ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis ...
Masayoshi Son’s latest comeback, fueled by high-stakes bets on artificial intelligence, has sent his fortune to new heights.
SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...
SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, ...
Robots are one of four strategic areas SoftBank is investing heavily in to realize Son’s vision of dominating the AI industry ...
The acquisition from ABB marks the largest in a long and patchy record of robotics investments by SoftBank Chief Executive ...
SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...
The bank said it will make direct equity and venture investments of up to $10 billion in select companies in the new ...
The tech titan doubles down on automation, snapping up ABB's robotics arm to supercharge SoftBank's AI ambitions.
SoftBank has used this structure in the past. Before Arm’s blockbuster initial public offering (IPO) in 2023, the company ...
SoftBank Group has agreed to acquire the robotics division of Switzerland's ABB for $5.4 billion. This move signifies a major ...
Nvidia Corporation's (NASDAQ: NVDA) CEO Jensen Huang once teased his friend SoftBank Group (OTC: SFTBF) (OTC: SFTBY) founder Masayoshi Son at an AI summit, recalling a moment about which the duo ...