Announcing the $5.4 billion acquisition of Swiss conglomerate ABB Ltd.’s robotics unit last week, SoftBank Group Corp. Chief Executive Officer Masayoshi Son heralded an era of “physical AI” that would propel humanity forward. But I worry more risk-tolerant and better-funded Asian and US tech firms will lead the next robot revolution, while Europe gets left behind.
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A $5.4 Billion Robotics Sale Signals Europe’s Loss of Control
