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 ...

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 ...

ZURICH, Jan 11 (Reuters) - ABB (ABBN.S), opens new tab has bought a company specialising in boosting the mobility of industrial robots - by using artificial intelligence and 3D vision to move around ...

SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...

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 (Reuters) -ABB is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to benefit from rising demand for ...

This article first appeared on GuruFocus. SoftBank Group Corp. (SOBKY) is making another bold move in its AI playbook. The Japanese conglomerate has agreed to acquire ABB Ltd.'s industrial robotics ...

ZURICH, Jan 11 (Reuters) - ABB ABBN.S has bought a company specialising in boosting the mobility of industrial robots - by using artificial intelligence and 3D vision to move around factories and ...

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 ...