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 ...

Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...

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 ...

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 ...

Richtech Robotics has landed pilot deals and a $4 million partnership with China but generated only $3.6 million in revenue over the prior nine months. The stock has surged 852% over the past 12 ...

Foundation models and vision systems enable robots to handle unstructured tasks instead of single preprogrammed motions, accelerating real-world deployments. The robotics market could reach anywhere ...

The Monterey Bay Drone, Automation and Robotics Technology initiative has received a two-year, $2 million grant from the James Irvine Foundation. CSU Monterey Bay will receive an allocation of ...

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 ...

When is the Subnautica 2 release date? A decade after the original Subnautica launched into the deep blue sea of early access, Unknown Worlds has finally revealed the hit series' next evolution. While ...

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 ...

Qualcomm (NASDAQ:QCOM) disclosed on Tuesday that it is acquiring hardware startup Arduino to expand the San Diego-based chipmaker's presence in the automation and robotics markets. Terms of the deal ...