China blocks SoftBank's $5.4B takeover of ABB Robotics

A major regulatory hurdle for consolidation in industrial robotics and physical AI.

China blocked SoftBank Group's proposed $5.4 billion acquisition of ABB's robotics business, a setback to SoftBank's industrial robotics and physical AI ambitions. ABB confirmed the decision.

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industry

Read it at Robotics & Automation News →

Coverage: 2 sources, in order

1. 10 Nov 17:13 Robotics & Automation News Read the article →
2. 10 Nov 21:00 AI Business Read the article →

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