Every ABB story collected by The AI Daily, 2 so far, newest first, refreshed hourly.
China blocks SoftBank's $5.4B takeover of ABB robotics unitA Chinese government agency blocked SoftBank Group's $5.4 billion acquisition of ABB's robotics unit, ABB confirmed. The deal was expected to strengthen SoftBank's expansion into physical AI and boost its revenue and profit.
ABB Launches New Racks for AI Data CentersABB Motion President Brandon Spencer discussed the company's new data center rack portfolio for AI infrastructure. He said rack-level power demand is rising sharply, with deployments moving toward roughly one megawatt per rack and power needs increasing five to six times from current levels.
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