Hyundai to to set up AI research center in U.S.

Asian Tech Press (Aug 12) -- South Korea's Hyundai Motor Group will establish an artificial intelligence research institute in the United States.

Hyundai announced Friday that the group will establish an artificial intelligence & robotics institute in the United States, strengthening its position as a provider of smart mobility solutions while enhancing its competitiveness in future industries such as robotics and autonomous driving.

The group will establish the AI institute in Cambridge, Massachusetts, a metropolitan area of the United States, with $424 million in funding from Hyundai Motor Co., Kia Corp. and Hyundai Mobis Co., Hyundai's three key auto affiliates.

Boston Dynamics, an engineering and robotics design company that the South Korean conglomerate acquired in theU.S. last year, will also hold a small stake in the institute.

The new institute will prioritize the development of basic technologies for next-generation robots by developing technologies such as motor intelligence and cognitive functions, while pushing the limits of robot manipulability through externally collected data.

In addition, the AI institute plans to develop artificial intelligence models that will improve the versatility of robots.

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