The Chinese government is betting that robots will drive economic growth. But the bots can’t really do much yet. By Meaghan Tobin and Xinyun Wu Reporting from Taipei, Taiwan Robots made by Chinese ...
Robot companies are racing toward a breakout year, but they'll have to confront some fundamental problems before making bigger promises. Jesse Orrall (he/him/his) is a Senior Video Producer for CNET.
Shanghai — A Chinese robot has stepped into the Guinness World Records after completing a three-day, 66-mile trek, the longest reported distance ever walked by a humanoid machine. The AgiBot A2, which ...
Russia’s first humanoid robot with artificial intelligence fell on stage during its official debut at a technology event in Moscow on November 10, prompting staff to cover the machine from public view ...
Following SoftBank's acquisition of ABB's robotics business, the global industrial robot landscape has shifted from a European-Japanese balance to dominance by Japanese firms and China's Midea Group.
Robots may be one of the greatest 21st-century inventions, but up until Oct. 28, you couldn’t purchase one to help out with daily household tasks, such as emptying the dishwasher or vacuuming your ...
ABB CEO Morten Wierod tells CNBC’s Europe Early Edition why he supports SoftBank’s vision for ABB’s robotics business, following the announcement of a $5.4 billion sale to the Japanese tech group.
Earlier this year, Automation World interviewed Marc Segura, president of ABB Robotics and we asked him about the news that ABB was planning to spin off ABB Robotics as a stand-alone business. He said ...
Japanese investment group SoftBank said it’s paying $5.38 billion for the robotics division of Swiss-Swedish engineering company ABB to advance a bet on what it calls artificial super intelligence.
The transaction is the latest in a series of investments and acquisitions relating to the development of artificial intelligence infrastructure. Morrison Foerster has advised longtime client SoftBank ...
Tokyo-listed shares of SoftBank Group (OTC:SFTBY) (OTC:SFTBF) jumped as much as 13% after the Japanese giant agreed to acquire Swiss engineering firm ABB‘s (OTC:ABBNY) Robotics unit in a deal valued ...
Japan's SoftBank Group (SBG) and Swiss heavy electrical firm ABB have signed an agreement for SoftBank to acquire ABB's robotics business for US$5.375 billion. According to reports from Nikkei and ...
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