Japanese investment group SoftBank said it’s paying $5.38 billion for the robotics division of Swiss-Swedish engineering company ABB to advance a bet on what it calls artificial super intelligence.
ABB India has expanded its local production footprint with the launch of a new line for variable speed drive (VSD) modules at its Peenya factory in Bengaluru. With this line, the local production ...
ABB (ABBNY) delivered strong Q3’25 results with 11% revenue growth and a 4% EBITDA margin expansion, driven by electrification and data center demand. ABB is well-positioned for a multi-year upcycle, ...
SoftBank is strengthening its commitment to artificial intelligence and robotics: The Japanese technology group is acquiring ABB Robotics for around USD 5.4 billion. Analyst Samantha Mou of Interact ...
ZURICH, Oct 16 (Reuters) - Swiss engineering company ABB (ABBN.S), opens new tab said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to ...
ZURICH (Reuters) -Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to process artificial intelligence. ABB, ...
Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centers being built in the U.S. to process artificial intelligence. ABB, which makes ...
Swiss engineering company ABB said it is seeing strong customer demand, particularly from a surge in new data centres being built in the U.S. to process artificial intelligence. Ciara Lee reports.