The new RobotStudio AI Assistant uses advanced language models to understand natural-language queries and provide detailed guidance based on ABB’s extensive technical documentation. Marc Segura, ...

Construction robots are no longer a far-off idea. They're already changing job sites by tackling repetitive, heavy, and often dangerous tasks. The latest robot comes from Australia, where a ...

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 ...

SoftBank stock surged as much as 13 percent to a new intraday high. It has agreed to buy ABB's industrial robotics arm for about $5.4 billion. The deal is a major push into the emerging and critical ...

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 ...

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 ...

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 ...

ABB’s robotics division, which employs 7,000 people, generated sales of $2.3 billion last year, equivalent to 7% of ABB’s total revenues. But the company saw limited crossover with the rest of its ...

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 ...

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 :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 ...