SoftBank's $5.4B purchase of ABB's robotics unit is another setback for Europe, which risks losing its edge to Asian and US companies in the "physical AI" era (Chris Bryant/Bloomberg)

Chris Bryant / Bloomberg: SoftBank's $5.4B purchase of ABB's robotics unit is another setback for Europe, which risks losing its edge to Asian and US companies in the “physical AI” era  —  Announcing the $5.4 billion acquisition of Swiss conglomerate ABB Ltd.'s robotics unit last week …

Oct 15, 2025 - 04:00
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SoftBank's $5.4B purchase of ABB's robotics unit is another setback for Europe, which risks losing its edge to Asian and US companies in the "physical AI" era (Chris Bryant/Bloomberg)

Chris Bryant / Bloomberg:
SoftBank's $5.4B purchase of ABB's robotics unit is another setback for Europe, which risks losing its edge to Asian and US companies in the “physical AI” era  —  Announcing the $5.4 billion acquisition of Swiss conglomerate ABB Ltd.'s robotics unit last week …

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