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ABB to Sell Robotics Division for $5.4 Billion
Yahoo Finance· 2025-10-13 15:29
ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis in technology. SoftBank owns significant stakes in major companies like Nvidia and T-Mobile, and recent reports have suggested that the firm is carving out a strategic growth plan specific to AI. And that’s likely where ABB comes in. Most Read on IEN: In a statement, SoftBank founder Masayoshi Son called physical AI his company’s “next frontier,” adding that “together with ABB Robotic ...
SoftBank Group to acquire ABB’s robotics unit for $5.4bn
Yahoo Finance· 2025-10-09 08:51
SoftBank Group has agreed to acquire the robotics business of Switzerland-based technology company ABB for an enterprise value of $5.4bn. The deal, which is subject to regulatory review in the European Union, China and the US, as well as standard closing conditions, is expected to be finalised in mid-to-late 2026. ABB has decided not to proceed with its previous plan to spin off the robotics division as a separately listed entity. The business involved in the deal employs around 7,000 and generated $2.3 ...
SoftBank bulks up its robotics portfolio with ABB Group’s robotics unit
Yahoo Finance· 2025-10-08 14:10
Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich, Switzerland-based ABB Group’s robotics business unit for $5.375 billion. The deal is subject to regulatory approval; SoftBank predicts the deal will close in mid-to-late 2026 according to a press release. Sami Atiya, the head of the division, will;exit the company once the acquisition is complete, per ABB ...
SoftBank bulks up its robotics portfolio with ABB Group's robotics unit
TechCrunch· 2025-10-08 14:10
Japanese investing conglomerate SoftBank Group is buying a robotics company as the financial behemoth says physical AI is its next frontier. SoftBank announced on Wednesday that it has acquired Zurich, Switzerland-based ABB Group’s robotics business unit for $5.375 billion. The deal is subject to regulatory approval; SoftBank predicts the deal will close in mid-to-late 2026 according to a press release. Sami Atiya, the head of the division, will exit the company once the acquisition is complete, per ABB Gr ...
SoftBank to buy ABB robotics unit for $5.4 billion as it boosts its AI play
CNBC· 2025-10-08 06:27
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 ...
Tesla exec leading development of chip tech and Dojo supercomputer is leaving company
CNBC· 2025-08-07 23:42
Group 1 - Tesla's vice president of hardware design engineering, Pete Bannon, is leaving the company after joining in 2016 from Apple, and he was leading the development of Tesla's Dojo supercomputer [1] - Musk has been positioning Tesla as an artificial intelligence and robotics powerhouse, with Dojo being a key component designed to process and train AI models using data from Tesla vehicles [2] - The focus on Dojo and another computing cluster, Cortex, aims to enhance Tesla's advanced driver assistance systems and fulfill Musk's vision of transforming existing Teslas into robotaxis [3] Group 2 - Tesla has entered a $16.5 billion deal with Samsung to produce A16 chips domestically, and is currently testing a Robotaxi service in Austin, Texas, which requires a human safety supervisor [4] - During an earnings call, Musk addressed concerns about competition for AI talent between Tesla and his AI company, xAI, stating that both companies are focused on different aspects of AI development [5][6] - Tesla has seen a significant departure of top talent this year, including key figures in robotics and software engineering, indicating potential challenges in retaining skilled personnel [7]
X @s4mmy
s4mmy· 2025-06-30 15:25
Market Trends & Investment Opportunities - Nansen 数据显示,具有实际用例的 AI 代币在 7 天内净流入强劲 [1] - SERV (Openservai) 本周 ROI 领先,上涨 5722%,买入额达 868000 美元 [1] - GAME (Virtuals) 上涨 4716%,7 天内净流入 708660 美元 [4] - REI (ReiNetwork0x) 上涨 4188%,7 天内 DEX 净流入 808660 美元 [5] - FET (Fetch_ai) 本周上涨 1531%,净流入 136040 美元 [6] Company Developments & Technologies - Openserv 正在开发 agentic applications (aApps),旨在创建一个 revenue first 生态系统 [1] - Virtuals 的 GAME SDK 备受关注,Agent Commerce Protocol (ACP) 预计即将推出 [2] - REI 的 "Bowtie" 架构的双内存系统反映了认知科学的进步,灵感来自 2025 年初发布的人脑研究 [3] - Fetch_ai 是 Artificial Super Intelligence (ASI) 的核心组成部分,ASI 是 Fetch AI、SingularityNET 和 Ocean Protocol 于 2024 年合并而成的去中心化 AI 集体 [6] - Fetch_ai 宣布 5000 万美元的代币回购计划,以支持 ASI:One 的推出 [6]
X @s4mmy
s4mmy· 2025-06-30 13:24
Market Trends & ROI - Nansen 数据显示,具有实际用例的 AI 代币 7 天净流入强劲 [1] - SERV (Openservai) 本周投资回报率领先,上涨 57.22%,买入额达 868,000 美元 [1] - GAME (Virtuals) 上涨 47.16%,净流入 708,660 美元 [4] - REI (ReiNetwork0x) 上涨 41.88%,DEX 净流入 808,660 美元 [5] - FET (Fetch_ai) 本周上涨 15.31%,净流入 136,040 美元 [6] Project Updates & Developments - Openserv 正在开发 agentic applications (aApps),旨在创建一个 revenue first 生态系统 [1] - Virtuals 的 GAME SDK 受到关注,Agent Commerce Protocol (ACP) 预计即将推出 [2] - REI 采用 Bowtie 架构,其双内存系统反映了认知科学的进步 [3] - Fetch_ai 将 aApp 集成到 Telegram 中,并推出 "Sammy Crypto x AI dashboard" [4] - Fetch_ai 是 Artificial Super Intelligence (ASI) 的核心组成部分,旨在推动 AI 超越人类认知能力 [6][7] Tokenomics & Liquidity - SERV 市值 3430 万美元,流动性 159 万美元 [1] - GAME 市值 6060 万美元,流动性 552 万美元 [4] - REI 市值 1.136 亿美元,流动性 319 万美元 [5] - FET 市值 18 亿美元,流动性 502 万美元 [6]