TOKYO -- SoftBank Group on Wednesday said it will acquire the robotics business of Swiss-headquartered ABB for around $5.4 billion, expanding founder Masayoshi Son's push into artificial intelligence and automation.
Artificial intelligence
SoftBank to buy ABB's robotics unit for $5.4bn in 'physical AI' push
Deal underscores founder Masayoshi Son's high hopes for robotics and automation
SoftBank Group says it will acquire 100% of ABB's robotics division as the Japanese company expands into artificial intelligence and automation. (Source photos by Ichiro Kikuchi and Getty)
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