Share story
Robotics

Hyundai weighs dealer sales and financing for robots

Hyundai weighs dealer sales and financing for robots Image: Primary
Hyundai Motor Group is considering using its automobile dealer network to sell humanoid and quadruped robots, according to comments by CEO Jose Munoz at an investor event. The company is also examining financing options for the machines through Hyundai Capital. The report says Hyundai plans a factory capable of producing 30,000 Atlas humanoid robots annually by 2028 and aims to begin using Atlas at its Georgia factory that year. The dealer-sales concept remains a future plan, with high robot prices identified as a hurdle.
Sources
DonanımHaber
Published by Tech & Business, a media brand covering technology and business. This story was sourced from DonanımHaber and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
AI Products
AI Products

Tencent plans about $5 billion bond offering to help fund AI spending

Tencent told fixed-income investors Monday that a planned bond offering of about $5 billion would help finance AI-related capital expenditures, Bloomberg reported, citing people familiar with the matter. The offering would provide...

Bloomberg Technology
Products Security
Products Security

IonQ agrees to acquire Elisity for up to $1.3 billion in stock

Quantum computing firm IonQ has agreed to acquire Elisity for as much as $1.3 billion in an all-stock transaction, Bloomberg reported. The deal is intended to expand IonQ's cybersecurity platform to address dangers assisted by art...

Bloomberg Technology
Security
Security

CloudConnect CRM flaw reportedly allows data theft without a login

Attackers are exploiting a CloudConnect vulnerability to remotely access and steal customer data and internal business records without logging in, The Tech Edvocate reported. The flaw in the cloud platform, which businesses use to...

The Tech Edvocate
Science AI
Science AI

Researchers demonstrate AI detection of rabies in cell cultures

Researchers at the University of Surrey and the Animal and Plant Health Agency developed an AI workflow that detects rabies infection in cell cultures and measures antibody concentrations. In a study published in Scientific Report...

Phys.org