The next 12 months might be the period when the dreaded “robot apocalypse” swings into effect, as Japanese-based SoftBank, has reportedly invested an additional $37 million into next-generation robotics company Boston Dynamics. Boston, which was founded in 1992 out of the Massachusetts Institute of Technology (MIT), was acquired by SoftBank in July 2017 from Alphabet, the parent company of Google, in a $100 million transaction. SoftBank’s Acquisition The acquisition was majorly seen as a play by SoftBank’s founder and CEO Masayoshi Son to capitalize on what he saw as a prospective surge in demand for advancement in robotics. According to The post Boston Dynamics, Maker of Scary Fast Robots, Raises $37 Million from Uber’s Biggest Shareholder; Sales to Begin in 2019 appeared first on CCN
