ABB has announced that it is selling this business to SoftBank – a Japanese financial holding company with a heavy emphasis in technology. SoftBank owns significant stakes in major companies like Nvidia and T-Mobile, and recent reports have suggested that the firm is carving out a strategic growth plan specific to AI. And that’s likely where ABB comes in. Most Read on IEN: In a statement, SoftBank founder Masayoshi Son called physical AI his company’s “next frontier,” adding that “together with ABB Robotic ...