SoftBank announced in early October 2025 that it has agreed to acquire Swiss industrial giant ABB's robotics business for US$5.375 billion, with the deal expected to close in the second half of 2026.
Teradyne's robotics group cut about another 14% of its staff worldwide as revenue growth has not matched expectations.
2025 marked a watershed year for industrial robotics, as investors and manufacturers alike doubled down on automation’s next ...
Originally introduced to handle highly repetitive, low-weight tasks such as machine tending, assembly, and smaller packaging operations alongside humans, collaborative robots (cobots) have been ...
During its second quarter earnings call, the company said it has been liquidating legacy holdings and tapping secured ...
Founder Masayoshi Son has been unwinding positions to pay for a plethora of AI projects, including Stargate data centres and ...
Masayoshi Son’s SoftBank Group said net profit more than doubled in its second quarter and announced a four-to-one stock ...
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SoftBank Sells Entire $5.8B Nvidia Stake And Part Of T-Mobile Holdings To Back $22.5B ...
SoftBank has sold its entire $5.83 billion stake in U.S. chipmaker Nvidia to focus on its OpenAI investment. The Japanese ...
ZURICH (Reuters) -Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to process artificial intelligence. ABB, ...
SoftBank Group Corp. sold its entire stake in Nvidia Corp. for $5.83 billion to help bankroll AI investments, even as ...
Image courtesy by QUE.com The robotics sector is rapidly evolving, thanks to remarkable advancements in sensor technology and ...
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