SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company was behind the development of humanoid, Pepper, which was unveiled in 2014.

Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.

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 ...

SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.

SoftBank Group has reportedly agreed to acquire ABB’s robotics business for $5.4 billion, in a move that has marked its boldest push yet to fuse artificial intelligence with industrial automation. The ...

ABB is transforming from a cyclical automation supplier to a predictable electrification-led compounder, with Q3 results ...

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 ...

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

When we talk about the biggest names in robotics for 2025, a few companies immediately come to mind. These are the established players, the ones who have been around for a while and have really built ...

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, ...

ZURICH, March 15 (Reuters) - ABB (ABBN.S), opens new tab is expanding its main US robot factory as its customers there in the automotive, packaging and machinery industries confront a tight labour ...