Boston Dynamics to Unveil New Atlas Robots at CES

• Boston Dynamics will unveil its next-generation Atlas humanoid robots at CES
• Hyundai plans to outline specific strategies for accelerating AI robotics commercialization
• The move represents Hyundai's broader push into robotics following its acquisition of Boston Dynamics

Boston Dynamics to Showcase Next-Gen Atlas Robots at CES

Hyundai Motor Group announced Monday that it will present strategies to accelerate AI robotics commercialization at the upcoming Consumer Electronics Show (CES). The company's robotics subsidiary, Boston Dynamics, will debut its next-generation Atlas humanoid robots at the event.

The announcement signals Hyundai's continued push into the robotics sector following its acquisition of Boston Dynamics in 2021 for $1.1 billion. Atlas, Boston Dynamics' advanced humanoid robot, has gained attention for its agility and ability to perform complex movements, positioning it as a potential solution for industrial and commercial applications.

Key Market Implications:

• Demonstrates Hyundai's commitment to diversifying beyond traditional automotive manufacturing into high-tech robotics
• Positions the company to capitalize on the growing industrial automation and AI robotics market
• The CES unveiling suggests commercial deployment may be approaching, potentially opening new revenue streams

The robotics market is experiencing significant growth, with humanoid robots expected to play an increasing role in manufacturing, logistics, and service industries. Hyundai's integration of Boston Dynamics technology could provide competitive advantages in both its automotive operations and as a standalone robotics business.

Additional Market Note: In unrelated news, Citigroup announced it will sell its remaining Russian operations (AO Citibank) to Renaissance Capital, resulting in a pre-tax loss of approximately $1.2 billion in the current quarter, as the bank continues its exit from the Russian market.