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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 ...

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 ...

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 ...

Two MIT-educated brothers, Anton and James Peraire-Bueno, have gone on trial in Manhattan federal court over allegations of stealing $25 million in a cryptocurrency heist. Prosecutors claim the ...

Humanoid robots may get all the headlines, but they’re usually not the right fit to get a particular job done. These robotics and automation honorees trade faces for functionality, applying ...

Looking ahead: Elon Musk's artificial intelligence startup, xAI, is ramping up its efforts to develop a new generation of AI systems known as "world models" – technologies designed to interpret and ...

SoftBank Acquires ABB’s Robotics Business for $5.4B Your email has been sent SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...