Chinese regulators block SoftBank’s $5.4B acquisition of ABB Robotics

T1Covered by 1 source · first reported by The Robot Report / IEEE Spectrum Robotics at 05 Nov, 16:25 UTC

Chinese authorities blocked the deal over concerns about robot data being transferred overseas and used to train AI models. The post Chinese regulators block SoftBank’s $5.4B acquisition of ABB Robotics appeared first on The Robot Report.

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Sources

• T1Chinese regulators block SoftBank’s $5.4B acquisition of ABB RoboticsThe Robot Report / IEEE Spectrum Robotics05 Nov, 16:25