cyprus-mail.com
Humanoid robot firm Boston Dynamics faces delayed public listing
Boston Dynamics, now a wholly owned subsidiary of Hyundai Motor Group, is unlikely to pursue an initial public offering next year, according to a senior Hyundai executive who declined to be named. The company has yet to deploy its flagship Atlas humanoid robot at scale and remains unprofitable, delaying a market debut despite investor enthusiasm that lifted Hyundai shares to record highs earlier this year. Hyundai acquired a controlling stake in 2021 and plans to build a [...]