ABB industrial robot with a flowing exoskeleton design representing advanced automation and AI innovation, appearing in an article on Robotics Industry Monthly

SoftBank to Acquire ABB Robotics, Boosting AI Integration

SoftBank Group Corp. (SBG) has announced that it has entered into a definitive agreement to acquire ABB’s robotics business for a total purchase price of approximately USD 5.375 billion (JPY 818.7 billion). The transaction, approved by SBG’s Board of Directors, remains subject to customary regulatory approvals in the European Union, China, and the United States, with […]

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ABB Robotics Announces New Global AI Startup Challenge, a supporting photo appearing on Industrial Automation Monthly

ABB Robotics Announces New Global AI Startup Challenge

ABB Robotics & Discrete Automation has announced its 2024 Robotics AI Startup Challenge, a new global competition to accelerate AI development in robotics while fostering international innovation and further collaboration with startups and scale-ups. As a key part of ABB’s innovation ecosystem, this challenge follows the company’s June 2024 acquisition of Sevensense, a Swiss startup […]

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