Wire
PlusAI targets 2027 truck launch in $800M SPAC deal
PlusAI announced a proposed SPAC merger valuing it at roughly $800 million pre-money and potentially delivering up to $300 million in capital. In its business-combination announcement, the company says its HyperFoundry platform has generated $25 million in revenue and its SuperDrive factory-built autonomous-truck launch targets 2027. Fleet operators should file this as a financing milestone, not deployment proof: approvals and commercial autonomy remain the next gates, as physical-AI funding records make clear.