Swiss corporation ABB Ltd. $ABB, known for its production of industrial robots and related software, announced plans to spin off its robotics division into a standalone company by 2026. This decision aims to transform the company’s least profitable segment into an independent entity, which management believes will enhance operational efficiency and improve financial results.

Google, a subsidiary of Alphabet, has unveiled two new artificial intelligence models tailored for the robotics sector. Developed on the robust Gemini 2.0 framework, these models aim to address the rapidly evolving demands of the robotics industry, blending advanced machine learning with physical automation.