Hyundai aims for full control of Boston Dynamics

Acquisitions

Summary

Hyundai is considering buying SoftBank’s remaining stake in Boston Dynamics to take full control of the robotics company. The move would make Hyundai the sole owner after its earlier 2020 purchase of 80% of Boston Dynamics. Hyundai says full control would help it build an end-to-end development chain for physical AI and robotics, speeding up development, validation, and commercialization. The company also plans to scale Atlas humanoid robot production in the U.S. and deepen work with NVIDIA and Google DeepMind.

Classifications

industries
Fintech & Banking
applications
AI & Machine learning

AskAI Classifications

Labels
Robotics Software Industrial Automation Software Fleet Management Software

Linked Companies

Boston Dynamics
$50M to $100M
NVIDIA
$1B+
DeepMind
$100M to $250M