SoftBank Group will buy ABB's robotics business for $5.4 billion, aiming to integrate robotics with artificial intelligence. The move follows ABB's struggles in sales and profitability within the ...

European tech giant ABB has agreed to divest ABB's robotics division to Japan's SoftBank Group for an enterprise value of $5.375 billion.

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 ...

Tesla boss Elon Musk recently said he expects that Tesla's Optimus will eventually be responsible for as much as 80 per cent of the company's revenue. He claims Tesla will build between 500,000 and ...

Over the past few years, Shanghai has promoted cooperation and communication within the AI industry. The annual World ...

His net worth soared 248 per cent in 2025 as he embarked on an AI spending spree. Read more at straitstimes.com. Read more at ...

SoftBank founder overtakes Uniqlo's Yanai as global AI megadeals fuel the most dramatic fortune comeback in Japan ...

SoftBank’s Masayoshi Son has long predicted a future where robots would outnumber people and take over many jobs from humans.

The Pioneer of Physical AI-Powered Robo-Labor Secures 11,000 Robot LOIs Across Multiple Industries MILPITAS, Calif., Oct. 30, ...

Uniqlo billionaire Tadashi Yanai has been at the top of the country’s ranking for most of the past decade, and continuously since April 2022 Read more at The Business Times.

What if you'd invested in Teradyne (TER) ten years ago? It may not have been easy to hold on to TER for all that time, but if you did, how much would your investment be worth today? With that in mind, ...

SoftBank Group has picked a quartet of banks to arrange a US$17.5bn share-backed financing, its third jumbo loan of the year, ...