It’s planning to speed up the commercialization of Boston Dynamics’ Atlas humanoid robotic, Bloomberg says.
Hyundai is making ready to accumulate Softbank’s remaining stake on Boston Dynamics, in line with Bloomberg. The Korean automaker purchased an 80 percent stake on the robotics firm again in 2020, whereas Softbank retained a 20 % stake. Hyundai is now reportedly reviewing its contractual rights and obligations earlier than snapping up Softbank’s remaining 9.9 % stake valued roughly at $325 million. If the deal pushes by means of, Hyundai may have full possession of Boston Dynamics.
As Bloomberg notes, the acquisition may very well be a large windfall for Hyundai, as firms transfer in direction of the event of physical AI products. If and when it will get full management of Boston Dynamics, Hyundai intends to construct an end-to-end AI robotics chain. “By this built-in strategy, the group goals to speed up the event, validation and commercialization of Bodily AI applied sciences and robotics options,” Hyundai advised Bloomberg in a press release.
The corporate’s plans focus on Boston Dynamics’ Atlas humanoid robotic. At CES earlier this yr, the robotics agency presented a production-ready model of the machine after years of testing it and even forcing it to dance in its movies. Extra not too long ago, Atlas made an appearance on the FIFA World Cup, strolling down the participant tunnel and handing over the match ball to a referee.
Hyundai is constructing and persevering with the event of Atlas with NVIDIA and Google DeepMind as its companions. It is hoping to begin producing Atlas at its plant in Georgia someday in 2028 and to ultimately manufacture as many as 30,000 humanoid machines yearly. To begin with, Atlas robots will tackle easy duties, akin to logistics and welding, however Boston Dynamics expects them for use for extra advanced manufacturing and element meeting processes by 2030.
