SoftBank bulks up its robotics portfolio with ABB Group's robotics unit | TechCrunch
Together with ABB Robotics, we will unite world-class technology and talent under our shared vision to fuse Artificial Super Intelligence and robotics - driving a groundbreaking evolution that will propel humanity forward.
SoftBank is acquiring ABB's robotics division for $5.4 billion to prioritize robotics and Physical AI within a broader AI and infrastructure investment strategy.
SoftBank is preparing for global layoffs to its Vision Fund team, in a pivot to AI
SoftBank's Vision Fund will cut nearly 20% of staff globally to reallocate resources toward Masayoshi Son's large-scale U.S. AI infrastructure projects.