"When you go around research labs, or you talk to start-ups, they have really good sensors, and then you ask them how long they work. They say 'six months'. That's great for R&D... but in industry, I want this robot to work for 10 years," he says.
The $111 billion deal will see Paramount own 100 percent of WBD and value the company at $31 per share. The deal has "unanimously approved" by both company boards, but still has to get the green light from U.S. and European regulators. It's worth noting that Paramount sees the merger as "expected to close in Q3 2026", so it may be a while off yet.
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