SoftBank Group has entered into an agreement to acquire DigitalBridge Group in a deal valued at approximately $4bn. The acquisition, which will see SoftBank purchase all outstanding shares of DigitalBridge for $16 each in cash, aims to strengthen SoftBank’s position in developing global infrastructure for artificial intelligence (AI) applications. Both companies’ boards have unanimously approved the transaction after a special committee of DigitalBridge's independent directors reviewed and recommended t ...

Group 1 - Digital Bridge Group's share price surged nearly 10% following news of a buyout by SoftBank Group, indicating strong market interest [1][2] - The acquisition deal has an enterprise value of approximately $4 billion, with SoftBank agreeing to pay $16 per share in cash for DigitalBridge [2][6] - DigitalBridge operates in the digital infrastructure sector, which is experiencing high demand due to the needs of artificial intelligence, making it a strategic investment opportunity [4][5] Group 2 - SoftBank's CEO Masayoshi Son emphasized that the acquisition aims to strengthen the foundation for next-generation AI data centers and advance their vision of becoming a leading Artificial Super Intelligence platform provider [5] - DigitalBridge's current market cap is $2.5 billion, with its stock closing at $15.26, below the acquisition price, reflecting some skepticism among investors regarding the deal's completion [6][8] - The deal is considered smaller in scale compared to SoftBank's previous investments, such as WeWork, and is viewed positively due to DigitalBridge's reliable profitability and strong market position [7][8]

SoftBank Group has entered into a definitive agreement to acquire DigitalBridge (NYSE: DBRG), a global alternative asset manager dedicated to investing in digital infrastructure, including data centers, cell towers, fiber networks, and edge infrastructure, for a total enterprise value of approximately $4 billion.SoftBank Group said its mission is to realize Artificial Super Intelligence (ASI) for the advancement of humanity. Achieving that vision requires breakthroughs not only in AI models, but also in the ...

Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise.Nvidia shares dropped more than 1% Monday stateside, giving back some of its more than 5% gain in last week's period. Palantir Technologies and Meta Platforms also suffered losses, as did Oracle .Asia-Pacific markets mostly fell Tuesday, after the tech sell-down on Wall Street continued on AI bubble fears.Japan's Nikkei 225 was down 0.18%, while the broad-based Topix was 0.17% lower. Shares of Softbank Group ...

Core Insights - TGI Solar Power Group Inc. and Genesys Info X have formed a strategic partnership to launch FUSED88.com, a digital ecosystem aimed at enhancing Project Management and Human Capital Management through AI and ASI [1][2] Partnership Details - TGI Solar Power Group Inc. will handle global business development, sales, marketing, and branding, while Genesys Info X will focus on technical aspects including platform development and cybersecurity [2] - The partnership includes a revenue-sharing agreement that emphasizes a long-term commitment to mutual success and operational excellence [6] Product Features - FUSED88.com provides an all-in-one enterprise management solution featuring Human Capital Management, Financial Resource Tracking, Crisis Management tools, and secure Group Collaboration capabilities [3] Operational Aspects - The platform is currently in Beta Test Mode, refining its cybersecurity protocols and ASI capabilities, with a 24/7 customer service and technical support operation established in the U.S. and India [4] - The India Head Office and Backend Operations Center is located in Hyderabad, serving as the core hub for AI development and cybersecurity operations [5] Company Overview - TGI Solar Power Group Inc. is a diversified holding company focused on acquiring innovative technologies and aims to create sustainable habitats that enhance quality of life [7]

Core Insights - ABB is selling its robotics business to SoftBank for approximately $5.4 billion, marking a strategic shift for ABB [1][2] - SoftBank aims to integrate ABB Robotics into its vision of advancing Artificial Super Intelligence (ASI) and robotics [1] - ABB's chairman stated that the divestment will create immediate value for shareholders while the company's long-term strategy remains unchanged [2] Group 1: Company Strategy - The deal represents a shift in ABB's strategy, moving away from plans to spin off its robotics division into a separate entity [2] - ABB will continue to focus on its leading positions in electrification and automation despite the divestment [2] Group 2: SoftBank's Vision - SoftBank's founder, Masayoshi Son, emphasized the importance of physical AI as the company's "next frontier" [1] - Son envisions ASI as a technology that could be 10,000 times smarter than any human genius, with a timeline of about ten years for its development [1]

Core Insights - SoftBank Group has agreed to acquire ABB's robotics business for an enterprise value of $5.4 billion, with the deal expected to finalize in mid-to-late 2026, pending regulatory review [1] - The robotics business employs approximately 7,000 people and generated $2.3 billion in revenue in 2024, accounting for nearly 7% of ABB's total revenue with an operational EBITA margin of 12.1% [2] - The acquisition is anticipated to enhance SoftBank's AI robotics initiatives by integrating ABB's expertise, thereby accelerating innovation towards artificial super intelligence (ASI) [3] Company Adjustments - Following the acquisition, ABB will report its robotics division as discontinued operations and will restructure its business from four to three core areas [4][5] - ABB's machine automation division will be integrated into its Process Automation business area, and the company expects a non-operational pre-tax book gain of approximately $2.4 billion from the transaction [5] - The separation costs related to the divestment are forecasted at $200 million, with cash tax outflows projected between $400 million and $500 million [6] Strategic Vision - SoftBank's chairman and CEO, Masayoshi Son, emphasized the company's focus on Physical AI, aiming to merge ASI with robotics to drive significant advancements for humanity [4] - Both ABB and SoftBank believe that their collaboration will shape the new era of AI-based robotics effectively [7]

Core Insights - SoftBank Group is acquiring ABB Group's robotics business unit for $5.375 billion, with the deal expected to close in mid-to-late 2026 pending regulatory approval [2][3] - The acquisition aligns with SoftBank's strategy to focus on physical AI as a new frontier, aiming to integrate advanced technology and talent in robotics [5][6] Financial Overview - ABB's robotics business generated $2.3 billion in revenue in 2024, accounting for 7% of ABB's total revenue, and saw a decline from $2.5 billion in the previous year [3] - The robotics division employs approximately 7,000 people and offers various robotic solutions for tasks such as picking, cleaning, and painting [3] Strategic Direction - SoftBank has been actively investing in the robotics sector, including established companies like AutoStore and startups such as Skild AI and Agile Robots, and launched its own robotics platform in 2014 [4] - The company identifies robotics as one of its four key focus areas, alongside AI chips, AI data centers, and energy [5]

Core Insights - SoftBank Group is acquiring ABB Group's robotics business unit for $5.375 billion, with the deal expected to close in mid-to-late 2026 pending regulatory approval [2][3] - The acquisition aligns with SoftBank's strategy to focus on physical AI as a new frontier, aiming to combine advanced technology and talent to drive innovation in robotics [5][7] Group 1: Acquisition Details - The robotics business being acquired employs approximately 7,000 people and generated $2.3 billion in revenue in 2024, which accounted for 7% of ABB's total revenue [3] - ABB's robotics revenue decreased from $2.5 billion in the previous year to $2.3 billion in 2024, prompting the decision to spin out the division [3] Group 2: Strategic Focus - SoftBank has been actively investing in the robotics sector, including established companies like AutoStore and startups such as Skild AI and Agile Robots [4] - The company launched its own robotics platform, SoftBank Robotics Group, in 2014, indicating a long-term commitment to this industry [4] Group 3: Vision and Future Plans - Masayoshi Son, SoftBank's chairman and CEO, emphasized the goal of merging artificial super intelligence with robotics to advance humanity [5][7] - Robotics is one of four key focus areas for SoftBank, alongside AI chips, AI data centers, and energy, reflecting a broader vision for technological evolution [7]

Core Insights - SoftBank Group has agreed to acquire the robotics division of Swiss engineering firm ABB for $5.4 billion, aiming to enhance its artificial intelligence initiatives [1][2] - The acquisition will prevent ABB from pursuing a separate listing for its robotics business, indicating a strategic shift in ABB's focus [2] - Masayoshi Son envisions the integration of ABB Robotics with SoftBank's technology to advance the concept of Artificial Super Intelligence (ASI), which he describes as being 10,000 times smarter than humans [3] Summary by Categories Acquisition Details - SoftBank Group is set to purchase ABB's robotics division for $5.4 billion, reinforcing its commitment to AI [1][2] - The deal is pending global regulatory approval [2] Strategic Implications - The acquisition signifies a shift in ABB's strategy, as it will no longer seek to spin off its robotics business as a separate entity [2] - SoftBank aims to merge its technological capabilities with ABB's robotics expertise to drive innovation in Physical AI [2][3] Vision for the Future - Masayoshi Son articulates a vision of combining Artificial Super Intelligence with robotics to create transformative advancements for humanity [2][3]