SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.

Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.

SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...

ZURICH/TOKYO :SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse robotics and ...

The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity after a period of retrenchment. SoftBank, whose forays into robotics include the ...

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 CEO Masayoshi Son said the company aims to merge robotics with artificial superintelligence, advancing technology to benefit humanity. (EPA Images pic) Tech investment giant SoftBank Group ...

SoftBank Group (SBG), led by Chairman Son Jeong-ui (Japanese name Masayoshi Son), said on the 8th that it had signed a contract to acquire the robotics business of Swiss conglomerate Asea Brown Boveri ...

This article first appeared on GuruFocus. SoftBank Group Corp. (SOBKY) is making another bold move in its AI playbook. The Japanese conglomerate has agreed to acquire ABB Ltd.'s industrial robotics ...

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 ...