SoftBank to pay $5.4 billion for robotics producer, one of four areas it's investing to realize ‘artificial super intelligence.'

Core Insights - SoftBank is acquiring the robotics division of ABB for $5.3 billion to enhance its investment in artificial super intelligence [1] Company Summary - The acquisition involves a significant financial commitment of $5.3 billion by SoftBank [1] - The robotics division of ABB is expected to play a crucial role in SoftBank's strategy towards advancing artificial super intelligence [1] Industry Summary - The deal highlights the growing interest and investment in robotics and artificial intelligence sectors [1] - SoftBank's move reflects a broader trend in the industry towards integrating advanced technologies for future growth [1]