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Hyundai Motor Group to acquire controlling interest in mobile robot firm Boston Dynamics

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Hyundai Motor Group will acquire a controlling interest in the mobile robot firm Boston Dynamics from Softbank in a deal that values Boston Dynamics at $1.1 Boston Dynamics is the established leader in developing agile, mobile robots that have been successfully integrated into various business operations. Hyundai Mobis Co.

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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. Over the coming years, Boston Metal plans to expand the new method for steel production on an industrial scale.

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Hyundai Motor Group launches $400M Boston Dynamics AI Institute

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Hyundai Motor Group has launched the Boston Dynamics AI Institute , with the goal of making fundamental advances in artificial intelligence (AI), robotics and intelligent machines. Hyundai Motor Group acquired an 80% controlling interest in Boston Dynamics in 2021. Earlier post.). Earlier post.).

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Hyundai Motor Group completes acquisition of 80% of Boston Dynamics from Softbank

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Hyundai Motor Group, Boston Dynamics, Inc. announced the completion of Hyundai’s acquisition of a controlling interest in Boston Dynamics from SoftBank, following the receipt of regulatory approvals and other customary closing conditions. and SoftBank Group Corp. The deal valued the mobile robot firm at $1.1

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Founder of Li-ion maker Boston-Power resigns

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Li-ion battery maker Boston-Power, Inc. —Boston-Power Chairman and Acting CEO Sonny Wu. Dr. Lampe-Onnerud founded Boston-Power in 2005 and the company has filed 150 patents. Tony Shen recently joined Boston-Power as the Chief Financial Officer.

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Vale joins Boston Metal Series B; developing MOE for emissions-free steel

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Boston Metal, an MIT spin-off working to commercialize molten oxide electrolysis (MOE) for emissions-free metals and alloys production, announced that Vale and Energy Impact Partners have joined its Series B fundraising, closely following a $50M close announced in January. —Tadeu Carneiro, Chairman and CEO of Boston Metal.

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Li-ion maker Boston-Power adds $30M in funding; China expansion

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Boston-Power, Inc. Long-standing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated. '. Boston-Power recently broke ground on its new manufacturing site in Liyang. Concurrently, Boston-Power is establishing an R&D and EV battery engineering facility in Beijing.

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