SoftBank Group Corp.’s stock surged as much as 13% to a fresh intraday high as its plan to buy ABB Ltd.’s robotics arm boosted expectations for profit growth from artificial intelligence. The Japanese ...
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 ...
‘SoftBank’s next frontier is Physical AI,’ said founder Masayoshi Son. ‘SoftBank’s next frontier is Physical AI,’ said founder Masayoshi Son. is a London-based reporter at The Verge covering all ...
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 ...
SoftBank Group (OTC:SFTBY) (OTC:SFTBF) said on Wednesday it will buy the robotics division of Swiss engineering firm ABB (OTC:ABBNY) in a $5.4 billion deal, as the Japanese firm looks to boost its ...
In a landmark $5.4 billion deal set to reshape the automation landscape, SoftBank Group announced today that it will acquire ABB’s robotics division, a global leader in technology. The transaction is ...
Japanese investment firm SoftBank announced on Wednesday that it had acquired ABB Group’s robotics business unit for $5.375 billion. The deal is subject to regulatory approval, and SoftBank expects ...
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 ...
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 ...
Abstract: Conventional robot programming methods are complex and time-consuming for users. In recent years, alternative approaches such as mixed reality have been explored to address these challenges ...
Regal Rexnord Corporation has joined forces with automation leader ABB Robotics to simplify integration of its GoFa™ cobots into 7 th Axis Cobot Transfer Units (CTUs) from Thomson, one of Regal ...