ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...
Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a ...
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 ...
The acquisition brings together SoftBank's AI know-how and ABB's robotics expertise as companies race to stay ahead of tech advances. Japan's SoftBank Group has agreed to acquire the robotics branch ...
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.
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 ...
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 ...
ZURICH/TOKYO (Reuters) -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 ...
Investing.com -- Swiss engineering giant ABB Ltd (SIX: ABBN) on Wednesday said that it has agreed to sell its robotics business to Japanese technology conglomerate SoftBank Group Corp. (TYO: 9984) for ...
SoftBank Group has reportedly agreed to acquire ABB’s robotics business for $5.4 billion, in a move that has marked its boldest push yet to fuse artificial intelligence with industrial automation. The ...
‘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 ...