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Hyundai is reportedly in talks to buy Boston Dynamics

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Boston Dynamics, the robotics firm behind nightmare-fuel products like Spot, could also be headed to Hyundai, Bloomberg reports. Sources say that present proprietor Softbank is in talks with the Korean automaker. The deal may very well be price as much as $1 billion, although Bloomberg notes that nothing is finalized but, and the deal may finally crumble. Hyundai might appear to be a shocking guardian at first in the event you’re solely aware of its vehicles, however the firm additionally has an entire group focused on industrial robotics, the place Boston Dynamics’ know-how would match properly. And Hyundai isn’t any stranger to diving into burgeoning know-how — it simply introduced its New Horizons Studio for futuristic ideas.

As PJDM notes, Boston Dynamics has centered extra on commercializing its know-how after changing into a part of SoftBank in 2017. The corporate was initially spun out from MIT within the ‘90s, and it was bought by Google in 2013, the place it primarily continued its analysis work. A transfer to Hyundai may push the corporate to commercialize much more of its know-how. And in the event you’ve bought a spare $75,000, you may already nab a Spot robot dog of your personal.

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PJ is the Digital Marketer & Founder of PJ Digital Marketing, has involved in this field from 2010 onwards. Also the owner of a few more sites in different fields.