Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth SlowsRead more

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SoftBank Sells Robot-Maker Boston Dynamics to Hyundai Motor

By
Shai Oster
· · Source: Reuters

SoftBank is selling Boston Dynamics, whose robot dog Spot became a viral sensation, to South Korean carmaker Hyundai Motor and its chairman. Hyundai would buy the tech company, which was spun out of M.I.T., and bought by Google before it was acquired by SoftBank, for as much as $828 million, Reuters reported, and is the latest step as SoftBank pulls back from operating businesses to focus on...

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