Defense technology company Space-Eyes has agreed to go public through a merger with special purpose acquisition company McKinley Acquisition ​Corp in a deal valuing the combined business at $638 million, the companies said on Friday, confirming an earlier Reuters report.

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Technology Roundup

Technology Roundup

 

Eric Trump-backed defense technology company Space-Eyes to go public in $638 million SPAC deal 

 

Chime to cut 10% of total workforce on AI driven efficiencies, source says 

 

Apple set to lose nearly $500 billion in value after weak forecast 

 

Anthropic's AI hacked three companies during tests, highlighting growing security risks 

 

Eric Trump-backed defense technology company Space-Eyes to go public in $638 million SPAC deal, sources say 

 

EU in talks with OpenAI, Anthropic after rogue AI agent hacks 

 

Coinbase shares take hit on quarterly loss, analysts back diversification strategy 

 

MediaTek plans $5 billion financing for AI data-center chips 

 

Chinese military researchers tap US AI models to train defence systems 

 

Most Australian teens still on social media three months after under-16 ban began, study finds 

 

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