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 ...

SoftBank Group's agreement to acquire the robotics division of Switzerland's ABB for approximately US$5.4 billion is a significant strategic move. The deal highlights Japan's increasing dominance in ...

China’s 15th National Games torch relay began Sunday in Shenzhen, south China. A robot torchbearer led the event, drawing attention from spectators and media. The moment marked a high-tech start to ...

California-based AI and robotics company 1X is now accepting pre-orders for its humanoid robot NEO, which was designed to automate everyday chores and to offer personalized assistance. Users will be ...

The PyTorch team at Meta, stewards of the PyTorch open source machine learning framework, has unveiled Monarch, a distributed programming framework intended to bring the simplicity of PyTorch to ...

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.

Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...

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 ...

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 ...

Japan's SoftBank Group (SBG) and Swiss heavy electrical firm ABB have signed an agreement for SoftBank to acquire ABB's robotics business for US$5.375 billion. According to reports from Nikkei and ...