Zurich-based manufacturing giant ABB Ltd. is planning to invest $20 million and create 72 jobs at its Auburn Hills, Mich., plant in response to the growth of automation in the automotive industry and ...

ABB Ltd. has the appetite and firepower for acquisitions after the Swiss industrial giant agreed to sell its robotics unit to SoftBank Group Corp. for more than $5 billion. “We have today, especially ...

Japan's SoftBank Group has agreed to acquire the robotics branch of Swiss engineering company ABB for $5.37 billion (€4.62bn) as it pushes ahead with physical AI. Unlike digital AI, which works in the ...

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 ...

For more than a decade, ABB Robotics has hosted and participated in seminars to cultivate a deeper understanding of its customers and business partners, and to exchange technical ideas and opinions.

ZURICH, April 17 (Reuters) - Swiss industrial group ABB (ABBN.S), opens new tab on Thursday announced plans to spin off its robotics division in the biggest shake up at the company since it sold its ...

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 ...

(Bloomberg) -- 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 ...

AUBURN HILLS, Mich. — ABB strengthened its commitment to one of its largest customer markets — the U.S. — with construction starting on the expansion of its existing North American robotics ...

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 ...