Chinese regulators block SoftBank's $5.4 billion ABB Robotics acquisition
Original titleChinese regulators block SoftBank’s $5.4B acquisition of ABB Robotics
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- The Robot Report
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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.