Japanese investment group SoftBank said it’s paying $5.38 billion for the robotics division of Swiss-Swedish engineering company ABB to advance a bet on what it calls artificial super intelligence.
ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...
Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. ABB India Limited ( (IN:ABB)) has issued ...
The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...
ABB ABBNY announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business ...
SoftBank will buy ABB’s robotics division for $5.4B to expand its AI portfolio. CEO Masayoshi Son called it part of SoftBank’s “Physical AI” vision, following major ventures with OpenAI, Oracle, and ...
BAKERSFIELD, Calif. (KERO) — Bakersfield College was the first school in the west coast to partner with Amazon to bring this program to the campus. Training current employees what they need to know ...
RobotStudio Al Assistant provides real-time, step-by-step guidance for robot programming. Sept. 26, 2025 – ABB Robotics has enhanced its industry-leading RobotStudio Suite with the new RobotStudio AI ...
A robotics technician is suing Tesla, alleging he was struck and knocked unconscious by an “approximately 8,000-pound counterbalance weight” attached to a robotic arm at the company’s plant in Fremont ...
TUCSON, Ariz. (KGUN) — In JTED’s robotics lab, Carlos Trujillo played around with a new robotic arm. It’s students like him who are getting real-world experience with the newly added Fanuc robotic arm ...
Mt. Vernon Intermediate School students take part in a robotics program. Robotics has grown in popularity within the Mt. Vernon school district, which recently won a state robotics grant for the ...