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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.

The DIY Ballot

...This story is a good one to lead with, I think, because that banana is sort of like democracy, and that Baskin-Robbins is a lot like our government. They are always advertising something, but they always seem to be out of it. They tell us about all these voting rights we are supposed to have, for instance, but when you get to the polls, they are always fresh out.

Strait of Hormuz - Analysis

The U.S. president can move markets with a sentence. He can hint at talks, hint at peace, hint at imminent success, and each of those hints can put downward pressure on oil. Tehran can threaten, but Trump has the larger megaphone, the larger navy, and the stronger balance sheet.

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