AI researchers at Andon Labs embedded various LLMs in a vacuum robot to test how ready they were to be embodied. And hilarity ...

ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis in technology. SoftBank owns significant stakes in major companies like ...

Tokyo-headquartered SoftBank Group has become well known in recent years for big money acquisitions made through its $100bn Vision Fund, said to be the world's largest technology-focused venture ...

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 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 ...

SoftBank Group has agreed to acquire the robotics business of Swiss engineering group ABB for $5.4 billion, marking a major step in the Japanese investor's strategy to merge robotics and artificial ...

ABB’s is the world’s among the world’s largest developers of industrial robots, with robots of multiple sizes and functions, autonomous mobile robots, programming software, and robotic applications.

ABB (OTCPK:ABBNY) is signaling that it has the balance sheet strength and ambition to pursue acquisitions following the surprise decision to divest its robotics division to Japan’s SoftBank Group for ...

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 ...

[TOKYO] SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion deal. The deal marks a major push by SoftBank founder and ...