Auto concern Hyundai announced about the creation of the Boston Dynamics AI Institute Foundation to advance research in the field of artificial intelligence and robotics.
The organization will be led by Boston Dynamics founder Mark Raibert, who stepped down as CEO at the end of 2019. The headquarters of the institute will be located in Cambridge (Massachusetts, USA).
“Our mission is to create future generations of advanced robots and intelligent machines that are smarter, more flexible, more insightful and safer than anything that exists today,” Raibert said.
The institute will focus on creating easier-to-use and more productive robots capable of performing a wide range of tasks, he said.
Hyundai plans to invest about $400 million in the organization. The company noted that they are actively hiring researchers and engineers to join the team in Cambridge.
Recall that in May, Hyundai announced plans to invest $ 5 billion in the development of artificial intelligence, autonomous vehicles and robotics.
In June 2021, the automaker acquired an 80% stake in Boston Dynamics for $1.1 billion.
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Auto concern Hyundai announced about the creation of the Boston Dynamics AI Institute Foundation to advance research in the field of artificial intelligence and robotics.
The organization will be led by Boston Dynamics founder Mark Raibert, who stepped down as CEO at the end of 2019. The headquarters of the institute will be located in Cambridge (Massachusetts, USA).
“Our mission is to create future generations of advanced robots and intelligent machines that are smarter, more flexible, more insightful and safer than anything that exists today,” Raibert said.
The institute will focus on creating easier-to-use and more productive robots capable of performing a wide range of tasks, he said.
Hyundai plans to invest about $400 million in the organization. The company noted that they are actively hiring researchers and engineers to join the team in Cambridge.
Recall that in May, Hyundai announced plans to invest $ 5 billion in the development of artificial intelligence, autonomous vehicles and robotics.
In June 2021, the automaker acquired an 80% stake in Boston Dynamics for $1.1 billion.
Subscribe to Cryplogger news in Telegram: Cryplogger AI – all the news from the world of AI!
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