philip lelyveld The world of entertainment technology

22Jun/21Off

Hyundai now owns robot dog maker Boston Dynamics

Hyundai has sealed its acquisition of Boston Dynamics as it pushes further into the field of robotics. The Korean carmaker now owns an 80 percent stake in the company known for its commercially available robo-dog, Spot, valuing it at $1.1 billion. Hyundai's grand plan for the company is to create a "robotics value chain" that spans robot component manufacturing, construction and automation. While the company has been exploring Star Wars-style walking vehicles that rely on robotics, it seems it's just as interested in Boston's automated warehouse workers.

See the full story here: https://www.engadget.com/hyundai-boston-dynamics-acquisition-114044490.html

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