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SoftBank is up for selling Boston Dynamics

For sale: robot dogs, never used.


Boston Dynamics, the maker of humanoid and dog-shaped robots that rack of millions of views on YouTube, is apparently up for sale, according to a report from Bloomberg. Its current owner, SoftBank, is in talks to sell to Hyundai, which currently makes industrial robots.

Boston Dynamics was sold to SoftBank by Alphabet back in 2017 because of concerns that the 28-year-old company was not making any money and its giant robots were seen as "terrifying." Since then, the Japanese telco has attempted to push the Massachusetts bot-maker to find profitable uses for its machines. Its Spot dog-shaped robots went on sale for $74,500 earlier this summer, and there have been attempts to find uses for them during the pandemic, such as remote vitals-scanning machines and a social-distancing hall monitor.

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Rick Lazio
Rick Lazio is currently a senior vice president at alliantgroup and is a former U.S. Representative from New York. After Congress, Rick moved to the private sector working for JPMorgan Chase as a managing director and then executive vice president.
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