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558 SoftBank bets on “Physical AI” with $5.4B acquisition of ABB’s robotics division

Tech.eu
Cate Lawrence @ Tech.eu 2 place · today 06:49 EDT

SoftBank bets on “Physical AI” with $5.4B acquisition of ABB’s robotics division

Swedish-Swiss company ABB today announced it has signed an agreement to divest its Robotics division to SoftBank Group for an enterprise value of $5.375 billion and not pursue its earlier intention to...

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