ZURICH (Reuters) -Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to process artificial intelligence. ABB, ...
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 ...
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 ...
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 ...
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 (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 ...
China has embarked on a campaign to use more robots in its factories, transforming its manufacturing industries and becoming the dominant maker. By Meaghan Tobin and Keith Bradsher Meaghan Tobin ...
A robotics technician at Tesla's manufacturing plant in Fremont, California, is suing the automaker for an eye-popping $51 million, alleging that an out-of-control robot struck him and left him with ...
While many robotics companies are building human-sized robots, or working to automate entire factories, MicroFactory is instead trying to think big by building small. San Francisco-based MicroFactory ...
Agility Robotics opened the world's first factory for humanoid robots in Salem. The bipedal robot, named Digit, is designed for warehouse and logistics tasks. The factory aims to eventually produce up ...
Just six months after setting up the new high-volume factory, the first AI-robot has been successfully completed — with several more already in parallel production. With the world’s first ...
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