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 ...

The Pepper humanoid robot developed by SoftBank. SoftBank Group—controlled by Japan’s richest person, Masayoshi Son—has agreed to buy the robotics unit of Swiss industrial giant ABB Ltd. for $5.4 ...

Richtech Robotics has landed pilot deals and a $4 million partnership with China but generated only $3.6 million in revenue over the prior nine months. The stock has surged 852% over the past 12 ...

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 ...

Foundation models and vision systems enable robots to handle unstructured tasks instead of single preprogrammed motions, accelerating real-world deployments. The robotics market could reach anywhere ...

Google DeepMind has unveiled a pair of artificial intelligence (AI) models that will enable robots to perform complex general tasks and reason in a way that was previously impossible. Earlier this ...

ZURICH/TOKYO, Oct 8 (Reuters) - SoftBank Group (9984.T), opens new tab has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S), opens new tab in a $5.4 billion deal, as the ...

Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...

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 ...

This is read by an automated voice. Please report any issues or inconsistencies here. Humanoid robots struggle with basic tasks like walking safely and lack the dexterity needed for complex human-like ...

Construction robots are no longer a far-off idea. They're already changing job sites by tackling repetitive, heavy, and often dangerous tasks. The latest robot comes from Australia, where a ...

Selina Xu leads China and AI research in the office of former Google chief executive Eric Schmidt. Helen Zhang is deputy chief of staff and director of research and projects there. Schmidt invests in ...