On December 13, 2013, the company was acquired by Google X (later X, a subsidiary of Alphabet Inc.)In June 2021, Hyundai Motor Group acquired a majority interest in Boston Dynamics and now holds an 80 percent stake in the company.TOKYO, June 21 (Reuters) – SoftBank Group Corp (9984. T) , opens new tab said on Monday South Korea's Hyundai Motor Group had completed the acquisition of robotics firm Boston Dynamics from the Japanese conglomerate.

Why did Hyundai buy Boston Dynamics : Hyundai Motor Group's decision to acquire Boston Dynamics is based on its growth potential and wide range of capabilities. “Wide range of capabilities" we get, but that other phrase, “growth potential," has a heck of a lot wrapped up in it. At the moment, Boston Dynamics is nowhere near profitable, as far as we know.

How much did Google sell Boston Dynamics for

Hyundai is acquiring an 80 percent stake in Boston Dynamics in a deal valuing the company at $1.1 billion. Softbank will retain a 20 percent stake. Boston Dynamics was spun out of MIT as a private company in 1992 and survived for a long time on military contracts.

Who is the largest shareholder of Boston Dynamics : Boston Dynamics doesn't have its own stock. It's a private company owned by Hyundai (80%) and Softbank (20%), so you can't invest directly in its stock. However, you can buy shares of its majority owner, Hyundai.

Though the machines look like sci-fi villains, Google once saw in them an opportunity, snatching up the start-up for an undisclosed amount in 2014. But the robots now have a new owner. Google's parent company, Alphabet Inc., sold Boston Dynamics to SoftBank Group Corp.

CEO Robert Playter

Boston Dynamics CEO Robert Playter: Atlas represents “our newest generation of what's been an almost 15-year effort in developing humanoids.” Boston Dynamics has just introduced a new Atlas humanoid robot, replacing the legendary hydraulic Atlas and intended to be a commercial product.

Why did SoftBank sell Boston Dynamics

Hyundai wanted to invest in more "mobility solutions," and Softbank was able to flip Boston Dynamics for a tidy profit. The acquisition is pretty exciting for Boston Dynamics. While the company has been churning out industry-leading robotics work for years, it has all been pure research.Boston Dynamics' weak resource base and lack of commercial experience are additional risks in their (commercial) market failure journey. Boston Dynamics' second-to-market is Unitree Robotics, founded in China in 2017, which launched a direct competitor to Spot — its A1 robot dog.But Boston Dynamics, which was acquired by Google in 2013 and sold to SoftBank in 2017, was in the process of transforming into a full-fledged product company. The goal was to provide robots to clients and customers commercially, and the company's 2021 acquisition by Hyundai Motor Group sealed the strategy.

Boston Dynamics is the global leader in developing and deploying highly mobile robots capable of tackling industry's toughest challenges.

Is Atlas a real robot : Meet Atlas

The world's most dynamic humanoid robot, our fully electric Atlas robot is designed for real-world applications.

What gender is Atlas : male

Atlas is a primarily male name usually given in reference to the character from Greek mythology. It has increased in usage in recent years for both boys and girls in the United States along with other mythological names, but is still more used for boys.

Is Atlas the most advanced robot

Atlas was the most agile humanoid in existence until it retired in 2024. This version, known as HD, or hydraulic, Atlas, used whole-body skills to move quickly and balance dynamically. It could lift and carry objects like boxes and crates, but its favorite tricks were running, jumping, and doing backflips.

Atlas is a gender-neutral name of Greek origin.Type of Villain

Atlas is the overarching antagonist of the 2023 film Shazam! Fury of the Gods. He was the aggressive and tyrannical father of Kalypso, Anthea and Hespera. However, his realm was destroyed by a previous hero who once had Shazam's powers.

Why was Atlas punished : Why was Atlas forced to carry the world Atlas was forced by Zeus to carry the heavens upon his shoulders. This served as punishment for leading the Titan rebellion against Zeus in the Titanomachy.