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SoftBank bulks up its robotics portfolio with ABB Group’s robotics unit; also, Square launches AI voice ordering and an integrated Bitcoin solution for merchants

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Manage episode 512408075 series 1321951
Content provided by SpokenLayer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SpokenLayer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 more than five billion dollars. The deal is subject to regulatory approval; SoftBank predicts the deal will close in mid-to-late twenty twenty six. Sami Atiya, the head of the division, will exit the company once the acquisition is complete.

Square has launched new features for merchants, including AI-powered voice ordering for restaurants, enhancements to its AI assistants, such as providing local insights and an integrated Bitcoin solution to accept and hold the digital currency.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

5985 episodes

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iconShare
 
Manage episode 512408075 series 1321951
Content provided by SpokenLayer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SpokenLayer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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 more than five billion dollars. The deal is subject to regulatory approval; SoftBank predicts the deal will close in mid-to-late twenty twenty six. Sami Atiya, the head of the division, will exit the company once the acquisition is complete.

Square has launched new features for merchants, including AI-powered voice ordering for restaurants, enhancements to its AI assistants, such as providing local insights and an integrated Bitcoin solution to accept and hold the digital currency.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

  continue reading

5985 episodes

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