SoftBank to acquire ABB's robotics unit for $5.4B in AI push

Core Insights - SoftBank Group announced the acquisition of ABB's robotics division for $5.4 billion, indicating a significant investment in the integration of artificial intelligence and robotics [1] Company Summary - The acquisition represents one of SoftBank's most ambitious investments in the robotics sector, highlighting its strategy to capitalize on the growing convergence of AI and robotics [1] Industry Summary - This move underscores the increasing importance of robotics in various industries, as companies seek to enhance automation and efficiency through advanced technologies [1]