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 ...
(Bloomberg) -- 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 ...
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 ...
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 Robotics has launched its 2024 Robotics AI Startup Challenge, a global competition designed to accelerate the development of artificial intelligence (AI) solutions in robotics. The challenge is ...
Swiss industrial group ABB (OTCPK:ABBNY) plans to spin off its entire robotics division, the world's second-largest industrial robotics business. It generated sales of $2.3B in 2024, equivalent to 7% ...
ABB Robotics has expanded its modular large robot portfolio with the introduction of the new IRB 7710 and IRB 7720. The new robots, combined with recently launched IRB 5710-IRB 5720 and IRB 6710-IRB ...
ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...
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