Alphabet to sell its promising robotics division

Andre Yoskowitz
17 Mar 2016 22:25

According to a new report, Google parent Alphabet is looking to sell its promising robotics division, Boston Dynamics.
The company is apparently looking to focus on more immediate revenues and the robotics division is years if not decades away from bringing in stable cash flow.
Allegedly, there have also been issues between the Boston Dynamics team and the rest of Google's robotics engineers around the world, and Alphabet has begun to see that humans are not necessarily ready for robots to take over the world, making the division a liability across the board.
Some sources speculate that Amazon or Toyota could be interested in buying the division, although there has been no confirmed interest from any potential buyers.
Source:
Bloomberg

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