Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.
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 ...
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, 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 ...
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 ...
ABB has signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for SwitcH2’s floating production, storage and offloading (FPSO) unit dedicated to ...
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 ...
One of the world’s largest industrial automation providers is changing owners. ABB Group today said it is divesting its ABB Robotics & Discrete Automation division to SoftBank Group Corp. for $5.375 ...
A Senate report released Monday says AI and automation could replace nearly 100 million jobs across various industries over the next decade. The report, conducted by Democratic staffers on the Senate ...
OpenAI has had a few busy weeks after Sam Altman teased that more expensive AI products would become available to users. OpenAI released ChatGPT Pulse, the Sora 2 AI video generator, and the Sora ...
OpenAI is building a tool that will allow you to create your own AI Agents. AI startups are convinced AI agents are the future and OpenAI's AI Builder could be the Visual Studio moment for building ...
Residents of the upscale Osprey Point development in Rehoboth Beach are suing homebuilder NVR and a local developer. The class action lawsuit claims promised waterfront amenities, like a beach and ...