Hyundai Takes Full Control of Boston Dynamics as SoftBank Cashes Out

Hyundai Motor Group has acquired the remaining stake in robotics firm Boston Dynamics, with SoftBank exiting its position for a reported $325 million. The move consolidates ownership of one of the most recognizable names in advanced robotics under the South Korean automaker, which first took a controlling interest in the company several years ago.

For Hyundai, full ownership tightens the link between its automotive and mobility ambitions and Boston Dynamics’ expertise in legged and humanoid robots — work that increasingly overlaps with AI-driven automation, manufacturing, and logistics. SoftBank’s departure marks another step in its pattern of rotating out of hardware-heavy bets to redeploy capital elsewhere.

The deal signals continued consolidation in the robotics sector as carmakers and industrial players race to fold physical automation and embodied AI into their long-term strategies, betting that humanoid and mobile robots move from demo reels to deployed products.