Nexscient(R) Signs $6.2M Deal to Acquire Flipside AI, Pioneering Physical AI Data Expertise
Group 1 - Nexscient, Inc. is acquiring Flipside Digital Content Company, Inc. to strengthen its position in embodied AI data for Vision-Language-Action (VLA) models [1] - The global AI robotics market is projected to reach $125 billion by 2030, indicating significant growth potential in the industry [1] - The acquisition involves a total consideration of approximately $6.20 million, which includes $600,000 in cash, a $450,000 convertible promissory note, and 6,846,000 shares of Nexscient's restricted common stock [1]