Tag Archives: Softbank

Hyundai Motor Group Buys Boston Dynamics from SoftBank

Posted on 22 June 2021 by Ken Zino

“By acquiring Boston Dynamics and securing a leading presence in the field of robotics, the Group takes another major step toward its strategic transformation into a Smart Mobility Solution Provider. To propel this transformation, the Group has invested substantially in the development of future technologies, including autonomous driving, artificial intelligence (AI), Urban Air Mobility (UAM), smart factories and robots,” said Hyundai Motor Group. Continue reading →

Posted in autonomous vehicles, milestones, mobility company | Tagged , , , , , | Leave a comment

Ride and Cost Sharing: Toyota, DENSO and SoftBank Vision Fund Invest $1 Billion in Uber’s Advanced Technologies Group

Posted on 19 April 2019 by Ken Zino

The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services. Under the terms, Toyota and DENSO will together invest $667 million and SVF will invest $333 million, valuing the new Uber ATG entity at $7.25 billion on a post-money basis. Continue reading →

Posted in autonomous vehicles, car sharing, electronics, engineering, mobility company | Tagged , , , , , , , , | Leave a comment