Hyundai and Boston Dynamics unveil humanoid robot Atlas at CES

Hyundai-owned Boston Dynamics publicly demonstrated its humanoid robot Atlas for the first time Monday at the CES tech showcase, ratcheting up a competition with Tesla and other rivals to build robots that look like people and do things that people do.

“For the first time ever in public, please welcome Atlas to the stage,” said Boston Dynamics' Zachary Jackowski as a life-sized robot with two arms and two legs picked itself up from the floor at a Las Vegas hotel ballroom.

It then fluidly walked around the stage for several minutes, sometimes waving to the crowd and swiveling its head like an owl. An engineer remotely piloted the robot from nearby for the purpose of the demonstration, though in real life Atlas will move around on its own, said Jackowski, the company’s general manager for humanoid robots.

The company said a product version of the robot that will help assemble cars is already in production and will be deployed by 2028 at Hyundai's electric vehicle manufacturing facility near Savannah, Georgia.

The South Korean carmaker holds a controlling stake in Massachusetts-based Boston Dynamics, which has been developing robots for decades and is best known for its first commercial product: the dog-like robot called Spot. A group of four-legged Spot robots opened Hyundai's event Monday by dancing in synchrony to a K-pop song.

Hyundai also announced a new partnership with Google's DeepMind, which will supply its artificial intelligence technology to Boston Dynamics robots. It's a return to a familiar partnership for Google, which bought Boston Dynamics in 2013 before selling it to Japanese tech giant SoftBank several years later. Hyundai acquired it from SoftBank in 2021.

It's rare for leading robot makers to publicly demonstrate their humanoids, in part because fumbles attract unwanted attention — such as when one of Russia's first humanoids fell on its face in November. Robotics startups typically prefer to show off their research prototypes in videos on social media, offering them the opportunity to show the machines at their best and edit out their failings.

At the end of Monday's live Atlas demonstration, which appeared flawless, the humanoid prototype swung its arms in a theatrical gesture to introduce a static model of the new product version of Atlas, which looked slightly different and was blue in color.

Crossover excitement from the commercial AI boom and new technical advances have helped pour huge amounts of money into robotics development, though many experts still think it's a long time before truly human-like robots that can perform many different tasks take root in workplaces or homes.

“I think the question comes back to what are the use cases and where is the applicability of the technology,” said Alex Panas, a partner at consultancy McKinsey who helped lead a CES robotics panel that attracted hundreds of people earlier in the day. “In some cases, it may look more humanoid. In some cases, it may not."

Either way, Panas said, “the software, the chipsets, the communication, all the other pieces of the technology are coming together, and they will create new applications.”

Humanoids don’t yet have enough dexterity to threaten many human jobs, though a debate over their effects on employment is likely to grow as they become more skilled. The same Georgia plant where Hyundai plans to test out Atlas was the site of a federal immigration raid last year that led to the arrests of hundreds of workers, including more than 300 South Korean citizens.

An Atlas robot stands on the stage during a Hyundai and Boston Dynamics news conference ahead of the CES tech show, Monday, Jan. 5, 2026, in Las Vegas. (AP Photo/Abbie Parr)

Humanoid application product lead at Boston Dynamics, Aya Durbin, left, and vice president and general manager of Atlas at Boston Dynamics, Zachary Jackowski, talk during a Hyundai and Boston Dynamics news conference ahead of the CES tech show, Monday, Jan. 5, 2026, in Las Vegas. (AP Photo/Abbie Parr)

An Atlas robot stands on the stage during a Hyundai and Boston Dynamics news conference ahead of the CES tech show, Monday, Jan. 5, 2026, in Las Vegas. (AP Photo/Abbie Parr)

An Atlas robot stands on the stage during a Hyundai and Boston Dynamics news conference ahead of the CES tech show, Monday, Jan. 5, 2026, in Las Vegas. (AP Photo/Abbie Parr)

Humanoid application product lead at Boston Dynamics Aya Durbin and vice president and general manager of Atlas at Boston Dynamics Zachary Jackowski talk during a Hyundai and Boston Dynamics news conference ahead of the CES tech show Monday, Jan. 5, 2026, in Las Vegas. (AP Photo/Abbie Parr)

Vice president and general manager of Atlas at Boston Dynamics, Zachary Jackowski, talks during a Hyundai and Boston Dynamics news conference ahead of the CES tech show, Monday, Jan. 5, 2026, in Las Vegas. (AP Photo/Abbie Parr)

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and that is impacting the decisions of both households and businesses.

Here’s a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.

The average long-term U.S. mortgage rate climbed this week to its highest level in nearly nine months, driving up borrowing costs for homebuyers during what’s traditionally the housing market’s busiest time of the year.

The benchmark 30-year fixed rate mortgage rate rose to 6.51% from 6.36% last week, mortgage buyer Freddie Mac said Thursday. Despite the sharp increase, the average rate remains below 6.86%, where it was a year ago.

Rates have been mostly trending higher since the war with Iran began. The closure of the Strait of Hormuz has roiled energy markets, sending crude oil prices sharply higher — a key driver of inflation.

Expectations of higher oil prices and worries about big and growing debts for the U.S. government and others have pushed up long-term bond yields, causing mortgage rates to head higher.

U.S. retailers have spent months navigating an uncertain economic environment, from President Donald Trump’s tariffs to the impact of soaring gasoline prices due to the Iran war. The average price for a gallon of regular gasoline rose again this week, ending at about $4.55 per gallon on Friday, according to AAA. Gasoline prices are about 45% above where they were at this time last year.

Based on quarterly financial reports from Walmart, Target, Home Depot, Lowe’s and TJX, shoppers are cautious but still spending, helped by more generous tax refunds. Yet there is a widespread belief among economists that once those refunds dry up, shoppers will pull back on spending. Consumer spending is the dominant economic engine for the U.S., and retreat would have broad implications for the U.S.

Walmart issued a forecast for the current quarter on Thursday that was weaker than what Wall Street had been expecting. Target raised its annual revenue outlook on Wednesday, saying it expected momentum to continue the rest of the year. Yet the upgraded sales expectations were still below the pace of the first quarter.

Fewer Americans filed for jobless aid last week as layoffs remain low despite a number of uncertainties that continue to cloud the economy.

U.S. applications for unemployment benefits for the week ending May 16 fell by 3,000 to 209,000, the Labor Department reported Thursday. That’s fewer than the 213,000 new applications analysts surveyed by the data firm FactSet had forecast.

Weekly filings for unemployment benefits are considered a proxy for U.S. layoffs and are close to a real-time indicator of the health of the job market.

Despite historically low layoffs, the labor market appears to be stuck in what economists call a “low-hire, low-fire” state. That’s kept the unemployment rate low at 4.3%, but left many of those out of work struggling to find new employment.

The split between Wall Street and most U.S. households grew even wider Friday, as U.S. stocks rose toward the finish of an eighth straight winning week, their longest such streak since 2023. That’s even though a survey showed on the same day that U.S. consumers are feeling worse about the economy.

Shares of Workday and Zoom Communications rose after both delivered better profit reports for the latest quarter than analysts expected.

They’re the latest companies to top analysts’ expectations for profits for the start of 2026. And the cavalcade of such reports has helped U.S. stocks remain near their records. Stock prices tend to follow the path of corporate profits over the long term.

A hiring sign is displayed at a restaurant in Niles, Ill., Thursday, May 14, 2026. (AP Photo/Nam Y. Huh)

Drones operated by Zipline leave base to make deliveries from a Walmart store in Pea Ridge, Ark., Friday, Sept. 26, 2025. (AP Photo/Charlie Riedel)

Options trader Anthony Spina works on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)

Trader Robert Arciero works on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)