The acquisition from ABB marks the largest in a long and patchy record of robotics investments by SoftBank Chief Executive ...

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, ...

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

In addition to the funding announcement, the company said it has opened a new AI engineering campus in Bengaluru, southern ...

SoftBank acquires ABB’s $5.375 billion robotics unit to advance its “Physical AI” vision, merging robotics and artificial ...

SoftBank Group has agreed to acquire the robotics business of Switzerland-based technology company ABB for an enterprise value of $5.4bn. The deal, which is subject to regulatory review in the ...

SoftBank Group (SFTBY) (SFTBF) is in talks to borrow $5 billion from global banks for a margin loan secured by shares of its ...

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 ...

ABB (ABBNY) on Wednesday said that it has signed an agreement to divest its Robotics division to SoftBank (SFTBY) for an ...

Softbank wants to invest more in AI robots. ABB Robotics is just the right takeover candidate. The company was actually ...

Tech investment giant SoftBank Group said Wednesday it will buy Swiss-Swedish firm ABB Robotics for nearly $5.4 billion as ...

SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion ...