SoftBank to buy ABB's robot business for $5.4 billion
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SoftBank to buy ABB's robot business for $5.4 billion
STORY: SoftBank Group has agreed to buy the robotics business of Swiss engineering group ABB in a $5.4 billion deal. The Japanese investor is forging ahead with a strategy to fuse robotics and artificial intelligence. The acquisition is the latest by Softbank as it seeks to become a core player in the development of AI. Its recent investments ...
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