AI Daybook
AI Daybook
Today's issue
Industry & Policy

Chinese regulators block SoftBank's $5.4 billion ABB Robotics acquisition

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

Outlet
The Robot Report
Published
Importance
4/5

Summary

Chinese authorities blocked SoftBank's $5.4 billion acquisition of ABB Robotics over concerns about robot data being transferred overseas and used to train AI models.

Original excerpt

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.

#robotics#regulation#acquisition
Read the original
See all →