Boston Dynamics valuation jumps 20-fold on humanoid hype

Boston Dynamics, the robotics arm of Hyundai Motor Group, has seen its estimated valuation increase over twentyfold in roughly five years to around 30 trillion won ($20 billion), reflecting growing investor enthusiasm for humanoid robotics and automation. According to a business report filed by Hyundai Glovis on Wednesday, the group’s logistics unit invested an additional 89.1 billion won in Boston Dynamics last year. As a result, Hyundai Glovis’ stake in the Boston-based robotics company increa

By The Korea Herald