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  • Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy homecnbc.com· 10h

    CNBC reports that Foundation, an Eric Trump-backed maker of military humanoid robots, has failed to pay employees since missing its Oct. 30, 2026 payroll as cash dwindled, and that people familiar with the matter say CEO Sankaet Pathak borrowed $4.6 million from the firm in 2025 to buy a luxury home. The article notes Pathak is the company's sole board member, a concern for prospective investors, and that his previous company Synapse collapsed in 2024.

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