ABB Robotics has added a Generative AI Robotics feature to its RobotStudio Suite, aimed at making robot programming software ...

ABB India has expanded its local production footprint with the launch of a new line for variable speed drive (VSD) modules at ...

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 ...

ZURICH--SoftBank Group said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal. The deal marks a major push by SoftBank founder and CEO ...

The acquisition brings together SoftBank's AI know-how and ABB's robotics expertise as companies race to stay ahead of tech advances. Japan's SoftBank Group has agreed to acquire the robotics branch ...

SoftBank Group (OTC:SFTBY) (OTC:SFTBF) said on Wednesday it will buy the robotics division of Swiss engineering firm ABB (OTC:ABBNY) in a $5.4 billion deal, as the Japanese firm looks to boost its ...

Japan's SoftBank Group has agreed to acquire the robotics branch of Swiss engineering company ABB for $5.37 billion (€4.62bn) as it pushes ahead with physical AI. Unlike digital AI, which works in the ...

ABB’s robotics unit, which manufactures factory robots and industrial automation equipment, reported about $2.3 billion in revenue last year, representing roughly 7% of ABB’s total revenue and about ...

Originally introduced to handle highly repetitive, low-weight tasks such as machine tending, assembly, and smaller packaging operations alongside humans, collaborative robots (cobots) have been ...

Soft robotics and AI vision technologies improve adaptability and precision in UK industrial automation systems.

The deal will see ABB carve out its robotics business, which employs around 7,000 people and generated $2.3 billion in revenue in 2024, into a new holding company before transferring ownership to ...