SoftBank to buy ABB’s robot business for $5.4 billion in push to merge AI and robotics
PositiveFinancial Markets

SoftBank's recent decision to acquire ABB's robot business for $5.4 billion marks a significant step in the integration of artificial intelligence and robotics. This move not only strengthens SoftBank's position in the tech industry but also highlights the growing importance of AI-driven automation in various sectors. By merging these two fields, SoftBank aims to enhance productivity and innovation, which could lead to exciting advancements in technology and job creation.
— Curated by the World Pulse Now AI Editorial System