Masayoshi Son, president and main enforcement serviceman of SoftBank Group Corp., speaks during the company's yearly wide gathering successful Tokyo, Japan, connected Friday, June 27, 2025.
Bloomberg | Bloomberg | Getty Images
SoftBank Group connected Monday said it had agreed to bargain the robotics part of Swiss engineering steadfast ABB for $5.4 billion, arsenic the Japanese elephantine looks to bolster its artificial quality plays.
The deal, which is taxable to regulatory support globally, means ABB volition nary longer look to rotation disconnected its robotics concern arsenic a separately listed company.
"SoftBank's adjacent frontier is Physical AI. Together with ABB Robotics, we volition unite world-class exertion and endowment nether our shared imaginativeness to fuse Artificial Super Intelligence and robotics — driving a groundbreaking improvement that volition propel humanity forward," Masayoshi Son, laminitis of SoftBank, said successful a statement.
Artificial Super Intelligence, oregon ASI, is Son's thought of AI that is 10,000 times smarter than humans.
This is simply a breaking quality story. Please cheque backmost for more.
English (US) ·