ABB sells its robotics division to SoftBank for $5.375 billion, pivoting from its previously planned spin-off to become part ...
Palladyne AI focuses on simplifying robot programming, advancing swarming technology, and developing hardware-agnostic AI for diverse applications.
SoftBank has used this structure in the past. Before Arm’s blockbuster initial public offering (IPO) in 2023, the company ...
The feverish rally on Wall Street is taking a break. The S&P 500 fell 0.3% Thursday from its latest all-time high for just ...
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SoftBank snaps up ABB's robotics biz for $5.4B to fuel 'physical AI' dreams
Japanese tech goliath gets grabby with industrial automation as ABB shelves spin-off plans SoftBank Group has added more arms ...
Tokyo-listed shares of SoftBank Group (OTC: SFTBY) (OTC: SFTBF) jumped as much as 13% after the Japanese giant agreed to ...
SoftBank Group's shares were also boosted by a rebound in tech stocks overnight that helped lift major U.S. stock indexes to record highs. Its Nasdaq-listed chip-design unit Arm Holdings gained 4.7%.
SoftBank Group Corp. (TYO:9984) saw its shares surge on Thursday after announcing plans to acquire Swiss technology giant ...
The deal gives SoftBank exposure to a $75 billion robotics industry that’s growing 8% a year, with the AI section of the ...
SoftBank Group Corp.’s stock surged as much as 13% to a fresh intraday high as its plan to buy ABB Ltd.’s robotics arm ...
SoftBank Group jumped over 9% after it agreed to buy ABB's robotic division. Shares of SoftBank jumped over 9% Thursday after ...
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