Fanuc and Nvidia are working together to build AI-powered industrial robots that can understand voice commands and operate ...
The Arkansas Department of Energy and Environment (“E&E”) issued a November 17th news release stating that ABB Inc. (“ABB”) has become a Diamond Member in the Natural State Stewardship Program (“NSTEP ...
AUSTIN (KXAN) — Drums thumped loudly as robots marched down one of the main drags of the University of Texas at Austin campus. Some were small, rolling along the brick-lined road, while others stood ...
Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a European-Japanese balance to dominance by Japanese firms and China's Midea Group.
During Tesla's third-quarter earnings call, Musk explained that while Optimus robots can already walk around the company's Palo Alto offices, the real challenge lies in creating a robot that is truly ...
ABB CEO Morten Wierod tells CNBC’s Europe Early Edition why he supports SoftBank’s vision for ABB’s robotics business, following the announcement of a $5.4 billion sale to the Japanese tech group.
Regal Rexnord Corp. joined forces with automation leader ABB Robotics to simplify integration of its GoFa cobots into 7th Axis Cobot Transfer Units (CTUs). The CTUs come from Thomson, one of Regal ...
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, ...
The transaction is the latest in a series of investments and acquisitions relating to the development of artificial intelligence infrastructure. Morrison Foerster has advised longtime client SoftBank ...
Tokyo-listed shares of SoftBank Group (OTC:SFTBY) (OTC:SFTBF) jumped as much as 13% after the Japanese giant agreed to acquire Swiss engineering firm ABB‘s (OTC:ABBNY) Robotics unit in a deal valued ...
SoftBank Acquires ABB’s Robotics Business for $5.4B Your email has been sent SoftBank has struck a definitive deal to acquire ABB’s robotics business for $5.375 billion, doubling down on founder ...
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