Spot The Robot Dog Gets A New Owner As Hyundai Completes Acquisition Of Boston Dynamics
According to a recent Bloomberg report, Alphabet sold Boston Dynamics to SoftBank in 2017 for about $165 million, but it was costing it $150 million annually in operation costs, and by late 2020 was in talks to sell the business to Hyundai. In December, Hyundai announced a $1.1 billion deal to buy an 80% controlling interest in Boston Dynamics. SEE: Building the bionic brain (free PDF) (TechRepublic) Boston Dynamics is perhaps best know for its robotic dog, Spot, which was made commercially available last year....