan and again over the weekend in Florida to hammer out additional details.

Both sides said the talks were productive but offered no specifics on which issues still divide them.

‘So much work remains,’ Secretary of State Marco Rubio said after the meeting. ‘But today was again a very productive and useful session where I think additional progress was made.’

‘There’s a good chance we can make a deal,’ Trump said.

Despite the momentum, the two sides remain far apart. Several of the most sensitive issues were left for a meeting between principal leaders.

Russia insists Ukraine cannot join the North Atlantic Treaty Organization — even though Ukraine amended its constitution to make NATO membership a national objective. In the original 28-point plan, Russia also demanded Ukraine reduce its peacetime armed forces to 600,000.

European and Ukrainian officials instead floated an 800,000 cap, according to the Financial Times. Ukraine currently fields around 880,000 troops, up from about 209,000 before the 2022 invasion.

The largest impasse remains territorial concessions. A draft of the earlier proposal suggested recognizing Crimea and large parts of the Luhansk, Donetsk, Kherson and Zaporizhzhia regions as de facto Russian.

Complicating the process is the sudden removal of Ukrainian President Volodymyr Zelenskyy’s chief of staff and chief negotiator, Andriy Yermak, who resigned after a corruption probe led to a raid of his home. Yermak had publicly insisted days earlier that Ukraine would not give up land for peace. 

‘Not a single sane person today would sign a document to give up territory,’ he told The Atlantic magazine. 

Putin said at the end of November he was ready for ‘serious’ talks but also asserted that Russia has the upper hand and would halt fighting only if Ukrainian forces withdraw from territory it has recaptured on the front lines.

‘If they don’t withdraw, we will achieve this by force,’ he said.

Analysts say Washington still has levers it could use if negotiations stall, including tightening sanctions and expanding military assistance to Ukraine. But many of the most powerful economic measures — such as penalties on major Russian energy and financial entities — are already in place, and the U.S. has provided Ukraine with tens of billions of dollars in military aid since 2022. 

That leaves a narrower set of options if the talks reach an impasse.

Trump has voiced frustration with the slow pace of diplomacy in recent days, saying publicly that he believed a resolution ‘should have happened a long time ago,’ though officials have not indicated that Washington is preparing to walk away from the talks.

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The silver price hit a new all-time high on Monday (December 1), rising as high as US$58.83 per ounce.

The white metal’s rise continues a breakout that began on November 28 after CME Group (NASDAQ:CME) halted trading on the Comex, citing a ‘cooling issue’ at a CyrusOne data center located in a Chicago suburb.

All markets were open and trading by 5:46 a.m. PST that day, but the disruption raised concerns among traders — according to Reuters, the outage was one of the longest in years for CME Group.

Adding fuel to the fire on Monday were increased expectations for an interest rate cut from the US Federal Reserve.

The Fed’s next meeting is set to run from December 9 to 10, and while market participants were previously divided on whether another cut is coming, CME Group’s FedWatch tool now shows strong expectations for a reduction.

Target rate probabilities for December Fed meeting.

Chart via CME Group.

In addition to that, US President Donald Trump said on Sunday (November 30) that he has decided who the next Fed chair will be. While he didn’t give a name, people familiar with the news told Bloomberg that Kevin Hassett, director of the White House’s National Economic Council, is seen as the likely candidate.

Trump has frequently criticized current Fed Chair Jerome Powell for not lowering rates quickly enough, and Powell’s replacement is widely expected to be more in line with Trump’s views.

Speaking on CBS on Sunday, Hassett was relatively tight-lipped about the Fed chair position.

“I think that the American people could expect President Trump to pick somebody who’s going to help them have cheaper car loans and easier access to mortgages at lower rate,” he commented.

“That’s what we saw in the market response to the rumor about me.”

Silver price chart, November 30 to December 1, 2025.

Silver and its sister metal gold tend to fare better when rates are lower, meaning that December rate cut expectations coupled with the Hassett rumor have helped to stoke prices for the precious metals.

While silver is known for lagging behind gold before outperforming, it’s now ahead in terms of percentage gains — silver is up about 97 percent year-to-date, while gold has risen around 60 percent. The yellow metal broke back above US$4,200 per ounce on November 28 and stayed above that level on Monday, but remains below its all-time high.

In addition to rate-related factors, silver’s breakout this year has been driven by various elements.

As a precious metal, it’s influenced by many of the same factors as gold, but its October price jump, which took it past the US$50 level, was also driven by a lack of liquidity in the London market.

While that issue appears to have resolved, a new situation has recently emerged — Bloomberg reported on November 25 that Chinese silver stockpiles are now at their lowest level in a decade after huge shipments to London.

Tariff concerns and silver’s new status as a critical mineral in the US have also provided support in 2025.

The white metal’s industrial side also shouldn’t be forgotten — according to the Silver Institute, industrial demand for silver reached a record 680.5 million ounces in 2024, driven by usage in grid infrastructure, vehicle electrification and photovoltaics. Total silver demand was down 3 percent year-on-year in 2024, but still exceeded supply for the fourth year in a row, resulting in a deficit of 148.9 million ounces for the year.

Watch five experts share their thoughts on the outlook for silver.

Time will tell what’s next for silver, but some experts see it continuing to outperform gold in 2026.

‘The sure money is made in the gold sector, but the big money is made in the silver sector — that’s proven true over the last couple of precious metals cycles. I believe it will be true in this one as well,’ said Jay Martin of VRIC Media.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Zijin Mining Group (OTC Pink:ZIJMF) founder Chen Jinghe is stepping down after four decades at the helm, retiring as chairman and transitioning to honorary chairman and senior consultant.

According to a Bloomberg report, Chen’s retirement announcement came from a Saturday exchange filing, where he declined renomination to the board for “age and family reasons.” As of writing, the company has not yet chosen a successor.

Chen, a trained geologist, founded the company in the 1980s with a small gold deposit in southeastern China. Under his leadership, Zijin pursued an aggressive expansion strategy anchored on gold and copper, transforming a provincial operation into a global competitor.

The group’s market value surpassed US$100 billion for the first time this year, placing it behind only BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO,OTC:RTPPF) among publicly listed miners.

In the filing, Chen said it was “the best time to transition to a new leadership,” adding that a company with lasting success should evolve from being “founder-driven” to “institution-driven.”

The leadership change also caps a year shaped by both financial and organizational milestones.

In late September, Zijin’s Shanghai-listed shares closed at an all-time high, lifting its market capitalization to about US$132.4 billion and reinforcing its status as one of the most valuable mining companies globally.

Zijin Gold went public in Hong Kong in a blockbuster offering in late September after a one-day postponement caused by Super Typhoon Ragasa. Priced at HK$71.59 per share, the IPO raised nearly HK$25 billion, making it the world’s second-largest listing of 2025.

The stock soared more than 60 percent on its debut, buoyed by gold prices that hit new peaks on the same day. Spot gold touched a record (at the time) US$3,839.19 per ounce, extending a rally driven by safe-haven demand.

In 2024, Zijin produced 1.3 million ounces of gold, placing it ninth globally in estimated reserves.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

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SolGold (OTCPink:SLGGF,LSE:SOLG) has confirmed that it received and has once again rejected a preliminary, conditional, non-binding proposal from Jiangxi Copper (OTCQX:JIXAY).

Pitched at 26 pence (US$0.34) per ordinary share, the offer to acquire the entire issued and to-be-issued share capital of the company, was Jiangxi’s second attempt in recent weeks.

An earlier non-binding proposal on November 23 was unanimously rejected by SolGold’s board.

According to the company, its board has again decided to reject the proposal, citing confidence in the company’s standalone prospects.

“Shareholders are advised to take no action in relation to the proposal,” SolGold wrote. “A further announcement will be made when appropriate.”

Focused on discovering and developing world-class copper and gold deposits, SolGold holds a strong presence in Ecuador’s Andean copper belt.

Its flagship asset is the Cascabel project, located in the Imbabura province in northern Ecuador.

Cascabel’s February 2024 pre-feasibility study highlighted an average production of 123,000 tonnes per annum of copper, 277,000 ounces per annum of gold and 794,000 kilo ounces per annum of silver.

This comes with a 182,000 tonnes per annum copper equivalent, “with peak copper production of 216,000 tonnes per annum.”

Based on its updated mineral reserve estimate, the project holds 540 million tonnes (Mt) containing 3.2 Mt copper at 0.60 percent, 9.4 million ounces gold at 0.54 grams per tonne (g/t) and 28 million ounces silver at 1.62 g/t over an initial 28-year mine plan.

SolGold said that Cascabel is positioned to emerge as a top copper and gold mine in South America, holding potential to be among the top 20 in the world.

“We are dedicated to minimizing Cascabel’s carbon footprint, exploring strategies such as maximizing hydro-generation power and enhancing operational efficiency,” the statement read.

“SolGold is committed to pioneering carbon-neutral operations in large-scale copper concentrate mines, contributing to a greener global economy through proactive environmental stewardship.”

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

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Amar Subramanya joins as vice president of AI, reporting to Craig Federighi

Apple® today announced John Giannandrea, Apple’s senior vice president for Machine Learning and AI Strategy, is stepping down from his position and will serve as an advisor to the company before retiring in the spring of 2026. Apple also announced that renowned AI researcher Amar Subramanya has joined Apple as vice president of AI, reporting to Craig Federighi. Subramanya will be leading critical areas, including Apple Foundation Models, ML research, and AI Safety and Evaluation. The balance of Giannandrea’s organization will shift to Sabih Khan and Eddy Cue to align closer with similar organizations.

Since joining Apple in 2018, Giannandrea has played a key role in the company’s AI and ML strategy, building a world-class team and leading them to develop and deploy critical AI technologies. This team is currently responsible for Apple Foundation Models, Search and Knowledge, ML Research, and AI Infrastructure.

Subramanya brings a wealth of experience to Apple, having most recently served as corporate vice president of AI at Microsoft, and previously spent 16 years at Google, where he was head of engineering for Google’s Gemini Assistant prior to his departure. His deep expertise in both AI and ML research and in integrating that research into products and features will be important to Apple’s ongoing innovation and future Apple Intelligence features.

‘We are thankful for the role John played in building and advancing our AI work, helping Apple continue to innovate and enrich the lives of our users,’ said Tim Cook, Apple’s CEO. ‘AI has long been central to Apple’s strategy, and we are pleased to welcome Amar to Craig’s leadership team and to bring his extraordinary AI expertise to Apple. In addition to growing his leadership team and AI responsibilities with Amar’s joining, Craig has been instrumental in driving our AI efforts, including overseeing our work to bring a more personalized Siri to users next year.’

These leadership moves will help Apple continue to push the boundaries of what’s possible. With Giannandrea’s contributions as a foundation, Federighi’s expanded oversight and Subramanya’s deep expertise guiding the next generation of AI technologies, Apple is poised to accelerate its work in delivering intelligent, trusted, and profoundly personal experiences. This moment marks an exciting new chapter as Apple strengthens its commitment to shaping the future of AI for users everywhere.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, AirPods, Apple Watch, and Apple Vision Pro. Apple’s six software platforms — iOS, iPadOS, macOS, watchOS, visionOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, iCloud, and Apple TV. Apple’s more than 150,000 employees are dedicated to making the best products on earth and to leaving the world better than we found it.

NOTE TO EDITORS: For additional information visit Apple Newsroom ( www.apple.com/newsroom ), or email Apple’s Media Helpline at media.help@apple.com .

© 2025 Apple Inc. All rights reserved. Apple, the Apple logo, and Apple Intelligence are trademarks of Apple. Other company and product names may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251201260097/en/

Jacqueline Roy
Apple
jacqueline_roy@apple.com

News Provided by Business Wire via QuoteMedia

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Centurion Minerals Ltd. (TSXV: CTN) (‘Centurion’ or the ‘Company’) announces that the British Columbia Securities Commission, as principal regulator, has granted the Company a management cease trade order (the ‘MCTO’). As previously announced on November 14, 2025 and further clarified on November 27, 2025 (the ‘Announcement’), the Company applied for the MCTO due to a delay in the filing of its audited annual financial statements, management’s discussion and analysis and related certifications for the financial year ended July 31, 2025 (collectively, the ‘Required Filings’), which were due on November 28, 2025.

During the MCTO, the general investing public will continue to be able to trade in common shares in the capital of the Company listed on the TSX Venture Exchange (the ‘TSXV‘); however, the MCTO restricts the Chief Executive Officer and Chief Financial Officer from trading in the securities of the Company until such time the Required Filings have been filed by the Company and the MCTO has been lifted.

The Company and its auditor continue to work diligently toward completing the Required Filings as soon as possible. The anticipated delay was solely related to the payment of outstanding fees previously owed to its auditor in relation with the audit. These fees have since been paid, and the audit has commenced.

The Company currently expects that it will be in a position to file the Required Filings on or before January 27, 2026 and will issue a news release announcing completion of such filings once completed. Until the Company files the Required Filings, it will comply with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (‘NP 12-203‘). These guidelines require the Company to issue bi-weekly default status reports by way of a news release during the period of the MCTO. The Company confirms that since the date of the Announcement: (i) there has been no material change to the information set out in the Announcement that has not been generally disclosed; (ii) there has not been any other specified default by the Company under NP 12-203; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About Centurion Minerals Ltd.

Centurion Minerals Ltd. is a Canadian-based company with a focus on precious mineral asset exploration and development in the Americas. Centurion can earn a 100% interest in the Casa Berardi West Gold Project which is located in the prolific gold-producing, greenstone belt of the central Abitibi Subprovince of north-eastern Ontario.

‘David G. Tafel’
CEO and Director

For Further Information Contact:
David Tafel
604-484-2161

FORWARD-LOOKING INFORMATION

This news release contains ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking information‘) within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words ‘believes,’ ‘may,’ ‘plans,’ ‘will,’ ‘anticipates,’ ‘intends,’ ‘could’, ‘estimates’, ‘expects’, ‘forecasts’, ‘projects’ and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements about the expected filing of the Required Filings.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made including, without limitations, information based on the current status of the Required Filings and discussions with the auditor of the Company. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information, and there is no guarantee the Required Filings will be made on the timeline currently expected or at all. If the Required Filings are not filed on time or are subject to additional delays, the securities of the Company could be subject to a cease trade order or other actions taken by the securities regulators and/or the TSXV. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276559

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Humanoid robotics is rapidly advancing.

Driven by the convergence of technological innovation, evolving labor market demands and growing investor interest, the humanoid robotics industry is expanding at a rapid rate. A handful of humanoid robotics companies have announced initial public offerings in 2025, such as China’s Unitree and Singapore’s Otsaw, with more predicted in 2026.

Ark Invest CEO Cathie Wood said in October that humanoid robots “will be the biggest of all” artificial intelligence (AI) opportunities, highlighting their potential in transportation, healthcare and productivity enhancement.

Samimi discussed the impact AI integration has had on the robotics industry, challenges such as labor shortages and supply chain disruptions and how the firm evaluates opportunities within this nascent yet promising market.

Key trends in humanoid robotics

According to Samimi, recent trends in robotics include enhanced automation in the industrial and logistics sectors.

“We’re seeing a lot of new trends on foundation models and control stacks within the robotic sector, as well as new sorts of electronic assemblies to put all of these components together,” he explained, pointing to companies like Amazon (NASDAQ:AMZN), BMW (ETR:BMW,OTC Pink:BMWKY) and Mercedes-Benz Group (ETR:MBG,OTC Pink:MBGAF) as current adopters of humanoid robots in factories and warehouses.

Additionally, Samimi highlighted that recent battery advances have improved energy density, enabling longer robot operation for industrial and logistics tasks. Meanwhile, lighter, more efficient actuators enhance precision and energy use, supporting dynamic interaction and human collaboration.

Finally, advances in robotics control systems are powered by cutting-edge AI algorithms. Platforms like RideScan, a Humanoid Global portfolio company, harness continuous, independent AI-driven monitoring, risk scoring and anomaly detection to optimize robot performance. The company recently filed a patent in the UK for its core AI technology

Samimi added that safety and reliability remain critical focal points amid these technological advances.

Advances in algorithms, machine learning and operational intelligence systems are enabling comprehensive, scalable safety and maintenance solutions for robots deployed across different facilities, supported by digital twin technologies and a closed-loop data cycle for continuous improvement.

Addressing labor shortages via robotics

Labor shortages and constrained supply chains are accelerating innovation by prompting industrial sectors to adopt robotics to augment limited labor resources.

The 2025 MHI Annual Industry Report, a document that covers emerging disruptive technologies, confirms robotics is thriving amid labor shortages and rising complexity in logistics and manufacturing.

During the US-Saudi Investment Forum, Tesla (NASDAQ:TSLA) CEO Elon Musk made a bold prediction about the long-term effects of robotics and AI: work will become optional, and money will be obsolete.

“I don’t know what long term is — maybe it’s 10, 20 years or something like that,” Musk said, adding that there is still a lot of work to be done before society gets to that point.

In the meantime, the workforce will likely see more human-robot collaboration. Samimi said he has observed that humanoid robots and collaborative robots (cobots) are increasingly taking over repetitive manual tasks.

“Human labor now shifts to more, higher-value tasks, rather than moving a warehouse box or a palette from A to B. So we’re seeing somewhat of a shift (that’s) helping make labor more scalable and more productive, and really less dependent on that shrinking labor pool,” he said.

Resource-heavy and industrial sectors present strong opportunities for robotics, especially amid a limited labor pool. Areas like agriculture, mining, pharmaceuticals and lumber stand to benefit from automation and upskilling via robotics.

Robotics investment thesis and portfolio evaluation

Humanoid Global views its role not only as an investor, but also as an ecosystem builder, actively fostering collaboration and knowledge sharing across its portfolio companies.

By strategically connecting early stage innovators with mature industry players, Humanoid Global seeks to accelerate the global deployment and scale of humanoid robotics technologies.

The firm emphasizes balancing risk across a portfolio that includes both disruptive technology developers and companies closer to full commercial deployment, allowing for diversified exposure while driving integrated growth.

Companies are evaluated with a strong prioritization for teams with proven execution capabilities and sustainable technological moats, such as proprietary IP or unique data networks. Scalability and clear go-to-market strategies are equally important, as is a strong safety architecture embedded in the technology.

This approach highlights the importance of strategic relationships, market education and risk-managed growth in realizing the transformative potential of humanoid robotics.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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