FOCUS: Hyundai Motor steps up physical AI push amid Chinese competition, stock slump

Kyodo News
Read the full article
Hyundai Motor Group is intensifying its investment in robotics and physical AI to counter competition from Chinese automakers and address profitability challenges amid a stock price decline. Despite initial enthusiasm following Boston Dynamics' humanoid robot reveal, investor confidence has waned due to weak earnings and delayed profitability in robotics. Hyundai is focusing on AI-driven factory automation and logistics to enhance manufacturing efficiency and reduce costs.

More on this story


More in Industry & Manufacturing

Germany signs AI partnership with Nvidia at Berlin investment summit

The Next Web

Microsoft pulls out of AI datacentre project in Essex over power supply concerns

Covered by 5 sources