The idea of a single robot that can transform into three different machines sounds like science fiction, but it is already ...
Sony Interactive Entertainment is partnering with Bad Robot Games for an unannounced four-player, cooperative shooter, which will be directed by Left 4 Dead designer Mike Booth. That game is bound for ...
SoftBank Group's agreement to acquire the robotics division of Switzerland's ABB for approximately US$5.4 billion is a significant strategic move. The deal highlights Japan's increasing dominance in ...
Robots may be one of the greatest 21st-century inventions, but up until Oct. 28, you couldn’t purchase one to help out with daily household tasks, such as emptying the dishwasher or vacuuming your ...
Japanese investment group SoftBank said it’s paying $5.38 billion for the robotics division of Swiss-Swedish engineering company ABB to advance a bet on what it calls artificial super intelligence.
ABB Robotics has invested in California-based LandingAI to accelerate its use of vision AI. A key goal of this investment involves the integration of LandingAI’s vision AI tech, such as LandingLens, ...
The transaction is the latest in a series of investments and acquisitions relating to the development of artificial intelligence infrastructure. Morrison Foerster has advised longtime client SoftBank ...
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 ...
Japan's SoftBank Group (SBG) and Swiss heavy electrical firm ABB have signed an agreement for SoftBank to acquire ABB's robotics business for US$5.375 billion. According to reports from Nikkei and ...
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 ...
ABB’s is the world’s among the world’s largest developers of industrial robots, with robots of multiple sizes and functions, autonomous mobile robots, programming software, and robotic applications.
Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich ...