SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company was behind the development of humanoid, Pepper, which was unveiled in 2014.

Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.

If you’re holding ABB stock or wondering if now is the right moment to buy, you’re definitely not alone. With a closing price of $59.2, ABB has been turning heads. The company’s shares nudged up 1.4% ...

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 Robotics, the robotics and discrete automation division of ABB, has invested in LandingAI to leverage the latter’s generative AI (gen AI) technology for robotic vision enhancements. This ...

ZURICH (Reuters) -ABB is launching three new families of factory robots designed specially for China, the Swiss engineering company said on Wednesday, as it aims to benefit from rising demand for ...

ABB, a Zurich-based automation technology provider, Wednesday opened a $20 million expansion to its U.S. robotics headquarters in Auburn Hills, Mich. The move comes as demand for automation grows not ...

European technology services giant ABB Asea Brown Boveri Ltd., better known as ABB, said today it has acquired a startup called Sevensense Robotics AG that specializes in improving the mobility and ...