therobotreport.com
SoftBank agrees to acquire Robotics and AI Institute
SoftBank Group Corp. has agreed to acquire the Robotics and AI Institute (RAI) from Hyundai Motor Group, a move that has entered review by the U.S. Committee on Foreign Investment (CFIUS). RAI, based in Cambridge, Massachusetts, was founded in 2022 after Hyundai’s purchase of Boston Dynamics and has received over $400 million in initial funding. The institute specializes in robot control, perception, manipulation, navigation, and AI, developing technologies such as the whole‑body learning framework used in Boston Dynamics’ [...]