Posts about "SoftBank"

SoftBank Group's acquisition of ABB's robotics division signals a strategic push into the field of physical AI, underscoring the growing importance of automation in industry.

SoftBank Group is set to enhance its footprint in the realm of artificial intelligence by acquiring the robotics division of Swiss engineering firm ABB for .4 billion. The acquisition, pending regulatory approval, marks a significant shift for ABB, which has opted against a previous plan to spin off the unit.

SoftBank deepens its commitment to robotics and physical AI with a strategic acquisition of ABB Group's robotics unit, positioning itself at the forefront of this evolving technology landscape.

SoftBank has announced a significant acquisition, purchasing ABB's robotics unit for .4 billion. This move aims to enhance SoftBank's capabilities in AI-driven robotics and reflects a broader trend of strategic investments by major conglomerates to integrate advanced AI technologies into manufacturing and industrial applications.