Hyundai is set to acquire SoftBank's remaining 20 percent stake in Boston Dynamics, aiming for full ownership. This move is intended to accelerate the development and commercialization of the Atlas humanoid robot and establish an end-to-end AI robotics chain. Hyundai plans to produce 30,000 Atlas units annually by 2028, targeting logistics and manufacturing tasks.
Hyundai is moving to acquire the remaining stake in Boston Dynamics from SoftBank, which currently holds 20%. This follows Hyundai's earlier acquisition of an 80% stake in 2020. The deal, valued at approximately $325 million, is being reviewed before finalizing the purchase.
The acquisition will allow Hyundai to focus on the commercialization of the Atlas humanoid robot. Boston Dynamics has recently showcased a production-ready version and has integrated the robot into high-profile events, such as the FIFA World Cup.
Hyundai plans to start producing Atlas robots at its Georgia facility by 2028, aiming for an output of 30,000 units per year. Initial applications for Atlas include simple logistics and welding tasks with plans to expand into more complex manufacturing processes by 2030.
Hyundai is collaborating with NVIDIA and Google DeepMind to enhance the capabilities of the Atlas robot. This integrated approach is expected to accelerate the development of physical AI technologies and robotics solutions.
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Hyundai is set to acquire SoftBank's remaining 20 percent stake in Boston Dynamics, aiming for full ownership. This move is intended to accelerate the development and commercialization of the Atlas humanoid robot and establish an end-to-end AI robotics chain. Hyundai plans to produce 30,000 Atlas units annually by 2028, targeting logistics and manufacturing tasks.