Discover why ABB (ABBNY) is a Buy for 2025, capitalizing on electrification, data centers, and industrial automation growth.
SoftBank's acquisition of ABB's robotics unit reflects billionaire Masayoshi Son's renewed interest in robots. The company was behind the development of humanoid, Pepper, which was unveiled in 2014.
SoftBank says this acquisition will help it dive deeper into robotics as it considers physical AI to be the next frontier.
The research heavyweight has joined Peking University’s recently elevated school dedicated to robots and advanced ...
If you’re holding ABB stock or wondering if now is the right moment to buy, you’re definitely not alone. With a closing price of $59.2, ABB has been turning heads. The company’s shares nudged up 1.4% ...
ABB Robotics, the robotics and discrete automation division of ABB, has invested in LandingAI to leverage the latter’s generative AI (gen AI) technology for robotic vision enhancements. This ...
ABB is transforming from a cyclical automation supplier to a predictable electrification-led compounder, with Q3 results ...
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 ...
ABB Robotics has added a Generative AI Robotics feature to its RobotStudio Suite, aimed at making robot programming software ...
Auburn Hills, MI, May 1, 2023 — ABB Robotics has enhanced its industry-leading logistics automation portfolio with the launch of the Robotic Item Picker, a new AI and vision-based solution that can ...
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 ...
SoftBank Group will buy ABB's robotics business for $5.4 billion, aiming to integrate robotics with artificial intelligence. The move follows ABB's struggles in sales and profitability within the ...
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