The acquisition from ABB marks the largest in a long and patchy record of robotics investments by SoftBank Chief Executive Masayoshi Son.
SoftBank Group has reportedly approved a second installment of $22.5 billion to finalize its massive $30 billion investment ...
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 robotics and artificial ...
SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company ...
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 ...
SoftBank Group Corp. agreed to acquire ABB Ltd.’s industrial robots unit at an enterprise value of almost $5.4 billion, reflecting billionaire Masayoshi Son’s growing bets on emerging technology in ...
SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.
Japanese multinational investment company SoftBank Group Corp has announced plans to acquire the robotics division of Swedish-Swiss electrical and engineering platform ABB, in a deal valued at nearly ...
Trump’s Asia push, Nikkei hits 50K, Milei gains congressional power, and SoftBank doubles down on OpenAI with conditions.
Tokyo-listed shares of SoftBank Group (OTC: SFTBY) (OTC: SFTBF) jumped as much as 13% after the Japanese giant agreed to ...
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SoftBank approves $22.5B second installment to complete OpenAI investment
SoftBank has approved a second payment of about $22.5 billion for its investment in OpenAI. This was after the firm agreed to ...
SoftBank Group will buy ABB's robotics business for $5.4 billion, aiming to integrate robotics with artificial intelligence. The move follows ABB's struggles in sales and profitability within the ...
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