Hyundai, Boston Dynamics Invest $400 Million To Make Robots Smarter

Hyundai Motor Group and Boston Dynamics announced the launch of the Boston Dynamics AI Institute. The research-first organization's goal is to make fundamental advances in artificial intelligence (AI), robotics, and intelligent machines. As an initial investment, Hyundai and Boston Dynamics make an initial investment of over $400 million in the new Institute, which will be led by Marc Raibert, founder of Boston Dynamics. With a pool of elite talent in AI, robotics, machine learning, software, and engineering, the Boston Dynamics AI Institute wants to develop future generations of intelligent machines. Combining the best features of university research labs and corporate development labs, the Institute will be working in four core technical areas: cognitive AI, athletic AI, and organic hardware design, as well as ethics and policy.