TechCrunch

SoftBank bulks up its robotics portfolio with ABB Group’s robotics unit

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 ...
CNBC

SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play

SoftBank Group agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion. The move is part of a number of investments and acquisitions by SoftBank as it looks to position ...
Forbes

Billionaire Masayoshi Son’s SoftBank Deepens AI Push With $5.4 Billion ABB Robotics Deal

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 ...