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Hyundai eyes full ownership of Boston Dynamics
Original from KoreaHerald.com: Hyundai eyes full ownership of Boston Dynamics

Hyundai eyes full ownership of Boston Dynamics

Hyundai Motor Group is exploring a potential deal to exchange its artificial intelligence research division in the United States for SoftBank's remaining 9.65 percent stake in Boston Dynamics. This move, reported on Thursday, aims to grant Hyundai full ownership of the robotics company ahead of its anticipated initial public offering. If the transaction is finalized, Boston Dynamics would become a wholly owned subsidiary of Hyundai, enhancing the automaker's capabilities in robotics and AI technology. The strategic shift reflects Hyundai's commitment to expanding its portfolio in advanced technologies as it prepares for future market opportunities.

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