SoftBank to acquire ABB’s robotics arm in $5.4 billion deal: All about Masayoshi Son’s latest AI push
SoftBank Group has agreed to acquire the robotics business of Swiss engineering group ABB for $5.4 billion, marking a major step in the Japanese investor’s strategy to merge robotics and artificial intelligence (AI), which Founder and CEO Masayoshi Son calls “Physical AI.” This acquisition, announced on Wednesday, is the latest effort by CEO Son to … Read more