TSE:9984Wireless Telecom
SoftBank’s Robotics Bet Tests Valuation And Volatile Share Price Story
SoftBank Group is planning to acquire ABB's robotics business as part of a push into industrial automation and AI.
The group is also backing Skild AI and working alongside partners such as Nvidia to build out an AI driven industrial platform.
This move extends SoftBank's focus beyond fintech and digital payments into AI powered robotics across physical industries.
For investors watching SoftBank Group (TSE:9984), the shift toward industrial robotics comes after a period of sharp share price...