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Euronews
Euronews
Doloresz Katanich

SoftBank to buy ABB’s robotics business for $5.4bn to strengthen its AI branch

SoftBank ABB United States

Japan's SoftBank Group has agreed to acquire the robotics branch of Swiss engineering company ABB for $5.37 billion (€4.62bn) as it pushes ahead with physical AI.

Unlike digital AI, which works in the virtual realm, physical AI allows machines such as robots to operate in real-world environments.

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