SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company's annual general meeting in Tokyo, Japan, on Friday, June 27, 2025.SoftBank Group on Monday said it had agreed to buy the robotics division of Swiss engineering firm ABB for $5.4 billion, as the Japanese giant looks to bolster its artificial intelligence plays.The deal, which is subject to regulatory approval globally, means ABB will no longer look to spin off its robotics business as a separately listed c ...