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 ...

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 ...

The deal marks a major push by SoftBank founder and CEO Masayoshi Son into robotics, as he expands investment activity after a period of retrenchment. SoftBank, whose forays into robotics include the ...

The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...

IAS Ankita Kanti Success Story: The UPSC Civil Services Examination (CSE), arguably one of the toughest recruitment exams in the country, is attempted by hundreds of thousands of aspirants each year.

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Unfortunately, these high risk investments ...

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 ...

ABB’s robotics unit, which manufactures factory robots and industrial automation equipment, reported about $2.3 billion in revenue last year, representing roughly 7% of ABB’s total revenue and about ...

Serve Robotics passed 1,000 robots in service earlier this week. Now we know who those robots will be working for: DoorDash. Serve is teaming up with the food delivery giant to help deliver more food.

Aug. 22, 2025 — Astronomers using AI have captured a once-in-a-lifetime cosmic event: a massive star’s violent death triggered by its black hole companion. The explosion, known as SN 2023zkd, not only ...

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 ...

Machine Design sat down for an exclusive interview with the newly appointed president of Teradyne Robotics Jean-Pierre Hathout at the Fabtech 2025 Show held in Chicago from Sept. 8-11. The seasoned ...