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Hyundai takes full control of Boston Dynamics as SoftBank exits for $325 million
(startupfortune.com)
This is a most excellent place for technology news and articles.
3 billion valuation sounds low. Is Tesla more likely to deliver?
Does their CEO even DO Ketamine? How many outlandish promises have they made recently? Have we even seen ONE "Roman" salute at a government function?
How are we even supposed to determine a valuation?
I used to work across the street from Boston Dynamics and would regularly see them testing robots in their parking lot & surrounding grassy/hilly areas. At one point they actually gave a bunch of folks in my company a tour of their labs. I still keep tabs on them from time to time because I find what they do absolutely amazing.
From what I’ve seen of the past 15 years or so of watching them I believe that Boston Dynamics is well in front of Tesla when it comes to robotics. Especially when you see gaffes by Tesla like that video that seems to show their robot was actually being controlled by a person wearing a VR headset.
Thats definitely not a valuation youd expect for a company that had any chance of delivering. General purpose humanoid robots are the other half of the AI-singularity-permanent oligarchy vision: data centers to replace knowledge workers and robots to replace physical labor, then...I dont know, fly off to Mars or something?
Anyway, if there was a chance they were close to producing a robot that could actually function as a human analog they should be pushing a trillion dollar valuation in this market.
You assume that the market is rational. I think we left that road some decades ago.
The market is people. People have never been rational.