SoftBank announced in early October 2025 that it has agreed to acquire Swiss industrial giant ABB's robotics business for US$5.375 billion, with the deal expected to close in the second half of 2026.

A laboratory in Pittsburgh’s Bakery Square is poised to make the next breakthrough in wheelchairs, a mostly stagnant industry ...

Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a ...

Tesla boss Elon Musk recently said he expects that Tesla's Optimus will eventually be responsible for as much as 80 per cent of the company's revenue. He claims Tesla will build between 500,000 and ...

RoboForce, the pioneer of Physical AI-powered Robo-Labor, was featured by NVIDIA CEO Jensen Huang during his NVIDIA GTC keynote presentation in Washington, D.C. on Oct. 28. The keynote highlighted ...

Artificial intelligence industry powering city's economy, with companies seeing 65 percent surge in profits BEIJING, Oct. 28, ...

SoftBank’s Masayoshi Son has long predicted a future where robots would outnumber people and take over many jobs from humans.

The Biggest Robotics Companies. It feels like every other week there’s a new company popping up with a shiny robot promising to change the world. But when ...

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 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, ...

ZURICH/TOKYO (Reuters) -SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal, as the Japanese investor forges ahead with a strategy to fuse ...

FREMONT, Calif. — A Tesla worker who says he was attacked and injured by a humanoid robot at the company's Fremont plant is suing the tech giant. In a recently filed lawsuit, veteran robotic mechanic ...