2025q2-issue

Hyundai takes full control of Boston Dynamics as SoftBank exits for $325 million

Hyundai Motor Group is acquiring SoftBank's remaining 9.65% stake in Boston Dynamics for $325 million, completing its full ownership of the robotics company. The deal closes as Boston Dynamics' Atlas humanoid robot enters commercial deployment and the broader humanoid race intensifies against Tesla Optimus and Figure AI. SoftBank exits to redeploy capital toward its $41 billion OpenAI bet and AI infrastructure.

Entertainment

Markets & Trading.

Hyundai takes full control of Boston Dynamics as SoftBank exits for $325 million

Hyundai Motor Group is acquiring SoftBank's remaining 9.65% stake in Boston Dynamics for $325 million, completing its full ownership of the robotics company. The deal closes as Boston Dynamics' Atlas humanoid robot enters commercial deployment and the broader humanoid race intensifies against Tesla Optimus and Figure AI. SoftBank exits to redeploy capital toward its $41 billion OpenAI bet and AI infrastructure.

.^.

Simplenews subscription

The subscriber's email address.
Manage your newsletter subscriptions
Select the newsletter(s) to which you want to subscribe.
Stay informed - subscribe to our newsletter.

oWo