The acquisition brings together SoftBank's AI know-how and ABB's robotics expertise as companies race to stay ahead of tech ...
D: ABB is selling its robotics division to the Japanese investor SoftBank Group (SBG) for $5.375bn. In doing so, it has ...
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Tech investment giant SoftBank Group said Wednesday it will buy Swiss-Swedish firm ABB Robotics for nearly $5.4 billion as ...
SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion ...
Japan’s SoftBank, a major investor in ChatGPT creator OpenAI, said the acquisition was part of its AI-focused business ...
SoftBank's robotics arm said on Monday it will bring a food service robot developed by California-based Bear Robotics to Japan as restaurants grapple with labour shortages and a new socially distanced ...
SoftBank is paying $5.4 billion for the automation business, aiming to launch a combination of “technology and talent … to ...
Traders have piled in on the "Takaichi trade" — a bet on stronger stocks, rising bond yields, and a weaker yen.
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ZURICH--SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal.