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Swiss engineering major ABB announced on Wednesday it will divest its robotics division to Japan's SoftBank Group Corp. for an enterprise value of nearly $5.4 billion and not pursue its earlier ...

SoftBank Group (SBG), led by Chairman Son Jeong-ui (Japanese name Masayoshi Son), said on the 8th that it had signed a contract to acquire the robotics business of Swiss conglomerate Asea Brown Boveri ...

SoftBank CEO Masayoshi Son said the company aims to merge robotics with artificial superintelligence, advancing technology to benefit humanity. (EPA Images pic) Tech investment giant SoftBank Group ...

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 ...

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 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 ...

ZURICH/TOKYO :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 robotics and ...

ABB ABBNY announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business ...

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 ...

SoftBank will buy ABB’s robotics division for $5.4B to expand its AI portfolio. CEO Masayoshi Son called it part of SoftBank’s “Physical AI” vision, following major ventures with OpenAI, Oracle, and ...

BAKERSFIELD, Calif. (KERO) — Bakersfield College was the first school in the west coast to partner with Amazon to bring this program to the campus. Training current employees what they need to know ...