SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...
Robots are one of four strategic areas SoftBank is investing heavily in to realize Son’s vision of dominating the AI industry ...
Japan's third-largest telco, said on Tuesday Chief Technology Officer Junichi Miyakawa would become its chief executive ...
SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...
SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, ...
ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis ...
Instead of chasing novelty robots for homes and shops, SoftBank is now entering the industrial side of robotics.
Alok Sama, the former president and chief financial officer of Masayoshi Son’s investment vehicle SoftBank Group ...
SoftBank has used this structure in the past. Before Arm’s blockbuster initial public offering (IPO) in 2023, the company ...
Masayoshi Son’s latest comeback, fueled by high-stakes bets on artificial intelligence, has sent his fortune to new heights.
The tech titan doubles down on automation, snapping up ABB's robotics arm to supercharge SoftBank's AI ambitions.
SoftBank Group Corp Chief Executive Masayoshi Son said on Tuesday he is sitting on about $80 billion in cash for investment opportunities and share buybacks, and vowed to stick with his famously big ...