Japan's SoftBank Group has agreed to acquire the robotics branch of Swiss engineering company ABB for $5.37 billion (€4.62bn) as it pushes ahead with physical AI. Unlike digital AI, which works in the ...

AUBURN HILLS, Mich. — ABB strengthened its commitment to one of its largest customer markets — the U.S. — with construction starting on the expansion of its existing North American robotics ...

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 ...

ABB ABBNY announced that it will sell its robotics division to SoftBank for $5.4 billion, shifting from its initial intention in April to spin off and list the division. The robotics business ...

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 ...

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 ...

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 Robotics is making a $20-million capital improvement effort to increase manufacturing capacity at its Auburn Hills, Mich., plant. “Our investment is a significant step in accelerating ABB Robotics ...

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, ...