<story><title>Hyundai acquires controlling stake in Boston Dynamics for $880M</title><url>https://finbold.com/hyundai-acquires-controlling-stake-in-u-s-robotics-firm-boston-dynamics-for-880-million/</url></story><parent_chain></parent_chain><comment><author>eric4smith</author><text>These are one of the few times I can say that I don&amp;#x27;t care if Boston Dynamics are making money as yet.&lt;p&gt;Boston Dynamics are one of the few real serious players in the robotics space worldwide doing deep R&amp;amp;D.&lt;p&gt;Hyundai are basically paying for the BD Labs research. And they are well positioned to reap the products and techniques from the lab with their own manufacturing and engineering prowess and experience over the next decade.&lt;p&gt;And it won&amp;#x27;t be walking dogs.&lt;p&gt;It will be things like a little flexi-joint in a car that you buy without knowing (or caring) it&amp;#x27;s in there. Or some industrial machine that Hyundai builds that gives them a 5% competitive edge in the manufacturing of it that 99.9999% of us never hear about.&lt;p&gt;But for that it&amp;#x27;s worth it.&lt;p&gt;Very happy to see people put good money into this Lab.</text></comment>
<story><title>Hyundai acquires controlling stake in Boston Dynamics for $880M</title><url>https://finbold.com/hyundai-acquires-controlling-stake-in-u-s-robotics-firm-boston-dynamics-for-880-million/</url></story><parent_chain></parent_chain><comment><author>jmcgough</author><text>They&amp;#x27;ve gone from Google -&amp;gt; Softbank -&amp;gt; Hyundai in a few years.&lt;p&gt;Does anyone know where their revenue is coming from currently? For all the flashy videos they put out, you so rarely see them that I&amp;#x27;m not sure if they&amp;#x27;re just doing well on the B2B side (warehouse automation? military contracts?), or if they&amp;#x27;ve been in the red for the last decade.</text></comment>