SoftBank Group agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion. The move is part of a number of investments and acquisitions by SoftBank as it looks to position ...

ZURICH (Reuters) -Swiss industrial group ABB on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its power grids business to Japan's ...

Insights on how AI is transforming robotics applications, from autonomous mobile robots using visual SLAM technology to robots working in unstructured environments and handling unfamiliar objects. A ...

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 ...

Swiss industrial group ABB on Thursday announced plans to spin off its robotic division as a separate listed company, with the intention for the business to start trading during the second quarter of ...

ABB Robotics will present a range of demonstrations at Automate 2026, Booth #1241, including the introduction of its Physical AI Toolchain. The toolchain includes software for data generation, ...

Both winners selected from over 100 global pioneers of next-generation automation technology. ZURICH, Switzerland, Dec 18, 2024 – ABB Robotics today declared T-Robotics and Mbodi the winners of its ...

I recommend ABB Ltd as a Buy with a $64.39 price target, driven by strong market opportunities in automation, electrification, and data centers. ABB's planned divestiture of its robotics unit could ...

Swiss industrial group ABB (OTCPK:ABBNY) plans to spin off its entire robotics division, the world's second-largest industrial robotics business. It generated sales of $2.3B in 2024, equivalent to 7% ...