Business
Robotics frenzy drives US$24 billion gain in Hyundai Motor stocks
Its projects help to modernise the company’s image, and its undervalued stock has room to rise further Hyundai Motor Group stocks have…
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Robotics
Business
Arm launches ‘Physical AI’ unit, joining rush to robotics by tech and automakers
Interest in humanoid robots has boomed as companies see human-form machines as the next frontier in AI and automation Chip technology…
Business
Grab to acquire Chinese firm Infermove to expand in AI robotics
Grab Holdings has acquired Chinese tech company Infermove to expand in artificial intelligence-enabled robotics for food delivery. Grab…
Business
China’s robotics stocks face investor scrutiny over bubble fears
Beijing has been on a so-called anti-involution drive this year, aiming to curb destructive competition across industries Investor hype…
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Volkswagen to develop chip for China smart cars with Horizon Robotics
The move would deepen the carmaker’s research and development capability ‘in China, for China’ Volkswagen said on Wednesday (Nov 5) that…
Business
SoftBank to buy ABB’s robotics arm in US$5.4 billion deal
SoftBank Group has agreed to acquire ABB’s industrial robots unit at an enterprise value of almost US$5.4 billion, reflecting the Japanese…
Business
SoftBank to buy ABB’s robotics business in US$5.4 billion deal
SoftBank Group said on Wednesday (Oct 8) it has agreed to buy the robotics business of Swiss engineering group ABB in a US$5.4 billion…
Business
ST Engineering will invest S$250 million to drive robotics solutions for complex challenges
ST Engineering is pouring S$250 million over the next five years into a programme that will drive physical artificial intelligence (AI)…
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Who is Jian Zhang? Apple's Lead Robotics Researcher Switches Side to Join Meta
Apple has lost another top artificial intelligence researcher. Jian Zhang, who led robotics research at the company, is moving to Meta to…
Business
Horizon Robotics’ shares jump 38% in Hong Kong after US$696 million IPO
SHARES of Horizon Robotics jumped nearly 38 per cent early in their trading debut in Hong Kong on Thursday (Oct 24), adding to optimism…
Business
China’s Horizon Robotics raises HK$5.4 billion in biggest Hong Kong IPO of 2024
CHINESE autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion (S$913.4 million)…
Business
Horizon Robotics seeks US$696 million in Hong Kong IPO, in what would be city’s largest in 2024
CHINESE autonomous driving firm Horizon Robotics is aiming to raise up to US$696 million in a Hong Kong initial public offering (IPO), as…
Business
Horizon Robotics said to draw Alibaba, Baidu as investors in IPO
ALIBABA Group Holding and Baidu are among the cornerstone investors in the Hong Kong initial public offering of Horizon Robotics, a…