Lex Fridman, an accomplished AI researcher, MIT scientist and influential podcast host, is known to be well-informed regarding the most cutting-edge technological innovations.
Given he's interviewed a wide range of experts at the top of their fields, including Elon Musk, Jeff Bezos and Mr. Beast, it can be hard to impress him.
However, Boston Dynamics' Atlas Robot did just that, with Mr. Fridman posting on X "Congrats to Boston Dynamics on their new electric version of Atlas robot. Thanks to all the amazing engineering teams at Boston Dynamics, Tesla and others pushing the field of robotics forward!"
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The Atlas robot is described by Boston Dynamics as "the world's most dynamic humanoid robot… designed for real-world applications." A 39-second video the company published on YouTube showcasing its mobility drew significant attention, getting over 4.7 million views in just 7 days.
Investors interested in investing in the Atlas robot cannot do so directly as Boston Dynamics is not a public company. However, its parent company, Hyundai Motor Company HYMTF, is.
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The South Korean multinational car manufacturer has had a fantastic rise in its share price recently, with its stock up ~52% in the past year.
Meanwhile, investors in Tesla have not been so fortunate as of late, with its stock close to flat in the past year even after giving optimistic guidance in its most recent earnings.
While the company's revenue fell 9% in the first quarter, in part because of price cuts in an attempt to stimulate demand, Elon Musk provided an update that the company's Optimus robots could be ready for sale as soon as the end of 2025.
If so, it'd be welcome news for Tesla. While it remains to be seen if Tesla can execute, Musk has made Optimus a major focus of Tesla's future growth plans, even sharing his belief in 2022 that "Optimus ultimately will be worth more than the car business and worth more than full self-driving."
Hyundai's technological advancements provide reason to believe they're ready to compete in the emerging and exciting humanoid robotics space.
With labor costs soaring from inflation, companies looking to boost their bottom line by being more labor efficient will surely be rooting for the further success of Atlas and Optimus.
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